Image - Myanmar and Thailand: Forging Stronger Ties

Myanmar and Thailand: Forging Stronger Ties

Total's presence in Myanmar is making it possible to rise to the crucial challenge of increasing gas production and supplying Myanmar and neighboring Thailand with safer, less carbon-intensive energy. Yadana is by far Myanmar's highest producing field and currently supplies enough gas to meet around 12% of Thailand's demand, making it the country's primary source of imports. The project also provided a model for the two gas developments that f...

Oil and Gas - Feb 20, 2017


Image - Covey Park Announces Acquisition of Additional Haynesville Assets from Chesapeake Energy for $465 M

Covey Park Announces Acquisition of Additional Haynesville Assets from Chesapeake Energy for $465 M

Covey Park Energy LLC, a Dallas, Texas-based independent oil and gas exploration and production company, announced today the closing of the acquisition of additional assets located in the Haynesville shale area of North Louisiana from Chesapeake Exploration, LLC and related companies ("Chesapeake") for $465 million. Covey Park funded a portion of the Chesapeake acquisition with additional equity investments from its existing investor Denham Ca...

Oil and Gas - Feb 16, 2017


Image - Statoil to Increase Exploration Drilling in 2017

Statoil to Increase Exploration Drilling in 2017

Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS). Bilde "Taking advantage of our own improvements and changed market conditions, we have been able to get more wells, more acreage and more seismic data for our exploration investments in later years," says Tim Dodson, Executive Vice President for Exploratio...

Oil and Gas - Jan 4, 2017




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