Hydrocarbons Technology-Updates The latest content updates from the www.hydrocarbons-technology.com web site http://www.hydrocarbons-technology.com/ en-us http://www.hydrocarbons-technology.com/ Hydrocarbons Technology-Updates http://www.hydrocarbons-technology.com/content/images/logo_big.gif WPX Energy expands in Delaware basin with new acquisition http://www.hydrocarbons-technology.com/news/newswpx-energy-expands-in-delaware-basin-with-new-acquisition-5717521 http://www.hydrocarbons-technology.com/news/newswpx-energy-expands-in-delaware-basin-with-new-acquisition-5717521 Oil and gas company WPX Energy has acquired 120,000 net acres in Delaware basin that would increase its Permian operations and facilitate its key financial metrics and margin expansion. Tue, 17 Jan 2017 00:00:00 GMT Noble Energy acquires Clayton Williams Energy for $2.7bn http://www.hydrocarbons-technology.com/news/newsnoble-energy-acquires-clayton-williams-energy-for-27bn-5717861 http://www.hydrocarbons-technology.com/news/newsnoble-energy-acquires-clayton-williams-energy-for-27bn-5717861 Noble Energy has signed a definitive agreement to acquire Clayton Williams Energy by purchasing all of the outstanding common stock for $2.7bn in a cash and stock deal. Tue, 17 Jan 2017 00:00:00 GMT ConocoPhillips discovers oil in National Petroleum Reserve, Alaska http://www.hydrocarbons-technology.com/news/newsconocophillips-discovers-oil-in-national-petroleum-reserve-alaska-5717344 http://www.hydrocarbons-technology.com/news/newsconocophillips-discovers-oil-in-national-petroleum-reserve-alaska-5717344 ConocoPhillips Alaska has discovered a new oil location in the Greater Mooses Tooth (GMT) Unit located in the north-east portion of the National Petroleum Reserve in Alaska. Tue, 17 Jan 2017 00:00:00 GMT Anadarko Petroleum sells Eagleford Shale Assets for $2.3bn http://www.hydrocarbons-technology.com/news/newsanadarko-petroleum-sells-eagleford-shale-assets-for-23bn-5716346 http://www.hydrocarbons-technology.com/news/newsanadarko-petroleum-sells-eagleford-shale-assets-for-23bn-5716346 Anadarko Petroleum has agreed to sell its Eagleford Shale assets in South Texas to Sanchez Energy and Blackstone Group for nearly $2.3bn. Mon, 16 Jan 2017 00:00:00 GMT SDX Energy to acquire Circle Oil's Egyptian and Moroccan businesses http://www.hydrocarbons-technology.com/news/newssdx-energy-to-acquire-circle-oils-egyptian-and-moroccan-businesses-5716358 http://www.hydrocarbons-technology.com/news/newssdx-energy-to-acquire-circle-oils-egyptian-and-moroccan-businesses-5716358 UK-based company SDX Energy has entered a non-binding heads of terms (HoT) to acquire Circle Oil’s Egyptian and Moroccan businesses. Mon, 16 Jan 2017 00:00:00 GMT Condor’s Poyraz West 2 appraisal well in Turkey discovers gas reservoir http://www.hydrocarbons-technology.com/news/newscondors-poyraz-west-2-appraisal-well-discovers-gas-reservoir-in-turkey-5716820 http://www.hydrocarbons-technology.com/news/newscondors-poyraz-west-2-appraisal-well-discovers-gas-reservoir-in-turkey-5716820 Canadian oil company Condor Petroleum has announced the drilling results of the Poyraz West 2 appraisal well that tested the south-west extension of the Poyraz Ridge field. Mon, 16 Jan 2017 00:00:00 GMT M&As this week: Forum Energy Technologies, GTM do Brasil Comercio de Produtos Químicos http://www.hydrocarbons-technology.com/news/newsmas-this-week-forum-energy-technologies-inc-gtm-do-brasil-comercio-de-produtos-qumicos-ltda-5715754 http://www.hydrocarbons-technology.com/news/newsmas-this-week-forum-energy-technologies-inc-gtm-do-brasil-comercio-de-produtos-qumicos-ltda-5715754 