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OMV completes sale of Tunisian oil field

2017-08-04 01:00:00| Offshore Technology

Austria-based OMV has closed the sale of its 50% stake in the offshore Ashtart oil field located in the Gulf of Gabes, Tunisia, to oil and gas company Perenco.

Tags: sale field oil completes

 

Oil prices fall as high OPEC supplies negate drop in US inventory

2017-08-03 01:00:00| Offshore Technology

Oil prices have slipped due to persistent high supplies from Organization of the Petroleum Exporting Countries (OPEC) producers.

Tags: us high prices fall

 
 

Expro receives well abandonment contract for Maersk Oil in UK North Sea

2017-08-03 01:00:00| Offshore Technology

Oilfield services company Expro has secured a contract from Maersk Oil to provide subsea and well test services on two offshore units located in the North Sea.

Tags: north sea contract oil

 

American Patriot acquires oil and gas assets in South Texas, US

2017-08-02 01:00:00| Hydrocarbons Technology

American Patriot Oil and Gas has acquired assets in South Texas with aggregate proven reserves of 285 barrels of oil equivalent per day (boepd)/900,000 barrels.

Tags: us south american texas

 

MMEX Resources acquires land for new oil refinery in Texas, US

2017-08-02 01:00:00| Hydrocarbons Technology

US-based development-stage company MMEX Resources has acquired 126 acres in Pecos County, Texas, for the construction of an oil refinery.

Tags: us resources land texas

 

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