MySep Pte Ltd, the leader in innovative process engineering software for Phase Separator design and performance simulation, is celebrating its 10>th>> anniversary year with the global release of a completely revamped MySep Studio.>
Oil and gas exploration expenditures (excluding appraisal) will rebound from historic lows, reaching an average of $22 billion annually in real terms over the next 5 years, according to a Wood Mackenzie report.
Australian gas & oil exploration company Bounty Oil & Gas NL has commenced its two-well oil exploration/appraisal program in the Naccowlah Block, Southwest Queensland, with Watkins North 1.
Tullow Oil Gabon, a subsidiary of the UK-headquartered oil and gas company Tullow Oil, has gained approval from the government of Gabon for the extension of several of its Gabon licences to 2046. This further underpins the Tchatamba facilities as a core hub for the company.
Kimmeridge Energy Management, a New York-based firm, has successfully raised more than $1 billion for the acquisition and development of oil-and-gas assets.