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Company News
Wood Group Mustang creates onshore pipeline and facilities business unitAug 5, 2015Wood Group Mustang has consolidated the Pipeline, Onshore and Oil Sands business units into the Onshore Pipeline and Facilities
EPH selects OpenLink to expand cross border trading across EuropeAug 5, 2015OpenLink says that Energetický a Průmyslový Holding (EPH) has selected its flagship energy trading and risk management solution,
Atlantic Petroleum announces July 2015 productionAug 5, 2015P/F Atlantic Petroleum says that during the month of July, Atlantic Petroleum produced a net total of 44,000 barrels of oil equivalents (boe) from the Chestnut, Ettrick
ExxonMobil to expand crude processing capacity at Beaumont RefineryAug 5, 2015ExxonMobil will add flexibility to process light crudes at its Beaumont refinery, increasing production capacity by approximately 20,000 barrels per day. This expansion will
Otary picks Aconex for offshore wind farm developmentAug 5, 2015Aconex Limited announced its selection by Otary RS N.V. to manage project information and processes for the development of the EUR 1.3-billion Rentel wind farm
Midwest Energy Emissions provides business update to investorsAug 5, 2015Midwest Energy Emissions Corp. provided a general business update for investors and shareholders. "As a new technology company in this rapidly emerging industry, we want to take this time
EIC Monitor: Upstream contracting levels provide optimism in the face of declining oil and gas activityAug 5, 2015The number of major contract awards across the global oil and gas industry continued to decline during the last quarter (Q2: Apr-Jun 2015),
UKCS Oil, Gas production set to riseAug 5, 2015Oil & Gas UK says that oil and gas production from the UK Continental Shelf (UKCS) is set to rise for the first time in 15 years, according
Statoil's Peregrino marks 100 million barrels producedAug 5, 2015After just four years in production, the Peregrino field in the Campos basin offshore Brazil has passed a significant milestone, with 100 million barrels of oil produced since April 2011. The field, jointly owned by Statoil and Chinese Sinochem, achieved the milestone on August 2."We are pleased to have reached a major milestone in our Peregrino operations,” says Pål Eitrheim, country manager of Statoil Brazil.
Grampian Fortress is latest vessel to join Craig Group’s fleetAug 4, 2015Global shipping and energy services firm, Craig Group, has launched its first F-Class vessel, the Grampian Fortress. The IMT 958 multi-role emergency response
88 Energy's Alaskan exploration programme takes shapeAug 4, 2015Amid growing industry activity in Alaska, 88 Energy has announced a clearly defined exploration programme for its core North Slope project, Icewine. In three phases
Red Emperor Resources spuds Hawkeye-1 exploration wellAug 4, 2015Red Emperor Resources NL provides the following update with respect to the drilling of the Hawkeye-1 exploration well, offshore Palawan Basin in the Philippines.
Circle Oil to plug and abandon NFA-1 well in MoroccoAug 4, 2015Circle Oil Plc provides the following information on the progress of the NFA-1 exploration well on the Lalla Mimouna permit, onshore Morocco.
Exceed join forces in new entityAug 4, 2015Exceed has has joined forces with eight former members of senior staff from Applied Drilling Technology International (ADTI).
Gazprom and BASF agree cooperation for Nord Stream II gas pipeline projectAug 4, 2015Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Hans-Ulrich Engel, Member of the BASF Board of Executive Directors signed
Polarcus awarded broadband 3D projectAug 4, 2015Polarcus Limited has received a Letter of Award (LOA) from an undisclosed client for a 3D marine seismic project utilizing Polarcus' RightBAND(TM) technique for
Baker Hughes announces weekly rig countsAug 4, 2015Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -2 to 874 rigs
Otto Energy spuds Hawkeye-1 prospect in SC 55Aug 4, 2015Otto Energy Ltd. provided the following update on the drilling of the Hawkeye-1 exploration well in Service Contract 55, offshore Palawan Basin in the Philippines as at
Tap Oil provides financing and Northern Gulf updateAug 4, 2015Tap Oil Limited is pleased to provide an update on its financing with BNP Paribas and Siam Commercial Bank, and its disputes with Northern Gulf.
Emerald Oil forms venture with Koch ExplorationAug 4, 2015Emerald Oil, Inc. announced a venture with Koch Exploration Company, LLC, the results of two Southern McKenzie County wells, and the initiation of a Midstream Joint Venture.
Cooper Energy signs HoA for gas sale from Sole fieldAug 4, 2015Cooper Energy Ltd. has signed a Heads of Agreement (HoA) with O-I Australia defining the key terms for the sale of gas from the Sole gas field in the Gippsland Basin,
Ascent Resources appoints new Chief Financial OfficerAug 4, 2015Ascent Resources, LLC has hired Jennifer M. Grigsby to serve as Chief Financial Officer effective August 1, 2015. Mrs. Grigsby, 46, is joining Ascent from American
Lime Petroleum acquires 50% interest in two Norwegian Sea licensesAug 4, 2015Hibiscus Petroleum Berhad says that its jointly-controlled entity, Lime Petroleum Norway AS has executed an agreement with EnQuest Norge AS to acquire their 50%
The 10th SPE/IADC Middle East Drilling Technology Conference and Exhibition returns to Abu DhabiAug 4, 2015Organised by the Society of Petroleum Engineers (SPE) and the International Association of Drilling Contractors (IADC) the 10th edition of the SPE/IADC Middle East Drilling
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