OilWire

Oil and Gas News, Analysis and Resources

[oilwire-blog]

OPL 245 - Italian prosecutors have asked for Eni CEO to stand trial

OPL 245 – Italian prosecutors have asked for Eni CEO to stand trial

Around $800 MM of the $1.1 BN paid by Eni and Shell was controversially transferred to Malabu accounts. OPL 245, considered the largest oil block in Africa with over 9 BN barrels of crude, has been a subject of investigations in at least five different countries. Italian prosecutors have asked for Claudio Descalzo, CEO of state-controlled oil major Eni, Claudio Descalzi, to stand trial over…

View On WordPress

[oilwire-blog]

DONG Energy divests Oil and Gas activities in 2017

DONG Energy divests Oil and Gas activities

DONG Energy announced that the company has initiated a process with the ultimate aim of divesting its activities within exploration and production of oil and gas and continue operations in the remaining business units – Wind Power, Bio-energy & Thermal Power and Distribution and Customer Solutions. The activities are expected to be sold before the end of 2017, and the Oil & Gas segment is…

View On WordPress

[oilwire-blog]

[ENI] starts production of the East Hub Development Project in Angola 15/06 Deep Offshore Block

[ENI] starts production of the East Hub Development Project in Angola 15/06 Deep Offshore Block

Armada Olombendo FPSO puts Cabaça South East field into production with 9 wells and 4 manifolds at a water depth of 450 meters Block 15/06 to reach a peak of 150,000 barrels of oil per day this year. Eni reported that it has started production of the East Hub Development Project, in Angola 15/06 deep offshore block. Production is taking place through the Armada Olombendo FPSO vessel. The vessel…

View On WordPress

[oilwire-blog]

INA to analyze options for sustainable operations at Sisak

INA to analyze options for sustainable operations at Sisak

INA selected Deloitte to identify options for a sustainable business operation at Sisak site Project will involved INA’s experts and through consultations with trade unions, with all key stakeholders will be invited to contribute with their proposals In cooperation with Deloitte, INA has launched the project of identification and analysis of strategic options for sustainable business operations…

View On WordPress

[oilwire-blog]

OMV signs MoU with Iranian Dana Energy

OMV signs MoU with Iranian Dana Energy

OMV and Dana Energy Company, a leading Iranian company targeting oil and gas upstream field development activities, signed a Memorandum of Understanding, and agreed to evaluate possible upcoming development and re-development projects in the Iranian oil and gas industry. The document was signed in Vienna by S. Mostafa Khoee, Dana Energy Board Member and Upstream President, and Johann Pleininger,…

View On WordPress

[oilwire-blog]

[OMV] Completes divestment of OMV U.K. Limited

[OMV] Completes divestment of OMV U.K. Limited

OMV’s production in Libya is expected to reach 10,000 bbl/d on average in 2017 OMV increased its stake in four Exploration and Production Sharing Agreements in the Sirte Basin and strengthened the partnership with the National Oil Corporation (NOC) Given the improvement in the political and security situation in Libya, OMV successfully started up production in both the Sirte and Sharara oil…

View On WordPress

[oilwire-blog]

[OMV] completes divestment of OMV U.K. Limited to Siccar

[OMV] completes divestment of OMV U.K. Limited to Siccar

OMV closed the sale of OMV (U.K.) Limited to Siccar Point Energy Limited following a closing payment of $870 MM. OMV UK has interests in 22 licenses at various stages of production, development, appraisal and exploration. The Company announced that it had closed the sale of 100% of the shares in its wholly owned subsidiary OMV (U.K.) Limited to Siccar Point Energy Limited, Aberdeen, following the…

View On WordPress

[oilwire-blog]

[OMV] in Libya: Production restarted, Operations expanded

[OMV] in Libya: Production restarted, Operations expanded

OMV’s production in Libya is expected to reach 10,000 bbl/d on average in 2017 OMV increased its stake in four Exploration and Production Sharing Agreements in the Sirte Basin and strengthened the partnership with the National Oil Corporation (NOC) Given the improvement in the political and security situation in Libya, OMV successfully started up production in both the Sirte and Sharara oil…

View On WordPress

[oilwire-blog]

The Hottest Hairstyle at Fashion Week Is Not on the Runways

The Hottest Hairstyle at Fashion Week Is Not on the Runways

All right. Well, take care yourself. I guess that’s what you’re best, presence old master? A tremor in the Force. The last time felt it was in the presence of my old master. I have traced the Rebel spies to her.

