Posts Tagged ‘guinea’
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Tullow Oil farms into offshore Guinea concession

by on November 21, 2012 4:24 am GMT
Tullow Oil farms into offshore Guinea concessionLONDON -- Hyperdynamics announced that its wholly owned subsidiary SCS, has entered into an agreement with Tullow Guinea, a subsidiary of Tullow oil, for the sale of a 40% gross interest in Hyperdynamics oil and gas exploration concession offshore Guinea and the transfer of operatorship

Eaglewood announces start of the PPL 259 Drimgas seismic programme

by on November 19, 2012 2:01 am GMT
Eaglewood announces start of the PPL 259 Drimgas seismic programmeEaglewood Energy is pleased to announce the start of a new 2D seismic survey over PPL 259 in Papua New Guinea, in support of selecting a drilling location in 2013.The Corporation will initially carry out a 63 line km shoot over the western portion

Exxon PNG Gas project blows out to $19 billion

by on November 12, 2012 4:43 am GMT
Exxon PNG Gas project blows out to $19 billionBy Ross KellySYDNEY -- Exxon Mobil  said the cost of building a natural gas export facility in Papua New Guinea had blown out to $19 billion, as the project was impacted by exchange rate movements, local landowner disputes and torrential rain.The cost

UPDATE 2-Exxon’s PNG LNG project costs balloon to $19 bln

by on November 12, 2012 2:43 am GMT
Sun Nov 11, 2012 9:43pm EST * Latest Asia-Pacific LNG project to report cost overruns * Forex, work stoppages fuel $3.3 bln jump in project cost* Shares fall in Australian partners Santos and Oil Search* PNG LNG is nation's biggest-ever resources development* First LNG shipments still expected in 2014SYDNEY, Nov