WPX Energy to increase activity in the Williston BasinJun 26, 2015WPX Energy plans to increase its activity in the Williston Basin during the second half of 2015 by resuming completions and increasing its rig count from one to three
Otto Energy appoints Matthew Allen as Managing Director, Continues as CEOJun 26, 2015Otto Energy Ltd. ha appointed Matthew Allen as managing director, effective June 24. Matthew will also continue as CEO.
Risk-based approach to valve testing in wells could save US$10m annually per assetJun 26, 2015Reducing expenditure while continuing to improve safety and reduce risk is a key driver for the oil and gas industry especially in today’s cost constrained environment. DNV GL and ExproSoft are now joining forces to offer a risk based approach to testing barrier valves in subsea completed wells applicable worldwide. The objective is to reduce both downtime and risk related to shut-in and restart of wells in addition to substantial cost savings.
Statoil cancels COSL Pioneer rig contractJun 25, 2015Statoil has decided to cancel the contract with COSL Pioneer some 13 months before the expiry date of August 2016.COSL Pioneer has been suspended since 8 October 2014
VARD acquires automation and control system software providerJun 25, 2015Vard Holdings Limited (VARD) has acquired ICD Software, a provider of automation and control system software for the offshore and marine sectors, via its subsidiary Seaonics.
LGO Energy upgrades resource assessment of the Goudron oil fieldJun 25, 2015The Company is pleased to announce the results of the independent review of the LGO operated Goudron Field in southeast Trinidad conducted on its behalf by
MX Oil on potential acquisition of interest in development stage projectJun 25, 2015MX Oil plc provides an update on its evaluation of an opportunity to acquire an indirect, non-operating minority interest in a substantial development stage
Lundin spuds two appraisal wells and one exploration well offshore NorwayJun 25, 2015Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS has commenced the drilling of its second Alta appraisal well in the Barents Sea South and the drilling
Faroe Petroleum commences drilling programmeJun 25, 2015Faroe Petroleum is pleased to provide an operational update as follows: drilling operations have commenced on the follow-up drilling programme to the significant Pil/Bue 2014 discoveries in the
Ascent Resources receives provisional award of IPPC PermitJun 25, 2015The Board of Ascent is pleased to announce that it received a provisional Integrated Pollution Prevention and Control Permit from the Environmental Agency
Suncor Energy completes dry well west of the Balder field in the North SeaJun 25, 2015Suncor Energy Norge AS, operator of production licence 571, has completed the drilling of exploration well 25/10-13 S. The well is dry. The well was drilled in the central part of the North Sea about
eDrilling adds Geosteering to wellSIMJun 25, 2015eDrilling is pleased to announce Geosteering capabilities have been added to their wellSIM. Responding to a need from energy companies globally with a significant number of
Woodside Petroleum offered Browse retention lease renewalsJun 25, 2015Woodside has received retention lease renewal offers for petroleum retention leases WA-28-R, WA-29-R, WA-30-R, WA-31-R, WA-32-R, TR/5 and R2, from
Unique Group to double global subsea and offshore businessJun 25, 2015Unique Group has set in place measures to double its size and global infrastructure by 2019 through capital investment, acquisitions and expansion into key markets.
PetroQuest Energy initiates production from Thunder BayouJun 25, 2015PetroQuest Energy, Inc. has initiated production from its Thunder Bayou discovery well (NRI - 37%) in Vermilion Parish, LA. The Company plans to monitor the production facility's performance
TOTAL E&P UK invest in MeteoGroup MetObserver TrainingJun 25, 2015TOTAL E&P UK has invested in meteorological awareness training with MeteoGroup, the largest independent weather services consultancy in Europe.
Lansdowne's Midleton exploration well to spud in AugustJun 25, 2015On 22 June, Lansdowne (LOGP) announced that Kinsale Energy (a subsidiary of Petronas) has contracted a rig to drill a well on the Midleton gas prospect.
MSIS boosts team to drive growthJun 25, 2015MSIS has increased its business development team in Aberdeenshire with a number of key managerial appointments as it gears up for significant overseas expansion
More than just a battery solution - the #Refulution in balancing energyJun 25, 2015REFUenergy is revolutionizing the balancing energy market with the innovative REFUrack 100 kVA inverter – a modification of the REFUrack series.
DONG Energy to build Race Bank Offshore Wind Farm in the UKJun 25, 2015DONG Energy has decided to construct Race Bank Offshore Wind Farm, located in the Greater Wash area, approximately 27 km off the east coast of Britain.
Tethys Petroleum updates funding development and explorationJun 25, 2015In May, Tethys Petroleum (TPL) announced that the proposed 50% farmdown of its Kazakhstan assets to SinoHan for $75m would no longer proceed.
PetroShale estimates current production volumesJun 25, 2015PetroShale Inc. is pleased to provide an estimate of our current production volumes. Production has commenced from 5 gross (1.3 net) wells recently completed and tied-in to gas
Nostra Terra Oil and Gas makes directorate changesJun 25, 2015Nostra Terra has appointed Mr Kristian Ewen Ainsworth, 53, as its new Non-executive Chairman with immediate effect, replacing Sir Adrian Blennerhassett, who has resigned in order to focus
Speakers announced as registrations open for 6th Global Oil & Gas Safety ConferenceJun 25, 2015A government adviser, an explorer, an HSE executive and a process engineer are the keynote speakers for this year’s OPITO Safety and Competence Conference – OSCC 2015.