Cluff Natural Resources Chairman to Step Down from CEO Role
Cluff Natural Resources chairman and CEO, Algy Cluff, will step down as CEO.
Source: Offshore
Cluff Natural Resources Chairman to Step Down from CEO Role
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BP, Kosmos Move Closer To Senegal And Mauritania Offshore Project
BP and Kosmos Energy move closer to approving development of the Tortue natural gas field offshore Mauritania and Senegal after the two West African countries agreed to split production.
Source: Offshore
BP, Kosmos Move Closer To Senegal And Mauritania Offshore Project
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Standoff In High Seas As Cyprus Says Turkey Blocks Gas Drill Ship
Cyprus accuses the Turkish military of obstructing a ship contracted by Italian oil company Eni.
Source: Offshore
Standoff In High Seas As Cyprus Says Turkey Blocks Gas Drill Ship
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Low US Natgas Stocks, Pipe Delays May Hamper Exports To Mexico
Unusually low US natural gas inventories and delays in new cross-border pipeline capacity could slow exports this year to Mexico.
Source: Offshore
Low US Natgas Stocks, Pipe Delays May Hamper Exports To Mexico
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Oil Prices Settle Flat, Steady After A Week Of Losses
Crude markets began to steady, settling little changed on the day.
Source: Offshore
Oil Prices Settle Flat, Steady After A Week Of Losses
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Faroe Petroleum Agrees to Sell Stake in Norwegian Sea Development
Faroe Petroleum plc to sell part of its stake in the Norwegian Sea’s Fenja development to Suncor Energy Norge AS.
Source: Offshore
Faroe Petroleum Agrees to Sell Stake in Norwegian Sea Development
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AfDB approves US$11.55mn loan to support African Local Currency Bond Fund
The African Development Bank (AfDB) has approved US$11.55mn loan to the African Local Currency Bond Fund (ALCB Fund), aiming to enhance the fund’s portfolio and promote the development of domestic capital markets across the continent
Source: African Review
AfDB approves US.55mn loan to support African Local Currency Bond Fund
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Fred. Olsen Energy Talking To Lenders Over Some Financial Commitments
Rig firm Fred. Olsen Energy is in discussions with its creditors about some of its financial commitments.
Source: Offshore
Fred. Olsen Energy Talking To Lenders Over Some Financial Commitments
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New Subsea Technology Could Generate Additional $4B From UKCS
Developing new subsea technology and approaches to field developments could help unlock 400 million additional barrels of oil and gas and generate $4.17 billion of additional value.
Source: Offshore
New Subsea Technology Could Generate Additional B From UKCS
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Shell's Cougar Platform Becomes Artificial Reef
The Cougar platform in the Gulf of Mexico has become an artificial reef, after safely producing more than 31 million barrels of oil equivalent over a span of nearly two decades.
Source: Offshore
Shell's Cougar Platform Becomes Artificial Reef
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