With an aim to enhance its product offering to its midstream and downstream customers, US-based oilfield products company Forum Energy Technologies has acquired two companies named Cooper Valves and Innovative Valve Components. Fri, 13 Jan 2017 00:00:00 GMT Report: North America to lead globally in planned gas pipeline length by 2020 http://www.hydrocarbons-technology.com/news/newsreport-north-america-to-lead-globally-in-planned-gas-pipeline-length-by-2020-5713199 http://www.hydrocarbons-technology.com/news/newsreport-north-america-to-lead-globally-in-planned-gas-pipeline-length-by-2020-5713199 The total length of worldwide oil and gas transmission pipelines is projected to increase from 1.8 million kilometres in November 2016 to 2.1 million kilometres by 2020, according to a report by GlobalData. Fri, 13 Jan 2017 00:00:00 GMT Deals this week: Parsley Energy, Energy Transfer Equity, SDX Energy http://www.hydrocarbons-technology.com/news/newsdeals-this-week-parsley-energy-inc-energy-transfer-equity-lp-sdx-energy-inc-5715997 http://www.hydrocarbons-technology.com/news/newsdeals-this-week-parsley-energy-inc-energy-transfer-equity-lp-sdx-energy-inc-5715997 US-based oil and gas company Parsley Energy has announced the pricing for and upgraded the offering of 22 million class A shares from its previous 20 million shares. Fri, 13 Jan 2017 00:00:00 GMT Renaissance to partner with Lukoil to develop Amatitlán oil block in Mexico http://www.hydrocarbons-technology.com/news/newsrenaissance-partners-with-lukoil-to-develop-amatitln-oil-block-in-mexico-5716003 http://www.hydrocarbons-technology.com/news/newsrenaissance-partners-with-lukoil-to-develop-amatitln-oil-block-in-mexico-5716003 Renaissance Oil has entered an Integrated Exploration and Production Contract with PJSC Lukoil to develop the 230km² Amatitlán block located near Poza Rica, Veracruz in Mexico. Fri, 13 Jan 2017 00:00:00 GMT Texas LNG signs Term Sheets with four Asian LNG buyers http://www.hydrocarbons-technology.com/news/newstexas-lng-signs-term-sheets-with-four-asian-lng-buyers-5715391 http://www.hydrocarbons-technology.com/news/newstexas-lng-signs-term-sheets-with-four-asian-lng-buyers-5715391 Texas-based LNG Brownsville has executed detailed non-binding Term Sheets with four independent LNG buyers of South East Asia and China for a volume of 3.1 million tonnes per annum (mta). Fri, 13 Jan 2017 00:00:00 GMT Wood Group signs onshore agreement extension with Saudi Aramco http://www.hydrocarbons-technology.com/news/newswood-group-signs-onshore-agreement-extension-with-saudi-aramco-5715078 http://www.hydrocarbons-technology.com/news/newswood-group-signs-onshore-agreement-extension-with-saudi-aramco-5715078 Scottish oil and gas company Wood Group has entered into a five year, multi-million dollar framework agreement to continue providing engineering and project management services to Saudi Aramco. Thu, 12 Jan 2017 00:00:00 GMT Gazprom Neft subsidiary discovers new oil field in Sorochinsky, Russia http://www.hydrocarbons-technology.com/news/newsgazprom-neft-subsidiary-discovers-new-oil-field-in-sorochinsky-russia-5714299 http://www.hydrocarbons-technology.com/news/newsgazprom-neft-subsidiary-discovers-new-oil-field-in-sorochinsky-russia-5714299 Gazprom Neft subsidiary Gazpromneft Orenburg has discovered a new oil field, the Novosamarskoye, located in the Sorochinsky district of the Orenburg Oblast, Russia. Thu, 12 Jan 2017 00:00:00 GMT Comstock Resources allies with USG to jointly develop