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Santos confirms ‘major’ resource at Dorado-2 well

By: Creamer Media Reporter      6th June 2019 Oil and gas major Santos on Thursday announced that the Dorado-2 appraisal well had confirmed a “major” oil and gas resource in the Bedout basin, offshore Western Australia. The well was drilled down-dip about 2 km from the Dorado-1 discovery of July last year, and encountered 85 m of net... 

Solid support for mining entrepreneurs

24th May 2019 Project delivery company Worley is leading the way in mining technology in southern Africa with swift technological advancements that match the requirements of a new digital age. The global professional services provider is uniquely positioned to assist junior miners in creating cost-effective,... 

BHP keen on more copper, nickel sulphide and oil

By: Esmarie Iannucci     22nd May 2019 Mining major BHP on Wednesday laid out its near-term plans for investors, saying that the company would look to add “options” in copper, nickel sulphides and oil. Speaking to investors, CFO Peter Beaven that BHP analysed a number of scenarios to ensure that the company’s portfolio was resilient... 

Solid support for mining entrepreneurs

13th May 2019 Project delivery company Worley is leading the way in mining technology in southern Africa with swift technological advancements that match the requirements of a new digital age. The global professional services provider is uniquely positioned to assist junior miners in creating cost-effective,... 

Worley creating a force for the future of resources and energy 

By: Martin Creamer     7th May 2019 Following the announcement in October 2018 of WorleyParsons' binding offer for Jacobs' Energy, Chemicals and Resources, the combined new entity has come together under a new brand – Worley – involving 57 600 people across 51 countries. While financially a $3.2-billion acquisition, operationally... 

ExxonMobil acquires more exploration acreage off Namibian coast

By: Nadine James     25th April 2019 US oil giant ExxonMobil will increase its exploration acreage in Namibia by about 28 000 km2 following the signing of an agreement with the Namibian government and State-owned National Petroleum Corporation of Namibia (Namcor) for blocks 1710 and 1810, and farm-in agreements for blocks 1711 and... 

South Sudan invites investment in agriculture, mining, oil

By: Marleny Arnoldi     24th April 2019 Since its official independence from Sudan in 2011, South Sudan has ripened the environment for investment in the country, which was apparent when the country’s Ministers on Wednesday met with South African investors and businesspersons during a roadshow, in Sandton, to discuss investment... 

India’s reformed oil, gas E&P policy to come into play in June/July

By: Ajoy K Das     15th April 2019 India’s reformed oil and gas exploration policy will come into force when the next round of bidding for blocks kicks off in June/July, the sector regulator has announced. “Parameters of the new policy reforms shall apply from Open Acreage Licensing Policy IV onwards,” a notification from the... 

Vedanta announces oil discovery at its Bay of Bengal block

By: Ajoy K Das     28th March 2019 Resource major Vedanta on Wednesday announced an oil discovery in its Krishna-Godavari block in the Bay of Bengal along the eastern Indian coastline. The company earlier established a discovery of natural gas at the same block. 

Lubritech Manufacturing

22nd March 2019 Level 2 broad-based black economic- empowerment company, Lubritech Manu-facturing specialises in hydrocarbon contamination solutions by managing and controlling contamination at the source. A rise in mechanised mining has led to an increased use of oil and grease, with a resultant impact on... 

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