Remember, a Jedi can feel the Force flowing through him. I can’t get involved! I’ve got work to do! It’s not that I like the Empire, I hate it, but there’s nothing I can do about it right…

View On WordPress

[oilwire-blog]

Day 3 of Spring 2016 New York Fashion Week's most inspiring

Day 3 of Spring 2016 New York Fashion Week’s most inspiring

All right. Well, take care yourself. I guess that’s what you’re best, presence old master? A tremor in the Force. The last time felt it was in the presence of my old master. I have traced the Rebel spies to her.

Remember, a Jedi can feel the Force flowing through him. I can’t get involved! I’ve got work to do! It’s not that I like the Empire, I hate it, but there’s nothing I can do about it right…

View On WordPress

[oilwire-blog]

Margaret Cho Designs Solitaire Jumpsuit For Betabrand

Margaret Cho Designs Solitaire Jumpsuit For Betabrand

All right. Well, take care yourself. I guess that’s what you’re best, presence old master? A tremor in the Force. The last time felt it was in the presence of my old master. I have traced the Rebel spies to her.

Remember, a Jedi can feel the Force flowing through him. I can’t get involved! I’ve got work to do! It’s not that I like the Empire, I hate it, but there’s nothing I can do about it right…

View On WordPress

[oilwire-blog]

Lenovo Introduces Its Best Entertainment Tablets Yet

Lenovo Introduces Its Best Entertainment Tablets Yet

All right. Well, take care yourself. I guess that’s what you’re best, presence old master? A tremor in the Force. The last time felt it was in the presence of my old master. I have traced the Rebel spies to her.

Remember, a Jedi can feel the Force flowing through him. I can’t get involved! I’ve got work to do! It’s not that I like the Empire, I hate it, but there’s nothing I can do about it right…

View On WordPress

[oilwire-blog]

Apple TV is finally changing the living room

Apple TV is finally changing the living room

All right. Well, take care yourself. I guess that’s what you’re best, presence old master? A tremor in the Force. The last time felt it was in the presence of my old master. I have traced the Rebel spies to her.

Remember, a Jedi can feel the Force flowing through him. I can’t get involved! I’ve got work to do! It’s not that I like the Empire, I hate it, but there’s nothing I can do about it right…

View On WordPress

[oilwire-blog]

How Grand Theft Auto hijacked the entertainment industry

How Grand Theft Auto hijacked the entertainment industry

All right. Well, take care yourself. I guess that’s what you’re best, presence old master? A tremor in the Force. The last time felt it was in the presence of my old master. I have traced the Rebel spies to her.

Remember, a Jedi can feel the Force flowing through him. I can’t get involved! I’ve got work to do! It’s not that I like the Empire, I hate it, but there’s nothing I can do about it right…

View On WordPress

[oilwire-blog]

Village Roadshow Entertainment Secures $480 Million

Village Roadshow Entertainment Secures $480 Million

All right. Well, take care yourself. I guess that’s what you’re best, presence old master? A tremor in the Force. The last time felt it was in the presence of my old master. I have traced the Rebel spies to her.

Remember, a Jedi can feel the Force flowing through him. I can’t get involved! I’ve got work to do! It’s not that I like the Empire, I hate it, but there’s nothing I can do about it right…

View On WordPress

[oilwire-blog]

Entertainment buzz: Taylor Swift gets an Emmy

Entertainment buzz: Taylor Swift gets an Emmy

All right. Well, take care yourself. I guess that’s what you’re best, presence old master? A tremor in the Force. The last time felt it was in the presence of my old master. I have traced the Rebel spies to her.

Remember, a Jedi can feel the Force flowing through him. I can’t get involved! I’ve got work to do! It’s not that I like the Empire, I hate it, but there’s nothing I can do about it right…

View On WordPress

[oilwire-blog]

The Hottest Wearable Tech and Smart Gadgets of 2016

The Hottest Wearable Tech and Smart Gadgets of 2016

All right. Well, take care yourself. I guess that’s what you’re best, presence old master? A tremor in the Force. The last time felt it was in the presence of my old master. I have traced the Rebel spies to her.

Remember, a Jedi can feel the Force flowing through him. I can’t get involved! I’ve got work to do! It’s not that I like the Empire, I hate it, but there’s nothing I can do about it right…

View On WordPress