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Strata-X Energy Secures Environment Approval for Serowe CSG Project, Botswana
November 29, 2018
Strata-X Energy announced that it has received final approval of its Environmental Management Plan (EMP) covering the company’s original permits over 273,000 acres. With the approval of the EMP, the Company can now move forward with its 2019 2-well drilling
ADNOC Opens New Gas Compression Plant in Abu Dhabi
November 27, 2018
The Abu Dhabi National Oil Company (ADNOC) has inaugurated Taweelah Gas Compression Plant to ensure uninterrupted gas supplies to major Abu Dhabi industries and the Northern Emirates customers. The technologically advanced plant is located 50km north of Abu Dhabi city
Russia to Remain Europe’s Main Gas Supplier
November 27, 2018
Russia, the world’s second-largest natural gas producer, is expected to continue to be Europe’s primary supplier of natural gas until 2040, despite a significant decrease in the demand for the blue fuel. According to the IEA’s 2018 World Energy Outlook,
Russia’s $11 Billion Natural Gas Pipeline is Primed to Fuel Europe
November 20, 2018
In the shadows of a long-silent East German nuclear reactor on the edge of the Baltic Sea, engineers are drilling, dredging, and digging in a forest clearing. As one set of workers shifts contaminated concrete and other radioactive materials from
ACCC Approves Santos’ $2.15 Billion Acquisition of Quadrant
November 19, 2018
The Australian Competition and Consumer Commission (ACCC) has cleared the decks for Santos’ $2.15bn acquisition of Quadrant Energy, which is now on the verge of closing following the regulator’s approval. The competition watchdog said that it will not oppose Santos
Armour Energy Secures Rights for Acreage in Surat Basin’s Roma Shelf, Queensland
November 19, 2018
Armour Energy has secured rights for the PLR201718‐2‐4 onshore license on the Roma Shelf in the Surat Basin from the Queensland government in Australia. The new acreage in the Roma Shelf, which was won during the Queensland petroleum acreage release
Senex Energy Starts Construction of Roma North Gas Project, Australia
November 15, 2018
Senex Energy said that construction has started for the onshore Roma North gas project in Queensland, Australia following the award of a contract to Wasco (Australia). The construction contract to Wasco follows last month’s final investment decision taken by Senex
Sapura Energy to Sell 50% Stake in Upstream Business to OMV for $975 Million
November 15, 2018
Sapura Energy, a Malaysian oil and gas services company, has agreed to sell 50 percent of its exploration and production (E&P) business Sapura Upstream to Austria-based OMV Aktiengesellschaft in a deal worth up to $975m. Sapura Upstream, which has production
ADNOC to Invest $1.4 Billion to Ramp Up Production at Bu Hasa Oil Field, Abu Dhabi
November 15, 2018
The Abu Dhabi National Oil Company (ADNOC) have announced an investment of AED5.1bn ($1.4bn) to upgrade and expand its Bu Hasa oil field, located 200km south of Abu Dhabi city. The upgrade and expansion is expected to ramp up the
ExxonMobil Wins Eight Deepwater Blocks in Latest Brazil Bid Round
November 14, 2018
ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning eight additional exploration blocks during Brazil’s 15th bid round. The blocks awarded add about 640,000 net acres to the ExxonMobil portfolio. Six of the eight newly awarded blocks will
