Offshore Technology Conference Attendance Remains Strong in 2015 Experts from the offshore energy industry around the world came together 4–7 May for the 2015 Offshore Technology Conference (OTC) at NRG Park in Houston. More than 94,700 attendees from 130 countries gathered at the annual conference, demonstrating OTC’s position as the leading forum to exchange ideas […]

Sterling Energy and ExxonMobil, partners on Madagascar’s Ampasindava Block, have decided to exit the asset. According to Sterling, who holds a 30% interest in the block, the PSC for the asset is in Phase 3 of the exploration period which expires in July of next year. Following a detailed subsurface re-assessment of the prospectivity of […]

Chevron South Africa’s refining unit in the country, Caltex, saw the restart of production at its refinery in the Western Cape province after the facility underwent a major maintenance overhaul. The facility also underwent a safety inspection. The investment alone was approximately R440-million and generated an additional 3 000 contractor jobs for the region. “Planned refinery […]