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Oil & Gas UK updates contract bidding guidelines

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Posted by admin 17 days ago (http://feedproxy.google.com)
Oil & Gas UK has released Edition 3 of its Standard Contract for Services (On and Offshore).

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Israel revises deepwater Leviathan gas field lease terms

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Posted by admin 17 days ago (http://feedproxy.google.com)
Delek Group says Israel’s government has granted two title deeds in lieu of offshore licenses 349/Rachel and 350/Amit licenses.

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Exxaro has cause to rethink $20bn target

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Posted by admin 17 days ago (http://www.miningmx.com)
Exxaro Resources is now worth a little under $5bn when once it targeted growth to $20bn. Is the company re-setting its sights amid a commodity climb-down...?

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Mart Shares to Trade on TSX

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Posted by admin 17 days ago (http://www.petroleumafrica.com)
Mart Resources’ common shares will commence trading on the TSX at the opening of trading on April 2. The company’s common shares will continue to trade under the trading symbol MMT. Mart’s common shares will be delisted from the TSX Venture Exchange concurrent to the commencement of trading on the TSX. The company said that […]

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GE and PETRONAS Sign New Global Frame Agreement

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Posted by admin 17 days ago (http://www.petroleumafrica.com)
Release March 31, 2014 New Seven-Year Agreement Strengthens Commitment to Malaysia’s Growing Energy Sector PETRONAS Awards Long-Term Service Agreement to GE-SapuraKencana Joint Venture KUALA LUMPUR, MALAYSIA—March 31, 2014—GE (NYSE: GE) has signed a new seven-year Global Frame Agreement with PETRONAS, Malaysia’s leading oil and gas corporation. The agreement, which includes an option to renew for

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ENI Awards FPSO Services Contract for Angola

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Posted by admin 17 days ago (http://www.petroleumafrica.com)
Bumi Armada Berhad, a Malaysia-based international offshore oilfield services provider, has received a Letter of Intent (LoI) from ENI Angola, a wholly-owned subsidiary of ENI S.p.A. The LoI confirms ENI Angola’s its intention to award a contract for the chartering, operation and maintenance of a floating production, storage and offloading vessel to a consortium of […]

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OER’s Buy of ConocoPhillips in Nigeria Extended

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Posted by admin 17 days ago (http://www.petroleumafrica.com)
Oando Energy Resources (OER), through an amended agreement with ConocoPhillips, saw the date of completion of its proposed acquisition of ConocoPhillip’s upstream assets in Nigeria extended to April 30. Pursuant to an amendment agreement executed on March 27, OER and ConocoPhillips agreed to extend the outside date for completion from March 31 until April 30 […]

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Atlatsa closes 2-year restructure on high

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Posted by admin 17 days ago (http://www.miningmx.com)
Two years later, Atlatsa Resources shows signs of an operational turnaround registering a $40m turnaround in free cash from its Bokoni Platinum Mines.

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