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Sound Energy receives funding proposal to develop Tendrara gas field

2017-09-05 01:00:00| Hydrocarbons Technology

UK-based upstream gas company Sound Energy has received an indicative non-binding commercial proposal from Advisory & Finance Group Investment Bank (AFG) for up to $100m to fund a key facility to develop the Tendrara gas field in Eastern Morocco.

Tags: field sound energy develop

Ophir Oil Field Development

2017-09-01 01:00:00| Offshore Technology

Located offshore Peninsular Malaysia, Ophir is a marginal oil field being developed by Ophir Production, a joint venture of field operator Octanex with a 50% interest, Scomi Energy Services (30%) and PETRONAS subsidiary Vestigo Petroleum (20%).

Tags: development field oil oil field

Sir Philip Green sends legal warning to MP Frank Field over BHS pension deal

2017-08-31 23:05:02| BBC News | Business | UK Edition

The tycoon warns that the MP should read the lawyers' letter "very very carefully".

Tags: legal field green deal

KUFPEC to acquire 15% stake in Gina Krog field from Total for $317m

2017-08-31 01:00:00| Offshore Technology

Kuwait Foreign Petroleum Exploration Company's (KUFPEC) Norwegian subsidiary has signed a $317m agreement to acquire an additional 15% interest in the Gina Krog field from Total E&P Norge.

Tags: total field acquire stake