Image - Fluor Partnership Wins Natural Gas Development Contract

Fluor Partnership Wins Natural Gas Development Contract

Fluor Corporation announced that its CFPS Engenharia e Projetos, S.A., consortium with Construcap Engenharia e Comercio was awarded an engineering and design contract by exploration and production company Parnaiba Gas Natural (PGN) for a natural gas field development project in the Parnaiba Basin in Maranhao state in Brazil. PGN is Brazil's leading private gas exploration and production company with a number of concessions in the region. Fluor bo...

Natural Gas & LNG - Feb 25, 2015


Image - Tax Cuts Likely for North Sea Oil

Tax Cuts Likely for North Sea Oil

While the UK government is likely to implement changes to the fiscal regime governing North Sea oil that will reduce the tax burden, the outlook for the country's shale sector is less favorable to the industry. The company's latest report, now available on ASDReports, states that UK chancellor George Osborne has indicated that he will introduce new tax breaks for the oil industry in the March 2015 budget, and the government may be able to legi...

Oil and Gas - Feb 16, 2015


Image - Pacific Energy Development Announces Entry

Pacific Energy Development Announces Entry

Pacific Energy Development, an energy company engaged in the acquisition and development of strategic, high-growth energy projects in the United States, today announced entry into three major agreements that strengthens the Company for long-term success and growth. The following summarizes these agreements: Acquired approximately 13,000 net D-J Basin acres and interests in 53 gross wells, producing approximately 500 BOE/D from Golden Globe ...

Oil and Gas - Feb 24, 2015




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