Image - ExxonMobil Announces Significant Oil Discovery Offshore Guyana

ExxonMobil Announces Significant Oil Discovery Offshore Guyana

Exxon Mobil Corporation today announced a significant oil discovery on the Stabroek Block, located approximately 120 miles offshore Guyana. The well was drilled by ExxonMobil affiliate, Esso Exploration and Production Guyana Ltd., and encountered more than 295 feet (90 meters) of high-quality oil-bearing sandstone reservoirs. It was safely drilled to 17,825 feet (5,433 meters) in 5,719 feet (1,743 meters) of water. Stabroek Block is 6.6 millio...

Oil and Gas - May 20, 2015


Image - The Key Players in The Global DCS Market in the Oil and Gas Industry 2014-2018

The Key Players in The Global DCS Market in the Oil and Gas Industry 2014-2018

The new report recognizes the following companies as the key players in the Global DCS Market in the Oil and Gas Industry: ABB Ltd., Emerson Electric Co., Honeywell International Inc. and Siemens AG. Other Prominent Vendors in the market are: General Electric, Metso, Mitsubishi Heavy Industries, Omron, Rockwell Automation, Schneider Electric, Toshiba International and Yokogawa Electric. Commenting on the report, an analyst from the report's...

Oil and Gas - Apr 8, 2015


Image - Caspian Energy Closes its Acquisition of the Remainder of Aral Petroleum

Caspian Energy Closes its Acquisition of the Remainder of Aral Petroleum

Caspian Energy, is pleased to announce that it has completed its previously announced acquisition of all of the remaining interests in Aral Petroleum Capital LLP ("Aral"), the operating entity of the East Zhagabulak oil field and North Block Licenses in Kazakhstan, not already owned by the Company (the "Transaction"). The Transaction was completed pursuant to the share purchase agreement dated August 1, 2014, as amended November 11, 2014 (the "SP...

Oil and Gas - May 20, 2015




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