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Report: August 2017 oil and gas contract activity prominent in downstream sector

2017-09-15 01:00:00| Hydrocarbons Technology

Guangdong Electrical Design Institutes engineering, procurement and construction (EPC) contract worth $3.58bn, as well as other major contracts, made the downstream sector prominent within oil and gas contract activity in August, according to a repo

Tags: report august activity contract

 

Oil prices steady after strong gains due to higher demand forecast

2017-09-14 01:00:00| Offshore Technology

Oil prices have remained steady following significant gains in the earlier session after the International Energy Agency (IEA) predicted stronger demand.

Tags: due prices strong higher

 
 

Viking Energy acquires working interests in US oil and gas assets

2017-09-14 01:00:00| Hydrocarbons Technology

Exploration and production company Viking Energy Group has acquired additional working interests in multiple oil and gas assets located in Eastern Kansas, US, through a wholly owned subsidiary, Mid-Con Drilling.

Tags: working energy gas interests

 

Premier Oil to offload interests in UKs Wytch Farm field for $200m

2017-09-13 01:00:00| Hydrocarbons Technology

Premier Oil has signed an agreement to divest its entire 33.8% interest in the Wytch Farm field, located in Dorset, UK, to Verus Petroleum SNS for $200m.

Tags: field premier interests oil

 

Oil prices decline as US crude stocks soar

2017-09-13 01:00:00| Offshore Technology

Oil prices have slipped on the reports of a significant increase in US crude inventories despite holding some gains of the previous trading session after OPEC predicted higher demand next year.

Tags: prices oil stocks decline

 

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