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Sercel extends boundaries of well exploration with SigmaWave

3 days ago DieselGasoil Comments Off on Sercel extends boundaries of well exploration with SigmaWave
3/20/2019 Photo: Sercel. HOUSTON — Sercel has announced the launch of its first distributed acoustic sensing (DAS) seismic solution, SigmaWave. Designed in partnership with Fotech Solutions, SigmaWave is the first integrated distributed acoustic solution designed exclusively for borehole seismic applications and reinforces Sercel’s advanced range of downhole seismic acquisition systems. SigmaWave is fully integrated with Read More

CGG: Sercel Extends Boundaries of Well Exploration with SigmaWave, its First DAS Seismic Solution

3 days ago DieselGasoil Comments Off on CGG: Sercel Extends Boundaries of Well Exploration with SigmaWave, its First DAS Seismic Solution
Sercel Extends Boundaries of Well Exploration with SigmaWave, its First DAS Seismic Solution Paris, France – March 20, 2019 CGG announced today that Sercel has launched its first distributed acoustic sensing (DAS) seismic solution: SigmaWave. Designed in partnership with Fotech Solutions, SigmaWave is the first integrated distributed acoustic solution designed exclusively for borehole seismic applications. Read More

BW Offshore: Agreement with Gabon Oil Company for farm-in in the Dussafu license

4 days ago DieselGasoil Comments Off on BW Offshore: Agreement with Gabon Oil Company for farm-in in the Dussafu license
(With reference to stock exchange releases dated 10 April 2017 and 28 April 2017) BW Energy Gabon SA (“BWE”), a subsidiary of BW Offshore and the operator of the Dussafu license, has today entered into an agreement with Gabon Oil Company (GOC) for the acquisition of a 10% interest in the Dussafu production sharing contract. Read More

Questerre reports over 60% increase in reserves

4 days ago DieselGasoil Comments Off on Questerre reports over 60% increase in reserves
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, March 19, 2019 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on the results of its December 31, 2018 Reserves Assessment and Evaluation of its Read More

ADNOC awards Japan's INPEX onshore exploration concession in block bid round

5 days ago DieselGasoil Comments Off on ADNOC awards Japan's INPEX onshore exploration concession in block bid round
3/18/2019 Takayuki Ueda, president and CEO, INPEX Corporation and His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO. ABU DHABI — The Abu Dhabi National Oil Company (ADNOC) signed an agreement, awarding the exploration rights for Abu Dhabi Onshore Block 4 to Japan’s INPEX Corporation. A wholly-owned INPEX subsidiary, Read More

California declared totally drought free for first time in seven years

1 week ago DieselGasoil Comments Off on California declared totally drought free for first time in seven years
LOS ANGELES (Reuters) – California was declared totally drought free for the first time in more than seven years on Thursday, following unusually abundant winter rains and snowfall statewide, according to the government’s weekly report on U.S. drought conditions. FILE PHOTO: Dried grass is pictured at a vista point near Woodside, California July 22, 2014. Read More

Zargon Oil & Gas Ltd. Provides 2018 Fourth Quarter and Full Year Financial Results

1 week ago DieselGasoil Comments Off on Zargon Oil & Gas Ltd. Provides 2018 Fourth Quarter and Full Year Financial Results
CALGARY, Alberta, March 14, 2019 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) has released its 2018 fourth quarter and full year financial results. Highlights from the fourth quarter and year ended Dec. 31, 2018 are provided below: HIGHLIGHTS FROM THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2018 For Read More

Oil's big reset: Energy majors learn to thrive after price crash

2 weeks ago DieselGasoil Comments Off on Oil's big reset: Energy majors learn to thrive after price crash
By Javier Blas on 3/10/2019 LONDON (Bloomberg) — When OPEC started an oil-price war in late 2014, most people believed U.S. shale was doomed. In reality, the giant oil majors suffered most — burdened by expensive mega-projects, Chevron Corp., BP Plc and the rest struggled to adapt to the fall in energy prices. Slowly, those Read More

BW Offshore: Acquisition of Maromba field offshore Brazil

2 weeks ago DieselGasoil Comments Off on BW Offshore: Acquisition of Maromba field offshore Brazil
BW Offshore has entered into an agreement to acquire 70% of the Maromba field offshore Brazil for a total acquisition cost of USD 90 million from Petrobras. Closing of the acquisition is subject to fulfilment or waiver of conditions precedents, including approval by The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) to Read More