Haynesville acreage http://www.hydrocarbons-technology.com/news/newscomstock-resources-allies-with-usg-to-jointly-develop-haynesville-acreage-5714290 http://www.hydrocarbons-technology.com/news/newscomstock-resources-allies-with-usg-to-jointly-develop-haynesville-acreage-5714290 US company Comstock Resources has entered a joint development agreement with USG Properties Haynesville (USG) to develop Haynesville acreage. Thu, 12 Jan 2017 00:00:00 GMT Tullow sells substantial stake of Uganda assets to Total http://www.hydrocarbons-technology.com/news/newstullow-sells-substantial-stake-of-its-uganda-assets-to-total-5713333 http://www.hydrocarbons-technology.com/news/newstullow-sells-substantial-stake-of-its-uganda-assets-to-total-5713333 Tullow Oil has signed a Sale and Purchase Agreement to sell a substantial stake of its assets in the Uganda Lake Albert oil project to Total E&P Uganda (Total). Wed, 11 Jan 2017 00:00:00 GMT Petrofac signs $600m gas contract in Oman http://www.hydrocarbons-technology.com/news/newspetrofac-awarded-600m-gas-contract-in-oman-5713305 http://www.hydrocarbons-technology.com/news/newspetrofac-awarded-600m-gas-contract-in-oman-5713305 Oil services group Petrofac has signed a contract with Salalah LPG SFZCO (SLPG), a fully owned subsidiary of Oman Oil Facilities Development Company (OOFDC), for engineering, procurement and construction services (EPC) at Salalah LPG extraction proje… Wed, 11 Jan 2017 00:00:00 GMT Frontera to explore and develop hydrocarbon resources in Moldova http://www.hydrocarbons-technology.com/news/newsfrontera-resources-signs-concession-agreement-with-government-of-moldova-for-hydrocarbon-exploration-and-development-5713949 http://www.hydrocarbons-technology.com/news/newsfrontera-resources-signs-concession-agreement-with-government-of-moldova-for-hydrocarbon-exploration-and-development-5713949 US-based oil and gas company Frontera Resources subsidiary Frontera Resources International has signed a concession agreement with the Government of Moldova for exploration, production and development of hydrocarbon resources in the country. Wed, 11 Jan 2017 00:00:00 GMT DNO discovers oil in Cretaceous horizon of Peshkabir field in Kurdistan, Iraq http://www.hydrocarbons-technology.com/news/newsdno-discovers-oil-in-cretaceous-horizon-of-peshkabir-field-in-kurdistan-iraq-5712219 http://www.hydrocarbons-technology.com/news/newsdno-discovers-oil-in-cretaceous-horizon-of-peshkabir-field-in-kurdistan-iraq-5712219 Norwegian oil and gas operator DNO ASA has announced that the Peshkabir-2 well currently being drilled in the Kurdistan region of Iraq has encountered oil in the Cretaceous horizon within the southern flank of the Peshkabir field. Tue, 10 Jan 2017 00:00:00 GMT Iran to export crude oil to Philippines every month http://www.hydrocarbons-technology.com/news/newsiran-to-export-crude-oil-to-philippines-5712389 http://www.hydrocarbons-technology.com/news/newsiran-to-export-crude-oil-to-philippines-5712389 Iran’s state-owned National Iranian Oil Company (NIOC) is negotiating with the Philippines to export four million barrels of crude oil every month. Tue, 10 Jan 2017 00:00:00 GMT Charlie Development, Queensland http://www.hydrocarbons-technology.com/projects/charlie-development-queensland/ http://www.hydrocarbons-technology.com/projects/charlie-development-queensland/ Queensland Gas Company (QGC), a part of BG Group, is executing the Charlie development as part of the continuous development of its operations in the Surat Basin, Queensland, Australia. Tue, 10 Jan 2017 00:00:00 GMT