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CGG Secures 3D Seismic Contract for WA’s Offshore Permit WA-503-P

October 31, 2014 By: RigZone Category: O&G News

CGG secures 3D seismic contract from Neon Energy for exploration permit WA-503-P offshore Western Australia.

Sinopec Eyes Shale Boost, Debt Reduction with $17.5B Stake-Sale Cash

October 31, 2014 By: RigZone Category: O&G News

Asia's largest oil refiner Sinopec aims to use part of $17.5 billion in proceeds from a stake sale to boost shale gas production and lower debt.

Centrica Continues Boardroom Reshuffle with New British Gas Head

October 31, 2014 By: RigZone Category: O&G News

Centrica is to promote its current managing director of British Gas residential energy to head its entire British Gas business.

Songa Completes $1.1B Loan Deal to Finance Rigs

October 31, 2014 By: RigZone Category: O&G News

Songa Offshore says it has completed the signing of a $1.1 billion credit facility to finance its last two Category D drilling rigs.

FEEC Further Extends Maturity Date of Loan Facility with SCB

October 31, 2014 By: RigZone Category: O&G News

Far East Energy Corp., operator of Shouyang coalbed methane block in China's Shanxi province, further extends the maturity date of its existing loan facility with Standard Chartered Bank.

Baker Hughes Launches SeismicTrak

October 31, 2014 By: RigZone Category: O&G News

Oilfield services firm Baker Hughes launches its SeismicTrak seismic-while-drilling service.

Enhanced Oil Recovery: Prospects for Thermal EOR

October 31, 2014 By: RigZone Category: O&G News

In its final article focused on enhanced oil recovery, research firm Visiongain looks at where thermal EOR is likely be used in the future.

Marriage of Analytics, Engineering First Principles Needed in Oil and Gas

October 31, 2014 By: RigZone Category: O&G News

The oil and gas industry needs a marriage of data-driven analytics and the first principles concept of engineering, an industry expert and author tells Rigzone.

Wood Mackenzie: Thailand’s Upstream Outlook at Risk from Fiscal Reforms

October 31, 2014 By: RigZone Category: O&G News

Wood Mackenzie discusses how the calls for tougher fiscal policies in Thailand may risk future exploration activity in the country.

Total’s New boss Says Europe Must Fight Export Ban US Oil

October 31, 2014 By: RigZone Category: O&G News

Total's new CEO says the US oil export ban flouts free-trade agreements and puts European and Asian refiners at a disadvantage.

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    “Crude oil may be considered light if it has low density or heavy if it has high density; and it may be referred to as sweet if it contains relatively little sulfur or sour if it contains substantial amounts of sulfur.”
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