Aker Solutions develops casing stabilizer arm for Tubular HandlingNov 27, 2013Aker Solutions has developed the Casing Stabilizer Arm (CSA) which eliminates the need for a person to be elevated on a derrick for tubular makeup.
Eagle Energy Trust completes acquisition of producing oil assets in TexasNov 27, 2013Eagle Energy Trust is pleased to announce the closing of its previously announced acquisition (the "Acquisition") of producing petroleum properties in
EU domestic shale gas production could add a million jobs, new study showsNov 27, 2013The development of shale gas in Europe could add as many as one million jobs to the economy, make industry more competitive and decrease the region’s dependence on energy imports, according to a new study released today.
Cameron provides update on Chevron Rosebank awardNov 26, 2013Cameron was advised of Chevron's decision to defer its Rosebank project while it works with partners to improve the project economics.
Liberty Energy announces appointment of CFO Armando BuchananNov 26, 2013Liberty Energy Corp. announce the appointment of Armando Buchanan as CFO of Liberty. Mr. Buchanan is a seasoned financial executive with nearly
Harkand signs charter agreement with Siem OffshoreNov 26, 2013Harkand has entered into a charter agreement with Siem Offshore for the Offshore Subsea Construction Vessel (OSCV) ‘Siem Spearfish’.
Edgo Energy signs production sharing agreement in TajikistanNov 26, 2013Edgo Energy has signed a production sharing agreement (PSA) with the Ministry of Energy and Industry of the Republic of Tajikistan for license areas
Saratoga Resources refinances $27.3 million of existing notes at 10%Nov 26, 2013Saratoga Resources, Inc. has issued $27.3 million of first lien notes in exchange for the retirement of $27.3 million of outstanding 12½% senior secured
Comstock Resources secures new $1 billion bank credit agreementNov 26, 2013Comstock Resources, Inc. has entered into a new five year $1.0 billion revolving credit facility with a syndicate of 21 banks, replacing its $750 million
Nido Petroleum announces SC 63 extension updateNov 26, 2013Nido Petroleum Limited confirms that the SC 63 Joint Venture is awaiting approval of a 12 month extension from the Department of Energy ('DOE') for
Miller Energy announces initial production of the Sword No.1 wellNov 26, 2013Miller Energy Resources, Inc. and its wholly owned Alaskan operating subsidiary, Cook Inlet Energy (CIE), announce a production update on the
DualEx provides operational update on BHN-1 well in TunisiaNov 26, 2013DualEx Energy International Inc. announced the following operational update regarding the Company's BHN-1 exploration well on the Bouhajla Permit in
Salamander Energy successfully placed a US$150 million unsecured bond issueNov 26, 2013The bond has a term of 6 years and 1 month and will be repaid as a bullet at maturity. The bond carries a coupon of 9.75 percent and will be issued at
Andes Energia awarded a new exploration licence in ParaguayNov 26, 2013The Board of Andes is pleased to announce the award by the Government of Paraguay of new a exploration permit on a block named 'Capitan Mesa',
Indus Gas announce progress on the matters concerning the RJ-ON/6 BlockNov 26, 2013Indus Gas Limited, an oil and gas exploration and development company with assets in India, is pleased to announce progress on the following matters
Sasol selects Technip as FEED contractor for U.S. gas-to-liquids facilityNov 26, 2013Sasol has selected Technip as the primary contractor for the front-end engineering and design (FEED) phase of its proposed gas-to-liquids (GTL) facility
Tap Oil provides update on the Malida-1 exploration wellNov 26, 2013Tap Oil Limited provides the following update on the Malida-1 exploration well in the Northern Gulf of Thailand. Malida-1 is a commitment well in G1/48.
Eco (Atlantic) receives PGS geophysical prospectivity study and interpretation reportNov 26, 2013Eco (Atlantic) Oil & Gas Ltd. has received a Prospectivity Study Interpretation Report (the "Report") for the Cooper Block (the "Block" or "Cooper"),
Innocent signs new Joint Venture to explore for oil and gasNov 26, 2013Innocent Inc. has signed an exploration agreement with Evergreen Petroleum of Dallas, TX. Evergreen, which has over 150 years of experience in the oil and gas industry,
Aker Solutions sells well-intervention services business to EQTNov 26, 2013Aker Solutions agreed today to sell its well-intervention services business area to EQT, a Swedish private equity fund, for an enterprise value of NOK 4 billion.The agreement includes an earn-out provision where Aker Solutions will receive 25 percent
Fugro’s new geotechnical drilling vessel for Asia PacificNov 26, 2013Fugro Voyager, a purpose built DP2 geotechnical drilling vessel, is entering service with Fugro’s Offshore Geotechnical Division to expand its operations
Statoil and NASA finalise research agreementNov 26, 2013Statoil and the National Aeronautical and Space Administration (NASA) have formed a partnership to explore how technologies and knowledge from the
Moody's investor Services upgraded Tatneft's credit rating to investment grade "Baa3"Nov 26, 2013Moody's Investor Services has upgraded the corporate family and probability of default ratings of Tatneft to investment grade "Baa3", the rating outlook
Deep Casing Tools continues global growth following key appointmentsNov 26, 2013Deep Casing Tools has appointed Jason Henry and Magnus Wardle as Vice-Presidents of Business Development and Technology respectively, further