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Petroperu signs MOU with Ecuador's Petroamazonas

Thursday, 23 Jun 2016 09:50am EDT

Petroleos del Peru Petroperu SA : Said on Wednesday signed memorandum of understanding (MOU) to cooperate with Ecuador's Petroamazonas in the area of hydrocarbons .Says agreement is a result of cooperation between Peru and Ecuador and is aimed at exploring viability of exploration, transportation and distribution of crude oil from Pastaza province in Ecuador to Peru via North Peruvian Pipeline.

GOCL Corp unit bags order worth 1.28 bln rupees

Friday, 17 Jun 2016 03:26am EDT

GOCL Corp Ltd : Gocl corporation -unit idl explosives bagged an order worth inr 1.28 billion for a period of 2 years i.e. from 2016 to 2018 .

Itochu Enex jointly with Itochu Corp to develop LP gas selling business in Philippine

Thursday, 12 May 2016 10:37pm EDT

Itochu Enex Co Ltd <8133.T>: Says the co jointly with Itochu Corp <8001.T> to develop LP gas selling business in Philippine, through a newly established holding company . Says the co and Itochu Corp to hold 40 percent and 60 percent stake in the holding company . Says the holding company to acquire 40 percent stake in Isla Petroleum & Gas Corporation which is held by Itochu Corp .Says the other 60 percent stake in Isla Petroleum & Gas Corporation is held by the local partner company Isla Petroleum & Energy.

OMV AG completes drilling and testing of Wisting Central II appraisal well

Tuesday, 5 Apr 2016 08:00pm EDT

OMV AG:Successful drilling and testing of the Wisting Central II appraisal well.Wisting area potential is reconfirmed at 200-500 mn boe.

Jiangsu Gaoke Petrochemical receives patent license

Monday, 22 Feb 2016 07:00pm EST

Jiangsu Gaoke Petrochemical Co Ltd:Received a patent license (No. ZL 2013 1 0029531.9), for an alcohol ester type of environmental friendly lubricant base oil and related manufacturing method.Patent valid for 20 years.

Galp Energia SGPS SA announces confirmation of discovery of oil in the deepwaters of the Potiguar basin

Wednesday, 18 Nov 2015 02:22am EST

Galp Energia SGPS SA:Informs about the results obtained during the drilling of the Pitu North extension well which confirmed the discovery of oil in Pitu area (Block BM-POT-17) in the deepwaters of the Potiguar basin.The discovery of oil in Pitu was initially communicated to the market on Dec. 17, 2013.The well 3-BRSA-1317-RNS, informally known as Pitu North, is the first well located within the Evaluation Plan of Pitu, approximately 60 km from the coast of Rio Grande do Norte state, and at a water depth of 1,844 m, with total depth of 4,200 m.Galp Energia, through its subsidiary Petrogal Brasil, owns a 20 percent stake in the consortium that explores Block BMPOT-17, with the remaining stakes being held by the operator Petrobras (40 percent) and BP (40 percent).

GDF Suez says natural gas discovery made in southeast Algeria; license hold with Repsol - Reuters

Monday, 20 Apr 2015 03:15am EDT

GDF Suez SA:Says that gas had been discovered in region of southeast Algeria where it holds licence with partners - Reuters.Discovery made in Illizi basin, where the company holds 20 percent licence alongside operator Repsol with 52.5 pct and Enel with 27.5 pct.Sonatrach is to participate with 51 percent stake in development and productions phases.Successful test produced gas flow of 175,000 cubic meters per day.


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