Oil and gas operators in the central US show growing optimism in a survey by the Federal Reserve Bank of Kansas City. Source: News
Oil production restarts from Maari field offshore New Zealand
OMV Group’s Maari oil field in the Taranaki basin offshore New Zealand’s north island is being progressively brought back on stream this week. Source: News
Sanchez, Blackstone team to buy Eagle Ford acreage from Anadarko for $2.3 billion
Sanchez Energy Corp., Houston, and funds managed by private equity firm Blackstone Energy Partners LP have entered a 50-50 partnership and agreed to acquire working interest in 318,000 gross operated acres in the western Eagle Ford shale of South Texas from Anadarko Petroleum Corp., The Woodlands, Tex., for $2.3 billion. Source: News
Contract let for Mad Dog Phase 2 floating production platform
Samsung Heavy Industries Co. Ltd. reported being awarded an order to build a floating production platform for the Mad Dog Phase 2 project in the Gulf of Mexico. Source: News
MARKET WATCH: NYMEX, Brent prices gain on reported Saudi production cut
Oil prices rose on both the New York and London markets Jan. 12 following reports that Saudi Arabia has cut production by more than it had previously agreed. Source: News
Energean opts for FPSO scheme for Karish, Tanin fields off Israel
Energean Oil & Gas SA, Athens, has followed its August 2016 commitment to develop deepwater Karish and Tanin natural gas and condensate fields offshore Isreal. It announced a development plan using a floating production, storage, and offloading vessel. Source: News
ExxonMobil unit finds more oil offshore Guyana
Esso Exploration & Production Guyana Ltd. (EEPGL) encountered more than 95 ft of oil-bearing sandstone in its Payara-1 well, which was drilled about 10 miles northwest of the Liza-1 discovery. Source: News
Sauber named Marathon Petroleum VP of human resources, labor relations
Dave Sauber will join Marathon Petroleum Corp. as vice-president of human resources and labor relations, effective Feb. 1. Source: News
Sweeney joins Akin Gump energy practice
David H. Sweeney has joined Akin Gump as a partner in the law firm’s energy practice in Houston. Source: News
API: Keep NAAQS implementation to one set of ozone limits at a time
The American Petroleum Institute urged the US Environmental Protection Agency to limit ground-level ozone controls implementation to one set of requirements at a time so that the Clean Air Act’s requirement to “insure that economic growth will occur in a manner consistent with the preservation of existing clean air resources” will be met. Source: […]