Gas

Oil & Gas

Oil shows confirmed at Horse Hill One

06/10/2014

UK Oil and Gas have announced operations at the Horse Hill-1 site produced oil shows during mud logging. The discovery, which shows evidence of reservoirs with oil, was found between a measured depth (MD) of between 2,100 to 2,140 feet.

Health & Safety

Fire on Alaska natural gas platform

03/10/2014

A fire at an offshore natural gas platform which forced four people on board to be evacuated has been extinguished by firefighters. The Baker platform in Alaska is operated by Houston-based Hilcorp Energy and a no-fly zone of two miles was put in place.

Oil & Gas

UAE looks to offer energy companies new contracts

03/10/2014

United Arab Emirates (UAE) Energy Minister Suhail Al Mazrouei said he hopes BP, Royal Dutch Shell Plc and Total SA have “a good chance to compete” for concessions in the nation’s biggest onshore deposits of crude oil. The three companies, together with Exxon Mobil Corp and Portugal’s Partex Oil & Gas, were partners with Abu Dhabi, the UAE’s largest emirate, in a joint-venture agreement that expired in January.

Oil & Gas

Ophir Energy announce gas discoveries in Africa

02/10/2014

UK-based oil and gas explorer Ophir Energy has announced gas discoveries in its Kamba and Fulusi prospects of 1.03 trillion cubic feet (tcf) in Tanzania. This latest finds, combined with recent volume updates on the earlier discoveries, increases estimates of the total Block 1, 3 and 4 mean (2C) recoverable resources to 17.1tcf.

People

Tax director appointed to lead oil and gas accounts

01/10/2014

The largest independent firm of chartered accountants in Scotland has strengthened its oil and gas focus with the appointment of a new tax director. VAT specialist Fiona Weir has joined the tax team at Johnston Carmichael where her key remit will be working with clients in the oil and gas and financial services sectors.

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