Oil, Gas and Shale
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Wood Awarded $8 Million Pre-FEED Contract for ADNOC’s New Refinery in Ruwais

February 22, 2019

Wood has been awarded an $8 million contract by ADNOC Refining to deliver pre-front end engineering and design (pre-FEED) for a new refinery in Ruwais, in the western region of the Emirate of Abu Dhabi, which is set to become

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Australia Pacific LNG to Acquire Origin’s Ironbark Coal Seam Gas Asset for $165 Million

February 21, 2019

Origin Energy has agreed to sell its Ironbark onshore coal seam gas (CSG) development (Ironbark gas project) in Queensland to Australia Pacific LNG for A$231 million ($165.38 million). Located in the Surat Basin, Ironbark holds 129 PJ of 2P reserves

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GeoPark to Acquire LG International’s Oil and Gas Assets in Colombia and Chile

February 20, 2019

GeoPark Limited has entered into an agreement to acquire the LG International Corporation (LGI) interest in GeoPark’s Colombian and Chilean operations and subsidiaries. This acquisition will increase GeoPark’s equity interest to 100 percent in its Colombian and Chilean businesses, which

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Great Eastern Energy to Venture into Shale Gas Exploration, India

February 20, 2019

Great Eastern Energy Corporation Limited, the fully integrated, leading Indian Coal Bed Methane (CBM) company, today released an upgrade in its resources at its Raniganj (South) block, which has been provided by the independent reserve engineers, Advance Resources International, Inc.

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Queensland Gov’t Approves Construction of Senex Energy’s Project Atlas Gas Processing Facility

February 18, 2019

Senex Energy welcomes the Queensland Government’s award of a petroleum facility license to Jemena for construction of the Project Atlas gas processing facility. On February 13, 2019, Natural Resources, Mines and Energy Minister, Dr. Anthony Lynham, announced the award of

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MHPS Begins GTCC Trial Operation in Final Stage of Jawa-2 Project, Indonesia

February 15, 2019

Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has begun trial operation of gas turbine combined cycle (GTCC) for Jawa-2 Project underway by PT. PLN (Persero), Indonesia’s state-owned electricity provider, at the Tanjung Priok Power Plant on Java Island. The project, to

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Chevron Signs New Gas Agreement with GS Caltex, South Korea

February 15, 2019

Chevron U.S.A. Inc, a wholly owned subsidiary of Chevron Corp, signed a sales and purchase agreement with GS Caltex Corporation for the delivery of liquefied natural gas (LNG) to South Korea from Chevron’s global supply portfolio. As a joint venture

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Equinor Begins Production from Aasta Hansteen Gas Field, Norwegian Sea

February 14, 2019

Equinor and its partners have commenced production from the Aasta Hansteen gas field in the Norwegian Sea, which has been developed with an investment of around NOK 37.5bn ($4.47bn). Located 300km west of Sandnessjøen, the Aasta Hansteen gas field has

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Equinor to Sell Stake in Tommeliten Discovery to PGNiG for $220 Million, Norway

February 13, 2019

Equinor has agreed to offload its non-operated stake in the Tommeliten Alpha field in the southern part of the Norwegian Continental Shelf (NCS) to Polish state-controlled oil and gas company PGNiG for $220 million. Located in the greater Ekofisk Area,

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ExxonMobil to Streamline Its Upstream Organization to Support Growth Plans

February 13, 2019

Exxon Mobil Corporation said it will streamline its upstream organization and centralize project delivery across the company to support previously announced plans to double operating cash flow and earnings by 2025. “We’re simplifying and integrating our upstream organization to better

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