Continental Focus, International Reach

Inpector Capital Acquires Scimitar Production Egypt

Inpector Capital BV acquired Scimitar Production Egypt Ltd., gaining a foothold in Egypt’s oil, gas and energy sectors. Inpector is well prepared to conduct long term projects, Corné Melissen, the company’s spokesman said, underlining his full confidence in the new management team of Scimitar. The company appointed Erik Vollebregt as Executive Chairman of Scimitar Production Egypt. […]

March 28, 2019 Read More

Weatherford TR1P™ Wins “Spotlight on New Technology®” Award

Weatherford Introduces World’s First Remote-Activated, Single-Trip Deepwater Completion System Weatherford TR1P™ Wins “Spotlight on New Technology®” Award from The Offshore Technology Conference, Meritorious Award for Engineering Innovation from Hart Energy BAAR, SWITZERLAND, Weatherford International plc (NYSE: WFT) has brought to market the world’s first remote-activated, single-trip deepwater completion system. By combining the upper and lower […]

March 28, 2019 Read More

Gabon Strike Stops VAALCO Production

An oil worker’s strike in Gabon has hindered the country’s exports. The strike, which started on March 24, halted production at a petroleum terminal operated by US independent VAALCO Energy. The strike was launched in protest over annual leave terms for employees, according to the Gabon’s oil union ONEP on March 27. “The 14,000 barrels […]

March 28, 2019 Read More