Permian Basin, Yellow Rose, Texas, Gulf of Mexico, W&T Offshore, Forrest Wylie, private equity, production, oil, gas

W&T's interest in the Permian’s Yellow Rose Field produces about 3,000 boe/d, but the company has stopped drilling until commodity prices improve.

New Delhi has decided to auction 69 small, marginal oil and gas fields to private firms on a revenue-sharing model, offering pricing and marketing freedom to the operators.

The European Commission said the transaction would not grant Shell market power in oil and gas exploration, the liquefaction of gas and the wholesale supply of liquefied natural gas.

Maurel & Prom said deal, due to be completed in December, would add Nigeria to its Gabon and Tanzania operations, giving it presence in three key sub-Saharan producers, Reuters said.

Range of cargo carrying units includes baskets and containers certified to international standards, and certified cutting boxes and DNV/MPT portable chemical tanks for rental alongside pumps and operated vacuum services.

ExTek AS is Norway’s only oil, gas industry core competency training center using globally recognized CompEx Scheme. Seagull aims to be complete provider of training solutions, said its managing director. 

Development of North Pars, Golshan and Ferdowsi gas fields will be offered to investors at the upcoming London conference, according to state news agency Shana, Reuters said.

The next round will be awarded on Sept. 30, and involves five production-sharing contracts covering nine shallow water oil fields along the southern edge of the Gulf of Mexico.

Cobalt, offshore, Angola, Sonangol, GoM, Brackett

Cobalt International made huge discoveries in a seven-year period offshore Angola but cedes interest after a federal investigation, low oil prices and uncertainty for all oil producers.

A state oil firm loyal to Libya's official government invited foreign oil firms to discuss existing oil purchase contracts at September conference in Dubai, according to a statement, Reuters reported.

Sonangol is acquiring Cobalt’s 40% participating interest in blocks 21/09 and 20/11 offshore Angola for $1.75 billion with an effective date of Jan. 1, 2015.

The companies include Portugal's Galp Energia, Petro Rio, Royal Dutch Shell, Angola state oil company Sonangol and Engie, Brazil’s oil regulator ANP said, Reuters reported.