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Company News
Parkmead raises US$21.1 million to accelerate opportunitiesMay 19, 2015Parkmead has raised approximately US$21.1 million (£13.44 million) through a placing of 11,200,000 new Ordinary Shares (the 'Placing Shares'
AVEVA signs new multiyear agreement with Aker Solutions for AVEVA Everything3DMay 19, 2015AVEVA has entered a multiyear agreement with Aker Solutions for AVEVA Everything3D (AVEVA E3D). The Norwegian oil service company
GE’s technology helps CEPSA enable Spain’s oil refinery to meet emissions standardsMay 19, 2015To meet environmental emissions restrictions without reducing efficiency or increasing operational costs, Compañia Española de Petróleos (CEPSA)
Dana Petroleum awards contract to Asset Guardian SolutionsMay 19, 2015Asset Guardian Solutions Ltd (AGSL) has secured a key contract with oil and gas operator Dana Petroleum. The contract requires AGSL to implement and support Asset Guardian, a software solution that helps to secure the integrity of process software and the mission critical processes that it controls. Single secure repository improves workflow, protects software integrity
Petrobras makes another pre-salt oil production recordMay 18, 2015Petrobras has announced that on April 11, 2015, oil production in the fields it operates in the pre-salt province of the Santos and Campos basins
Renewable NRG Systems introduces SymphoniePROMay 18, 2015Renewable NRG Systems (RNRG) has launched a new data logger that is specifically engineered to improve the performance of wind and
TruStar Energy teams up with DL Withers to build CNG Fueling Station for City of TucsonMay 18, 2015TruStar Energy, in conjunction with Arizona-based D.L. Withers Construction, is excited to announce the award to refurbish the City of Tucson’s existing
Malaysian Prime Minister opens AOGCMay 18, 2015The 18th Asia Oil and Gas Conference (AOGC) got underway in Kuala Lumpur today. Over the next two days attendees are set to hear from global oil and gas industry leaders, and
Tethys Petroleum closes US$7.5 million convertible loanMay 18, 2015Tethys Petroleum Limited has signed and closed a binding agreement for a US$7.5 million convertible loan facility. Financing: Unsecured convertible loan facility
Victory Energy terminates proposed business combination with Lucas EnergyMay 18, 2015Victory Energy Corporation will not proceed with the proposed business combination (the "Merger") with Lucas Energy, Inc. (Lucas), which
Icon Energy declares new exploration program in the Cooper-Eromanga BasinMay 18, 2015Icon Energy has announced the renewal of ATP 594 by the Department of Natural Resources and Mines, with a grant date of 17 April 2015.
Lion Energy continues testing of Lofin-2 despite operational resultsMay 18, 2015Lion Energy Ltd advises that Lofin-2 appraisal well has reached a depth of 5861m MD. Gas chromatography and oil shows in the primary
Suncor Energy drills dry well during oil discovery delineationMay 18, 2015Suncor Energy Norge AS, operator of production licence 375, has completed drilling of appraisal well 34/4-14 S in the oil discovery 34/4-11.
APPEA Board appoints new Chief ExecutiveMay 18, 2015The Chairman of the Australian Petroleum Production & Exploration Association, Bruce Lake, is pleased to announce the appointment of Malcolm Roberts
FMC Technologies appoints Douglas Pferdehirt as PresidentMay 18, 2015FMC Technologies, Inc. says that its Board of Directors has appointed Douglas J. Pferdehirt president of the company. Pferdehirt assumes
Erin Energy receives government approval for license extension in The GambiaMay 18, 2015Erin Energy Corporation has received executive approval to extend the initial exploration period for blocks A2 and A5 in The Gambia by 24 months
OMV plugs and abandons dry well near Wisting oil discoveryMay 18, 2015OMV (Norge) AS, operator of production licence 537, is in the process of concluding the drilling of wildcat well 7324/8-2. The well was drilled about 6 kilometres southeast of oil discovery 7324/8-1 'Wisting' in the Barents Sea and 310 km north of Hammerfest. The purpose of the well was to prove petroleum in reservoir rocks from the Middle Jurassic to Late Triassic Age (the Stø and Fruholmen formations).
Baron Oil signs Block XXI seismic contractMay 18, 2015Baron Oil’s local Subsidiary, Gold Oil Peru SAC, has signed a seismic contract with GSS, a Houston based seismic contractor, to acquire, process
AWE spuds Waitsia-1 appraisal wellMay 18, 2015AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, has advised that the Waitsia-1 appraisal well commenced drilling
Vince Catanzaro, VP Operations East at Atlas Copco retires after 42 years of serviceMay 18, 2015Vince Catanzaro has worked in various departments and held key roles during his career with Atlas Copco. After 42 years of dedicated service,
EnQuest increases 20% production at the end of April 2015May 18, 2015Production averaged 30,768 Boepd for the four months to the end of April 2015, up 20.2% on the same period in 2014. Full year 2015 production
MEO renews AC/P50 & AC/P51 permits, offshore AustraliaMay 18, 2015MEO Australia has accepted an offer from the National Offshore Petroleum Titles Administrator (NOTPA) to renew the AC/P50 and AC/P51 exploration
The Arabian Sea Region Oil & Gas 2015 to start next weekMay 18, 2015The Arabian Sea Region Oil & Gas 2015 Summit takes place on 26th-27th May at the 5* InterContinental Hotel in Muscat, Oman. The global Summits organiser,
Borders & Southern upgrade on its Darwin Gas condensate discoveryMay 15, 2015Borders & Southern provides a technical update on its Darwin Gas Condensate Discovery and near-field prospectivity. The Company has completed a comprehensive seismic
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