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Chevron approves $36.8bn Tengiz oilfield project development in Kazakhstan

2016-07-06 01:00:00| Offshore Technology

Chevron's 50%-owned affiliate Tengizchevroil (TCO) is set to proceed with development of its $36.8bn Future Growth and Wellhead Pressure Management Project (FGP-WPMP) at the Tengiz oilfield in Kazakhstan.

Tags: development project kazakhstan approves

 

Total to obtain 30% stake in Al-Shaheen oilfield from Qatar Petroleum

2016-06-28 01:00:00| Offshore Technology

Total has signed an agreement to obtain a 30% interest in the concession covering the offshore Al-Shaheen oilfield from Qatar Petroleum (QP).

Tags: total obtain qatar petroleum

 
 

M&As this week: Perpetual Energy and Rubicon Oilfield International

2016-05-13 01:00:00| Hydrocarbons Technology

Perpetual Energy Inc. has agreed to sell its 30% stake in Warwick Gas Storage LP, which runs a gas storage facility in east central Alberta. The transaction implies a net value of $15.44m.

Tags: international week energy mas

 

Mubadala drills two development wells at Manora oilfield in Gulf of Thailand

2016-04-27 01:00:00| Offshore Technology

Abu Dhabi-based Mubadala Petroleum has completed drilling of the MNA-15 and MNA-16 development wells at the Manora oilfield in the Northern Gulf of Thailand.

Tags: of development thailand wells

 

The Schlumberger slump: can the oilfield services industry bounce back?

2016-04-19 01:00:00| Offshore Technology

As the oil and gas industry struggles against low oil prices, the oilfield services sector struggles along with it. Mass lay-offs among the big OFS players have hit the tens of thousands how are the likes of Schlumberger, Halliburton and Baker Hugh

Tags: back services industry bounce

 

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