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McDermott wins contract for GOM field development

2 hours ago DieselGasoil Comments Off on McDermott wins contract for GOM field development
11/15/2018 HOUSTON — McDermott International was awarded a contract for concept and engineering services for Talos Energy for the Zama field project. The development is the first offshore Mexico block awarded to a private operator. The contract is for engineering services, including concept selection and follow-on pre-FEED.  McDermott will execute this contract award with io Read More

Repsol to re-use existing North Sea platform

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By Mikael Holter on 11/15/2018 OSLO (Bloomberg) — Oil companies have pushed through draconian cost cuts during the recent industry slump, but they’re not done yet.  Spain’s Repsol unveiled plans to re-use its Gyda platform in Norway’s North Sea on another field, an unprecedented step for a fixed installation, according to the head of Repsol’s Read More

Faroe-operated rungne exploration well results show good, bad

17 hours ago DieselGasoil Comments Off on Faroe-operated rungne exploration well results show good, bad
11/14/2018 NORWAY — Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, announces the results of the Faroe-operated Rungne exploration well 30/6-30 in the Norwegian North Sea (Faroe 40% working interest). The well encountered a 56 m gross (17 m net) gas/condensate column Read More

Lukoil drilled its second well in Yury Kochagin field

1 day ago DieselGasoil Comments Off on Lukoil drilled its second well in Yury Kochagin field
11/14/2018 Photo: Lukoil. MOSCOW — PJSC LUKOIL completed the construction of the second production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea. The single-bore well with horizontal completion was drilled from a jack-up rig. The measured depth of the well is 3,736 m. The well’s initial flow rate is Read More

U.S. farmers scramble to contain trade-war damage, find new markets

1 day ago DieselGasoil Comments Off on U.S. farmers scramble to contain trade-war damage, find new markets
ADDIEVILLE, Ill.(Reuters) – Clouds crowded the Illinois sky as Nick Harre walked away from his combine at the peak of harvest to join four fellow farmers in greeting some unlikely visitors. Members of Illinois Soybean Growers Association and a trade group of grain buyers from Sri Lanka inspect soybeans of Pioneer-DuPont Seed facility in Addieville, Read More

Standard Lithium Announces Maiden Inferred Resource of 3,086,000 Tonnes LCE at Southern Arkansas Project

1 day ago DieselGasoil Comments Off on Standard Lithium Announces Maiden Inferred Resource of 3,086,000 Tonnes LCE at Southern Arkansas Project
VANCOUVER, British Columbia, Nov. 14, 2018 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLL) (OTCQX: STLHF) (FRA: S5L), is pleased to report a maiden lithium resource statement for its 150,000 acre Project in the south-central region of Arkansas, USA (the “Property”; see Company news release 9th May 2018). The maiden Read More

President Energy shares positive Argentina outlook

2 days ago DieselGasoil Comments Off on President Energy shares positive Argentina outlook
11/13/2018 LEEDS, UK — President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, provides an update on its business in Argentina and in particular the Puesto Flores/Estancia Vieja Concession, Rio Negro Province (90% President and operator, and 10% EDHIPSA, the Provincial energy company). Highlights Read More

Less propaganda, more emojis: Young media stars gather in Russia to create new future for journalism

2 days ago DieselGasoil Comments Off on Less propaganda, more emojis: Young media stars gather in Russia to create new future for journalism
Over 400 reporters, photographers, and bloggers from 35 countries came to the Hermitage in St. Petersburg to showcase the good journalism can do against a background of growing weaponization of the media across the world. “We wanted the journalists from the various countries not to discuss each other, but to talk to each other directly,” Read More

Rockhopper Exploration produces commercial volumes of oil from Bahariva formation

3 days ago DieselGasoil Comments Off on Rockhopper Exploration produces commercial volumes of oil from Bahariva formation
11/12/2018 Map: Rockhopper Exploration’s Abu Sennan concession. LONDON — Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, is pleased to provide the following operational and corporate update in relation to its Egyptian portfolio. Current production from the Abu Sennan concession is approximately Read More