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Company News
BTI Energy and Northern Power Systems bring ideal wind technology to small businessesJan 1, 2015Northern Power Systems, and BTI Energy are partnering to install multiple wind turbines across the U.S. Northern Power's NPS 100-24 turbine features a newly optimized rotor configuration which allows for higher annual energy production and gives BTI Energy the ability to install quality wind turbines for
KrisEnergy receives green light for Indonesia gas projectDec 31, 2014KrisEnergy Ltd. says that the Government of Indonesia has approved the plan of development (POD) for the Lengo gas field in the Bulu production
Range Resources updates Trinidad operationsDec 31, 2014Range is making significant progress on the proposed waterflood programmes in Trinidad with its strategic partner LandOcean Energy Services Co, Ltd (LandOcean).
Jupiter Energy drilling update for Well 19Dec 31, 2014The Board of Jupiter Energy Limited provides the following drilling update. Well 19 was spud on Friday 26 December 2015. The well is being drilled on the East Akkar field
BP reports first oil from Kinnoull field in central North SeaDec 31, 2014BP, on behalf of the Kinnoull field co-venturers, has started production from the Kinnoull field in the central North Sea. Kinnoull is BP’s seventh and final
MarineCo orders newly designed Damen Multi Cat 2712Dec 31, 2014MarineCo UK has contracted Damen Shipyards Group for a Multi Cat 2712. The vessel will be delivered in April 2015. Mr. Mike Conafray, Managing
Cargotec's MacGregor secures large subsea crane order from ZPMCDec 31, 2014MacGregor, part of Cargotec, has received a large order from Shanghai Zhenhua Heavy Industry Co Ltd (ZPMC). The contract is for four offshore cranes,
Halliburton opens new facility in South AustraliaDec 31, 2014Halliburton has officially opened a new base at Regency Park, South Australia, to service its customers in the state’s growing energy sector.
Breitling Energy has positive drilling results in New Wilcox Sands ProjectDec 31, 2014Breitling Energy Corporation recently announced participation in the New Wilcox Sands Project. The Company is participating in the Jackson Prospect with Frank Davis Exploration Company,
Empyrean Energy Interim Report shows 86% increase in net profitDec 31, 2014Empyrean Energy provides its Interim Report for the six months ended 30 September 2014. 32% increase in revenue to US$7,911,000 (30 September 2013: US$6,007,000)
BG Group and Petrobras submit declaration of commerciality for the Iara AreaDec 31, 2014BG Group says that its partner Petróleo Brasileiro S.A. (Petrobras), as the operator of block BM-S-11 in the pre-salt Santos Basin, has submitted the
Lundin completes the Lindarormen exploration well, offshore NorwayDec 31, 2014Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, has completed the drilling of wildcat well 6405/12-1 on PL584. The well
Seadrill purchases the ultra-deepwater drillship "West Polaris"Dec 31, 2014Seadrill Limited has exercised a purchase option for the West Polaris, a 6th generation Ultra-Deepwater drillship, from Ship Finance International Limited (Ship Finance). The West Polaris was acquired by Ship Finance in 2008 and subsequently bareboat chartered to Seadrill with purchase options commencing in 2012.
EMGS reports sales from the multi-client library in BrazilDec 30, 2014Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 1.8 million for the
President Energy updates Paraguayan drilling campaignDec 30, 2014President's 2014 drilling campaign marks a huge achievement, having unequivocally demonstrated the presence of previously unknown Paleozoic
Tap Oil gets time to acquire stake in permit VIC/P67Dec 30, 2014Australian energy company WHL Energy Limited has agreed to grant an extension to Tap Oil Ltd (TAP) for the election date of the seismic option to
India's L&T Hydrocarbon Engineering wins order for Offshore Vasai East projectDec 30, 2014L&T Hydrocarbon Engineering (LTHE), a fully owned subsidiary of India's Larsen & Toubro, has bagged an offshore contract valued at $140.4 million
Otto Marine sells AHTS for $100 millionDec 30, 2014Otto Marine Limited says that its shipyard has, through one of the Company’s wholly-owned subsidiaries sold an Anchor Handling Tug Supply Vessel,
Keppel AmFELS wins $100M deal to build onshore drilling rigDec 30, 2014Keppel AmFELS LLC, a U.S.-based wholly-owned subsidiary of Singapore's Keppel Offshore & Marine Ltd. (Keppel O&M), has won a contract valued at
Swissco's Finance Executive misappropriates $2 millionDec 30, 2014Swissco Holdings Limited has discovered that an aggregate amount of approximately S$2.58 million (the “Misappropriated Funds”) was misappropriated
Rosneft and Petrocas create a logistics and retail Joint VentureDec 30, 2014Rosneft has entered into definitive documentation to acquire 49% stake in Petrocas Energy International Limited (Petrocas), creating the joint venture
Dragon Oil make second oil discovery at 'Block 9', IraqDec 30, 2014Dragon Oil advises that Kuwait Energy, Dragon Oil's partner in Block 9, Iraq (Dragon Oil 30% interest), issued the following update on the exploration
Wentworth Resources completes Tembo-1 exploration well drillingDec 30, 2014Wentworth has completed drilling operations of the Tembo-1 well and a natural gas discovery has been made in Cretaceous aged sands.
Sedco Express arrives at CAMAC Energy's Oyo FieldDec 30, 2014CAMAC Energy Inc. says that the semi-submersible drilling unit, Sedco Express, has arrived to the Oyo Field located in OML 120 offshore Nigeria.
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