Singapore-based KrisEnergy increased its stake in Blocks 105 and 120 offshore Vietnam. Map of Block 105. From KrisEnergy. KrisEnergy now holds 33.33% in each block after Neon Energy…
The Neon Energy board is moving forward with the “superior proposal” from Evoworld and calling off its merger plans with MEO Australia. Image from Neon. Neon entered into a bid implementation agreement (BIA) with Evoworld on 19 December…
Abigail Ross Hopper has been appointed Director of the US Bureau of Ocean Energy Management (BOEM), effective 5 January, the US Department of the Interior announced on 18 December 2014. Hopper, who will be the second director in the agency’s history…
Australian companies Neon Energy and MEO Australia announced they entered into a merger implementation agreement, under which the companies have agreed to merge by way of an MEO scheme or arrangement. Under the arrangement, MEO shareholders will receive 0…
Ecuador formally joined the World Energy Council as a member country last Friday, 22 August. In a ceremony in Quito, hosted by Dr. Esteban Albornoz Vintimilla, Minister of Electricity and Renewable Energy, the World Energy Council formally…
Eni has entered into a production sharing contract (PSC) with state-owned PetroVietnam for the exploration of Block 122, off eastern Vietnam. The Italian firm’s CEO, Claudio Descalzi, met with PetroVietnam President and CEO, Do Van Hau, in…
Industry Minister Ian Macfarlane announced the award of nine new permits located in Commonwealth waters offshore Western Australia, Victoria, and the Territory of Ashmore and Cartier Islands as part of round one of the Australian government’s 2013 Offshore Petroleum Exploration Acreage Release…
The Danish Parliament's finance committee approved the final implementation of the investment agreement between the Danish State, DONG Energy, Goldman Sachs, Arbejdsmarkedets Tillægspension, PFA along with existing minority stakeholders. The…
KrisEnergy Ltd. completed drilling and testing of the Cua Lo-1 exploration well in Block 105-110/04 off Vietnam.The Cua Lo-1 well was drilled to a measured depth of 2,867 m. Based on log interpretation, several gas bearing sandstone reservoirs were identified…
Eni's Vietnam subisidiary, Eni Vietnam BV, has spud the Ca Ngu-1 exploration well off central Vietnam, partner KrisEnergy announced. The Ca Ngu-1 well, which is being drilled by the Songa Mercur semisubmersible rig, is located in the Gulf of Tonkin in Block 120…
More than 6,000 of the world’s most prominent energy leaders will gathered October 13 in Daegu, South Korea for the first day of the 22nd World Energy Congress (WEC). This year's theme is: 'Secure tomorrow's energy today.' Held every three years…
The US Department of Energy will invest US$16 million in 17 projects to harness wave and tidal energy. As part of the Obama Administration’s strategy to deploy every available source of American energy, the projects were selected for…
Eni has spud the Cua Lo-1 exploration well located in Block 105-110/04, in the Gulf of Tonkin, off Vietnam, partners Neon Energy and KrisEnergy announced. The well, spud on August 11, 2013, is designed to test the large Cua Lo gas prospect…
The Energy Technologies Institute (ETI) and HR Wallingford unveiled a tidal energy modeling tool for use by tidal energy developers to identify the most efficient sites for tidal energy converters, tidal arrays, or tidal barrage schemes around the UK and French coastlines…
Multiple zone single trip completion systems have been out there for quite some time. It wasn’t until the 1990s that Schlumberger started to invest in the time-saving aspects of single-trip multizone completions, Bryan Stamm, technology manager for Schlumberger’s sand control division…
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