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Company News
Lundin spuds exploration well on the Luno II North prospectJun 18, 2015Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced drilling of exploration well 16/4-9 S on the Luno II North prospect. The Luno II discovery is located approximately 15 km south of the Edvard Grieg field in the North Sea sector of the Norwegian Continental Shelf.
Wintershall to expand natural gas production in the NetherlandsJun 17, 2015Wintershall is expanding its natural gas production in the Netherlands: the unmanned mini-platform L6-B has started to produce
AWE confirms further upside potential in Waitsia gas fieldJun 17, 2015AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, advises that wireline log and pressure data from
KNOT Offshore Partners completes acquisition of Dan SabiaJun 17, 2015KNOT Offshore Partners LP has completed its acquisition of all the ownership interests in the company that owns and operates
Austin considers sale of oil and gas property in Burleson CountyJun 17, 2015Austin Exploration has engaged Meagher Energy Advisors to conduct a tender process for a potential sale of the Company's Birch project
Ceona appoints new Chief Executive OfficerJun 17, 2015Ceona says that the company’s executive vice president commercial and business development, Mark Preece, has been appointed
PRD Energy makes management changesJun 17, 2015PRD Energy Inc. says that Mr. Edmund Watchuk, Vice President, Exploration of the Company, has chosen to retire from the
Citation successfully drills North Chapman Ranch RB #2 wellJun 17, 2015Citation Resources Limited is pleased to advise that the Russel Bevly #2 well has successfully drilled ahead to its first casing point
Ocean Signal launches rescueME EDF1 electronic distress flareJun 17, 2015Ocean Signal introduces the new rescueME EDF1, the world’s most compact electronic distress flare, to the commercial market
Absoft secures SAP support contract with Total E&P UKJun 17, 2015Absoft has secured a contract with TOTAL Exploration and Production UK Ltd, to provide SAP support services for their North Sea operations,
FX Energy commences drilling Miloslaw-4K well in PolandJun 17, 2015FX Energy, Inc. says that the Miloslaw-4K well has started drilling. The well is a planned test of a Rotliegend sandstone target at a projected
Petro Vista executes binding MOU for the sale of interest in Tartaruga blockJun 17, 2015Petro Vista Energy Corp. has entered into a binding memorandum of understanding with Maha Energy Inc. for the sale of its all
Tethys Oil commences Lithuanian drilling programmeJun 17, 2015A three well drilling programme on the Raseiniai licence onshore Lithuania has commenced. The first well, the Bedugnis-1 well,
P&A Guideline from DNV GL could save the oil and gas industry more than USD32 billionJun 17, 2015The plugging and abandonment (P&A) of offshore wells represents a significant cost to operating companies and national authorities. On the Norwegian Continental Shelf (NCS) alone, the cost is estimated to be USD108bn (NOK1870bn) over the next 40 years. Now a new DNV GL guideline will introduce a risk-based approach instead of the current prescriptive practice.
J2 Subsea opens new subsea tooling facility in HoustonJun 17, 2015J2 Subsea, an Acteon company, has opened a new subsea tooling facility at sister Acteon company, Seatronics’, subsea
Delivering improvements, estimating workforce reductionsJun 17, 2015The effort to standardise, simplify and increase efficiency across Statoil enters the next phase. The potential workforce reduction
Platts JKM™ for July-delivered LNG plunged 41.3% from year ago on poor demandJun 17, 2015Prices of spot liquefied natural gas (LNG) for July delivery to northeast Asia averaged $7.600 per million British thermal units (/MMBtu),
Unique Group and KBAT to introduce a series of health, safety & diving courses in the UAEJun 17, 2015Unique Group has recently collaborated with KBA Training Centre (KBAT) based in Singapore in order to offer a series of Health
Emerson enhances software to help operators maximize the value of reservoir assetsJun 17, 2015Emerson Process Management has launched the latest version of its reservoir modeling software, Roxar RMS™. The new version
Halliburton introduces Illusion® Frac PlugJun 17, 2015Halliburton’s Completion Tools business line introduced the Illusion® frac plug, the only fully dissolvable frac plug on the market.
Providence provides technical update on Ruadhan 3D seismic surveyJun 16, 2015Providence Resources provides a technical update on the Ruadhan 3D seismic survey in the northern Porcupine Basin, offshore west of Ireland.
Plexus awarded £3.3 million contract with Total, offshore NorwayJun 16, 2015Plexus Holdings has secured a new customer via a £3.3 million contract win with oil and gas major, Total E&P Norge AS, to supply
President completes the four well work-over programme in ArgentinaJun 16, 2015President is pleased to provide an Operational Update on its Paraguay and Argentina Assets. President has successfully completed the four well
Training: Cost cutting while remaining cutting-edgeJun 16, 2015Businesses are operating in tough economic times, with budgets being significantly cut during the current industry downturn.
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