Chaparral Energy closes $170M EOR asset sale

November 22, 2017 0

Oklahoma City, Okla.-based Chaparral Energy has closed the $170 million sale of its North Burbank (Oklahoma) and Texas Panhandle enhanced oil recovery (EOR) assets to privately-held Perdure Petroleum.

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INEOS buys majority stakes in two UK gas licenses

November 22, 2017 0

UK-based petrochemical group INEOS announced on Tuesday a farm-in agreement with Siccar Point Energy purchasing majority stakes at two exploration licenses in the Northern Gas Fields West of Shetland cluster, Kallanish Energy reports.

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BP, Serica announce $397 million deal in North Sea

November 22, 2017 0

British oil major BP announced on Tuesday it’s selling a package of its interests in the Bruce assets in the North Sea to London-based Serica Energy for a total of £300 million ($397.3 million), Kallanish Energy reports.

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Trafigura to develop second LNG import terminal in Pakistan

November 22, 2017 0

Commodity trading firm Trafigura will invest in a second liquefied natural gas (LNG) floating storage and regasification (FSRU) import terminal in Pakistan, as growing demand in the country is expected to lead to a 19 million tonnes per annum (MTPA) LNG supply shortage.

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