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Transocean Ltd. Provides Quarterly Fleet Status Report

1 week ago DieselGasoil Comments Off on Transocean Ltd. Provides Quarterly Fleet Status Report
STEINHAUSEN, Switzerland, April 17, 2019 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. Since its last report Transocean added approximately $373 million in contract backlog, bringing total backlog to $12.1 billion. This Read More

U.S. forecaster sees 65 percent chance of weak El Niño in summer

2 weeks ago DieselGasoil Comments Off on U.S. forecaster sees 65 percent chance of weak El Niño in summer
(Reuters) – There is a 65 percent chance of weak El Niño conditions continuing through the northern hemisphere summer this year, a U.S. government weather forecaster said on Thursday. “El Niño continued during March 2019, as above-average sea surface temperatures persisted across the equatorial Pacific Ocean,” the National Weather Service’s Climate Prediction Center (CPC) added Read More

U.S. forecaster sees 65 percent chance of weak El Niño through summer

2 weeks ago DieselGasoil Comments Off on U.S. forecaster sees 65 percent chance of weak El Niño through summer
(Reuters) – There is a 65 percent chance of weak El Niño conditions continuing through the northern hemisphere summer this year, a U.S. government weather forecaster said on Thursday. “El Niño continued during March 2019, as above-average sea surface temperatures persisted across the equatorial Pacific Ocean,” the National Weather Service’s Climate Prediction Center (CPC) added Read More

VAALCO Energy, Inc. Appoints William Thomas as New Director

2 weeks ago DieselGasoil Comments Off on VAALCO Energy, Inc. Appoints William Thomas as New Director
HOUSTON, April 11, 2019 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY) today announced that William R. Thomas had been appointed to the Company’s Board of Directors, effective April 9, 2019. Mr. Thomas will stand for election at the Company’s 2019 Annual Meeting of Shareholders. Mr. Thomas has over 30 years of experience in the Read More

Fueltrax Vision technology provides complete picture of vessel operations, activites

3 weeks ago DieselGasoil Comments Off on Fueltrax Vision technology provides complete picture of vessel operations, activites
4/2/2019 HOUSTON — Swire Pacific Offshore, a marine services conglomerate and a leading service provider to the offshore oil and gas industry currently operates six vessels with Fueltrax on board, two of which have been installed with the latest Fueltrax Vision technology. The two systems have been preforming without disruption since December 2018.   Fueltrax is Read More

Atlas Oranto Petroleum, partners to invest $350 million in Equatorial Guinea

3 weeks ago DieselGasoil Comments Off on Atlas Oranto Petroleum, partners to invest $350 million in Equatorial Guinea
4/1/2019 Equitorial Guinea, West Africa. Map: Oranto Petroleum. LONDON — Following the signing of definitive agreements for the monetization of gas from Equatorial Guinea’s Alen Unit, pan-African oil and gas exploration and production company, Atlas Oranto Petroleum is planning to make a significant investment into the country’s backfill project. With its partners in Block O Read More

Atlas Oranto Petroleum, partner to invest $350 million in Equatorial Guinea

3 weeks ago DieselGasoil Comments Off on Atlas Oranto Petroleum, partner to invest $350 million in Equatorial Guinea
4/1/2019 Equitorial Guinea, West Africa. Map: Oranto Petroleum. LONDON — Following the signing of definitive agreements for the monetization of gas from Equatorial Guinea’s Alen Unit, pan-African oil and gas exploration and production company, Atlas Oranto Petroleum is planning to make a significant investment into the country’s backfill project. With its partners in Block O Read More

South Africa Eyes Oil Deal With South Sudan

4 weeks ago DieselGasoil Comments Off on South Africa Eyes Oil Deal With South Sudan
South Africa is negotiating an oil deal with South Sudan, Energy Minister Jeff Radebe told media following reports that South Africa was in talks to build a US$1-billion Refinery in Africa’s newest country. Radebe said the negotiations with South Sudan were not exclusive: Cape Town was seeking to reduce its exposure to the highly volatile Read More

VAALCO Energy, Inc. Provides Operational Update

4 weeks ago DieselGasoil Comments Off on VAALCO Energy, Inc. Provides Operational Update
HOUSTON, March 28, 2019 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY) (“VAALCO” or “the Company”) today announced that a workers’ strike occurred on the third party owned and operated Floating Production, Storage and Offloading vessel (FPSO) that VAALCO and its joint interest owners utilize to collect and store all production from the Etame Marin Read More

Vaalco Energy, Inc. Announces Changes in Company Leadership

1 month ago DieselGasoil Comments Off on Vaalco Energy, Inc. Announces Changes in Company Leadership
HOUSTON, March 22, 2019 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY) today announced that Phil Patman, VAALCO’s Chief Financial Officer, has elected to resign from the Company, effective March 31, 2019, to pursue other interests. Elizabeth Prochnow, the Company’s Chief Accounting Officer, has been appointed by the Board to the role of Chief Financial Read More