A Pennsylvania state appeals court on Jan. 27 ruled that the Recorder of Deeds of Wayne County, did not have the authority to reject Chesapeake’s subsidiary’s attempt to combine 211 lease assignments into one document.
Total has launched the development of the $4.2B Hild field, subject to approval from the Norwegian government.
SandRidge Energy, Inc. has entered into an agreement to acquire Dynamic Offshore Resources, LLC for aggregate consideration of $1.275 billion.
ATP Oil & Gas Corp. has completed drilling the Mississippi Canyon 942 #2 well in the Gulf of Mexico at the Telemark Hub.
National Iranian Offshore Oil Co. (NIOOC) expects oil output from the Forouzan field in the Persian Gulf to rise by 20% over the next 14 months.
New Zealand Oil and Gas (NZOG) is aiming to drill the Kakapo prospect offshore New Zealand’s Taranaki basin.
Total has started development of the $4.2-billion Hild field in the Norwegian North Sea, although approval has yet to be issued by the Norwegian authorities.
Statoil has contracted Bergen Group Rosenberg to fabricate subsea structures for the Åsgard subsea compression project in the Norwegian Sea.
Iraq’s and Bahrain’s oil Companies have awarded Romanian Company Syscom18 two contracts 3 million EUR worth to provide fiscal skids for petroleum products. Syscom18 is one of the national leaders on the process control and automation market, company that provides worldwide integrated solutions and complex installations for the oil and gas industry.
The systems combine innovative technology with diagnostic software that can detect potential problems before they affect accuracy.
“Our teams of project managers and engineers are dedicated to understanding the latest standards and technologies to meet modern demands for oil metering. We deliver high accuracy metering, proving, master metering and calibration packages – it’s our business of system integrator. We are pleased that such a large project offered us the opportunity to expand Syscom18’s participation in the growth of Middle East oil development.”, said Ion Andronache, the CEO at Syscom18 Company.
Deliveries will be done this spring and the Syscom 18 experts will also provide the commissioning in location. Engineering work is already in progress.
Italian gas field now holds 2P recoverable reserves estimated at 31.2 billion cubic feet.
