Daily Archives: December 4, 2015

EMGS reports multi-client sales from Brazilian library

Electromagnetic Geoservices ASA has entered into a data licensing agreement with an international oil company for the provision of 3D EM data from the multi-client data library over the Foz de Amazonas and Ceara basin offshore Brazil. Read Full Article Here For more great articles: Offshore RSS Feed

MPLX, MarkWest complete combine, make executive appointments

MPLX LP, a Findlay, Ohio-based master limited partnership formed by Marathon Petroleum Corp. in 2012, and MarkWest Energy Partners LP of Denver have completed their previously announced $15.8-billion merger by which MarkWest became a wholly owned subsidiary of MPLX. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation

Suncor extends expiration date for Canadian Oil Sands bid

Canadian Oil Sands Ltd. (COS) is advising its shareholders to take no action on Suncor Energy Inc.’s revised expiration date for its unsolicited takeover bid for COS. Suncor extended the expiry from Dec. 4 to Jan. 8, 2016. Both companies are based in Calgary. Read Full Article Here For more great articles: Oil & Gas…

OPEC members accommodate current production levels

Members of the Organization of Petroleum Exporting Countries made no formal decision on changing the group’s production quota, but instead concluded the scheduled Dec. 4 meeting in Vienna by saying the group will accommodate the current production level, which is more than 1 million b/d over the 30 million-b/d quota Read Full Article Here For…