Eni discovers a supergiant gas field in the Egyptian offshore, the largest ever found in the Mediterranean Sea

Eni discovers a supergiant gas field in the Egyptian offshore, the largest ever found in the Mediterranean Sea

Posted by Matt Beauchamp September 1, 2015


Source: Oil and Gas Eurasia August 31, 2015 Eni has made a world class supergiant gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery well Zohr 1X NFW is located in the economic waters of Egypt’s Offshore Mediterranean, in 4,757 feet of water depth (1,450 metres), in the Shorouk Block, signed in January 2014 with the Egyptian Ministry of Petroleum and the Egyptian Natural Gas Holding Company (EGAS) following a competitive international Bid Round. According… More

Get face-to-face with technology revolutionizing the oil sands sector

Get face-to-face with technology revolutionizing the oil sands sector

Posted by Matt Beauchamp August 31, 2015


For more than 160 years technology and innovation have been at the forefront of moving the oil and gas industry forward. Advancements in technology have cut costs and increased profits in boom and bust economies alike. As the business gateway for the oil sands community the Oil Sands Tradeshow and Conference is the leader in gathering the companies pioneering oil and gas technology in the heart of the Canadian oil sands, Fort McMurray. Who is exhibiting? AGAT Laboratories Canadian Dewatering… More

Registration now open for Peru Oil and Gas Congress

Registration now open for Peru Oil and Gas Congress

Posted by Matt Beauchamp August 28, 2015


As investment opportunities become available, and an open-door policy allows operators and service companies from around the world to do business freely, the benefits for the industry as a whole are limitless. Registration is now open for Perú Oil & Gas Congress. Bringing together international leaders, energy policy makers and key organizations, Perú Oil & Gas Congress will allow for the creation of international dialogue, sharing and collaboration of ideas, and exposure to technology, expertise and planning required for the… More

Schlumberger to buy Cameron in $12.7b deal

Schlumberger to buy Cameron in $12.7b deal

Posted by Matt Beauchamp August 27, 2015


Source: Oil & Gas Eurasia August 27, 2015 Schlumberger is buying Cameron in a cash-and-stock deal valued at about $12.71 billion that would create an oilfield equipment and service powerhouse. Cameron International Corp shareholders will receive 0.716 shares of Schlumberger common stock and a cash payment of $14.44 for each of their shares. That equates to a value of $66.36 per Cameron share. That’s a 56 per cent premium to the Houston company’s Tuesday closing price of $42.47. Schlumberger and… More

Short course provides latest in cost optimization

Short course provides latest in cost optimization

Posted by Matt Beauchamp August 26, 2015


Register now to take part in the Integrated Heavy Oil Reservoir Management Short Course, led by Dr. Ganesh Thakur, one of the top thought leaders in reservoir engineering in the world. This exciting program will take place at this year’s Heavy Oil Latin America Conference & Exhibition in Bogota, Colombia. As the industry prepares for the rebound, it’s imperative to stay up to date with the latest knowledge and technology in cost optimization. Join Dr. Thakur in this top-class short… More

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