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Company News
EFC Group awarded for significant business growthJun 30, 2015EFC Group has won the ‘Business Success Over Three Years’ category at the Elevator Awards 2015.Previously entitled The Grampian Awards for Business
TGS signs Letter of Intent to acquire Polarcus' multi-client libraryJun 30, 2015TGS has entered into a Letter of Intent to acquire Polarcus' multi-client library, with the exception of Australia, for a price of USD 27.5 million
NPD grants E,ON a drilling permit for well 6507/3-11 SJun 30, 2015The Norwegian Petroleum Directorate (NPD) has granted E.ON E&P Norge AS a drilling permit for well 6507/3-11 S, cf. Section
Statoil commences Johan Sverdrup constructionJun 30, 2015Production of the first elements on the Johan Sverdrup project has begun. On Monday 29 June Kværner metal worker Stian Myrvold Green started up the machine that will cut the steel for the riser platform jacket on the Johan Sverdrup field.'This is a special day. We've been working thoroughly for a long time making the preparations for this exciting and complex project. It feels great now that we've started construction on one of the biggest industrial projects in Europe,' says senior vice president for the Johan Sverdrup development project, Kjetel Digre.
Sundance Energy to acquire Eagle Ford and Cooper Basin assetsJun 29, 2015Sundance Energy Australia Ltd has entered a Share and Asset Sale Agreement for the acquisition of New Standard Energy Ltd's U.S.
Stetson Oil and Gas declares resignation of directorJun 29, 2015Stetson Oil & Gas Ltd. says that Mr. Lars Vännman has resigned from the board of directors of Stetson. The board of directors of Stetson thanks Mr. Vännman for his contributions to the company.
Plains All American to conduct open season for proposed oil pipelineJun 29, 2015Plains All American Pipeline, L.P. (PAA) is conducting an open season for committed capacity on a proposed new crude oil pipeline from Cushing,
Husky Energy commences oil production at South White Rose extensionJun 29, 2015Husky Energy has started production from the South White Rose project in the Jeanne d'Arc Basin offshore Newfoundland and Labrador.
Red Rock Resources enters option agreement to invest in Elephant Oil LimitedJun 29, 2015Red Rock Resources has entered into an option agreement with Elephant Oil Limited, an oil and gas exploration company focused on
MMA Offshore wins $77.2M contract from Chevron AustraliaJun 29, 2015MMA Offshore Limited (MMA) has been awarded a contract by Chevron Australia Pty Ltd. (Chevron) to provide supply base facilities
Marksmen Energy announces first closing of private placementJun 29, 2015Marksmen Energy Inc. has completed the first closing of its previously announced non-brokered private placement for 649,100 units
Kea Petroleum announces proposed disposal of assetsJun 29, 2015Kea Petroleum has conditionally agreed to sell its 70% interest in PEP51153, the licence which includes the Puka wells and the Shannon prospect,
Circle Oil provides update on LAM-1 well, MoroccoJun 29, 2015Circle Oil Plc is pleased to provide an update on the progress of the LAM-1 well on the Lalla Mimouna Permit, onshore Morocco. LAM-1, the first well drilled by Circle on the Lalla Mimouna permit,
IGas Energy provides update on UK operationsJun 29, 2015IGas Energy has announced its final results and provided an update on its UK operations. Production in the year was 999,003 boe (2014: 1,015,866 boe), representing an average of 2,737 boepd (2014: 2,783 boepd)
Icon Energy and Shantou Sino Energy to extend gas sales agreementJun 29, 2015Icon Energy Limited wish to advise that Icon and Shantou Sino Energy Co Ltd, of the Peoples’ Republic of China, have agreed to extend the completion date for conditions
Plexus Holdings sells non-core investment for £1.5millionJun 29, 2015Plexus Holdings says that its wholly owned subsidiary Afrotel Corporation Ltd has divested its sole asset, consisting of a 25% shareholding interest in KSW Engineering
Independent Oil & Gas extends seismic remapping agreement with Baker HughesJun 29, 2015Independent Oil and Gas PLC (IOG) is extending its seismic remapping agreement with Baker Hughes’ Reservoir Development Services (RDS) group to better understand
Gazprom Neft almost doubles production at Badra fieldJun 29, 2015A fourth well has been brought into production at the Badra field, Iraq, operator of which is Gazprom Neft. This new high flow-rate well (Р-05) has allowed total production
Junex provides operations update for Its Galt Oil propertyJun 29, 2015Junex Inc. is finalizing construction of the surface drilling pad for the Junex Galt No. 5 Horizontal well that the Company plans to start drilling in the second half of July.
Stirling Group expands training centre in KurdistanJun 29, 2015Stirling Group has made a significant investment in a new Middle Eastern training centre for all oil & gas and construction workers in Kurdistan, Iraq.
OneSubsea awarded $60 million contract for Shah Deniz Two development, AzerbaijanJun 29, 2015OneSubsea®, and Schlumberger company, has been awarded a contract totaling more than $60 million for the Shah Deniz Two development, operated by BP, offshore Azerbaijan. OneSubsea was awarded the initial contract for subsea trees for Shah Deniz Two in 2013. The scope of the new contract includes the supply of the second of three planned batches of subsea production trees and ancillaries. Deliveries are expected to commence 2016.
Lukoil starts oil refinery installation operation in VolgogradJun 29, 2015In Volgograd, Vagit Alekperov, President of OAO "LUKOIL", Arkady Dvorkovich, Deputy Prime Minister of Russia, Kirill Molodsov, Deputy Energy Minister of Russia
Parkland Fuel Corporation closes the Pioneer Energy acquisitionJun 29, 2015Parkland Fuel Corporation (Parkland) has closed its acquisition of the assets of Pioneer Energy (Pioneer), the appointment of Mr. Tim Hogarth to its Board of Directors,
Swire Oilfield Services wins seven figure contract with WeatherfordJun 29, 2015Swire Oilfield Services has secured an exclusive five year contract with Weatherford International plc in Brazil. The contract, providing DNV 2.7-1 cargo carrying units
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