Roberto Abraham Scaruffi

Friday 6 March 2015

Energy Voice
6 March 2015
 

   
 

BP finalises deal to develop Egypt's West Nile Delta gas fields

BP
BP has signed the final agreements of the West Nile Delta project, which has an estimated investment of $12billion. The project is set to develop 5 trillion cubic feet of gas resources and 55 million barrels of condensates
 
  
   
   
 

Weir Group sees stocks boosted

weir
Oil and Gas services firm Weir rose by nearly 5% amid speculation it could be the subject of a break-up bid from a US private equity firm. The stock, which has hit turbulence in recent months due to the fall in oil prices, was 85
 
  
   
   
 

BP postpones work on Sullom Voe gas plant for up to five months

Sullom Voe terminal
Oil major BP has postponed construction of its £500million gas sweetening plant for up to five months. The company said the decision was triggered by the low oil price over the past six months
 
  
   
   
 

Survivex aims to grow global arm of business

Survivex aims to grow global arm of business
Offshore training provider Survivex has appointed a business development director as it looks to attract international clients in “difficult times for the sector”
 
  
   
   
 

Hunting reveals record annual results

Hunting has revealed record results
An energy service firm shrugged off the oil and gas industry downturn yesterday, reporting record annual results. The company posted an 8% rise in underlying pre-tax profits to £139
 
  
   
   
 

Mexico aims to tap into North Sea oil success

President Enrique Peña Nieto of Mexico
The President of Mexico said his country was keen to learn from the expertise of the North Sea oil and gas industry on a trip to Aberdeen yesterday. A heavy police presence, a civic reception and some of the country’s top politicians greeted Enrique Pena Nieto in what was his only commitment outwith London during his stay in the UK
 
  
   
   
 

Tullow and partners to invest $14 Billion in Uganda oil fields

London-listed Tullow Oil drilling in Uganda
Tullow Oil Plc, Total SA and Cnooc Ltd. are set to invest almost $14 billion developing oil fields in Uganda, according to Jimmy Mugerwa, general manager of Tullow’s operations there
 
  
   
   
 

Pemex loses bid to recover stolen gas proceeds from Shell, BASF

Pemex Exploracion y Produccion can’t recover hundreds of millions of dollars lost on Mexican condensate smuggled across the Texas border by bandits and sold to Shell Chemical LP, ConocoPhillips Co
 
  
   
   
 

Opinion: Reaping rewards from standardised ways of working

North Sea platform
Since the days of Henry Ford and the beginning of mass production, the benefits of ‘standardisation’ have been widely promoted and publicised. The automotive industry spear-headed standardisation and, with it, transformed manufacturing practice forever
 
  
   
   
 

Gallery: This week's top five stories

Industry news
This week's most popular story was the assertion from oil and gas expert Alan Kennedy, of professional services firm KPMG, that the current downturn in the industry