Tendeka becomes First Independent Service Company to Win Multi-million-pound Lower Completion Contract in Middle East
Tendeka, a global leader in advanced completions and production optimisation, has been awarded a project to supply the Kuwait Oil Company (KOC) with its Inflow Control Device (ICD) technology which will enhance production through more effective reservoir management. The multi-million-pound deal will involve Tendeka installing Advanced ICD equipment in 55 …
Caspian Sunrise: Shareholding update from 30th August 2017
Caspian Sunrise PLC (formerly Roxi Petroleum plc) (“Caspian Sunrise”), the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with the following changes in the shareholdings of the Company. On completion of the Baverstock Merger 651,436,544 new Caspian Sunrise shares were issued …
Kazakh Tengizchevroil Plans to Cut oil Output Due to Maintenance
Tengizchevroil, Kazakhstan’s largest oil producer, plans to cut oil production by 480,000 tonnes in August and by 60,000 tonnes in October due to maintenance works, the Kazakh Energy Ministry told Reuters in emailed comments. The maintenance work will be in two phases between Aug 1 and Sept 2 as well …
BP Reports Full Year and 4Q 2015 Results: Dividend Remains Unchanged
BP today reported its results for the full year and fourth quarter of 2015. Underlying replacement cost profit1 for the full year was $5.9 billion, compared with $12.1 billion reported for 2014, down 51%. The underlying result for the fourth quarter was $196 million compared with $2.2 billion for the fourth …
Eni Awarded Exploration Company of 2015 by the Petroleum Economist
Eni is winner of the Petroleum Economist Award, established in 2006 by the prestigious Petroleum Economist, as Exploration Company of the Year. During a ceremony held yesterday in London, a panel of independent experts representing all areas of the world of Energy, led by the Secretary General of OPEC Abdalla …
International Petroleum: Quarterly Activities Report for the Quarter Ending 30 June 2015
International Petroleum Limited (NSX: IOP) (“International Petroleum” or the “Company”), an oil and gas exploration company is pleased to present its activities report for the three months ending 30 June 2015. UPDATE ON KEY ISSUES US$3,464k cash at bank at 30 June 2015 Update on Niger project …
Shelton Petroleum AB: Interim Report January-June 2015
Increased operating margin compared to the first quarter January – June 2015 Total revenue for the period: SEK 42 (63) million Operating result for the period: SEK 5 (15) million Operating margin: 12% (23%) Basic and diluted earnings per share: SEK 0.19 (0.70) Statement from the CEO Robert Karlsson During …
Chevron Announces First Oil From Jack/St. Malo Project in the Gulf of Mexico
SAN RAMON, Calif., December 2, 2014 – Chevron Corporation (NYSE: CVX) announced that crude oil and natural gas production has begun at the Jack/St. Malo project in the Lower Tertiary trend, deepwater U.S. Gulf of Mexico. Jack/St. Malo is a key part of Chevron’s strong queue …