Gazprom outline investment program, budget and costDec 24, 2014The Gazprom Board of Directors took notice of the information about the Company's preliminary operating results for 2014, projected Investment
PTTEP receives EIA Monitoring Awards 2014Dec 24, 2014PTT Exploration and Production Public Company Limited ( PTTEP), represented by Mr. Sorasan Milindasuta, Senior Vice President, Supply Chain
Wison secures a contract of a second Floating LNG Liquefaction unit from EXMARDec 24, 2014Wison Offshore & Marine (Wison) has won a contract for the delivery of a second Floating LNG Liquefaction Unit (FLNG) from EXMAR NV (EXMAR).
Hess signs LOI with the North West Shelf to liquefy Equus gasDec 24, 2014Hess Corporation’s Australian subsidiary, Hess Exploration Australia Pty Ltd, has signed a non-binding Letter of Intent (LOI) with the North West Shelf (NWS).
Statoil optimises portfolio – realising USD 394 million from Marcellus assetDec 24, 2014Statoil has agreed to reduce its working interest in the non-operated US southern Marcellus onshore asset from 29% to 23%, following a USD 394 million
Flexlife registers increased revenue and profitDec 24, 2014Flexlife has demonstrated enhanced business growth in its annual results for the year ending 31 March 2014. This includes an increase in headline EBITDA to £1.034m and a 5% increase in
Ithaca Energy appoints Mr Roy Buchan as Chief Operations OfficerDec 24, 2014Ithaca Energy Inc. has appointed Mr Roy Buchan as Chief Operations Officer, starting 5 January 2015. Mr Buchan has over 30 years of operational experience in the oil and gas industry.
Bowleven to complete Etinde farm-out transactionDec 24, 2014Bowleven says that the Etinde farm-out transaction with LUKOIL/NewAge is at the final stage of completion. Following the Government's official approval
Lundin Petroleum completes the Storm exploration well, offshore NorwayDec 24, 2014Lundin Petroleum, through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), has completed the drilling of wildcat well 33/2-1 on PL555.
Getech achieves first orders under existing National Oil Company umbrella contractDec 23, 2014Getech says that the first orders have been placed under the umbrella contract referred to in the announcement on 4th November 2014.
Circle Oil make gas discovery in MoroccoDec 23, 2014Circle Oil has made a significant gas discovery following the preliminary results of drilling of the well KSR-12 in the Sebou Permit, onshore Morocco.
Tendeka wins two major contracts in RussiaDec 23, 2014Tendeka has won two significant contracts for the sand and inflow control technology in Russia. Tendeka is the market leader in autonomous inflow
BP and SOCAR sign an agreement to explore shallow water Absheron PeninsulaDec 23, 2014BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) has signed a new production sharing agreement (PSA) to jointly explore for and
Junex nearing the end of its swabbing/well cleanup operationsDec 23, 2014Junex Inc. is nearing the end of its swabbing/well cleanup operations at its Galt No. 4 Horizontal Well that it performed in preparation for oil production
Premier completes the sale of its non-operated interests to MOL GroupDec 23, 2014Premier Oil provides an update in relation to two previously announced asset sales which have now completed. The combined cash consideration of the two transactions is $147.5 million. Premier has completed the sale of its non-operated interests in the producing Scott, Telford and Rochelle fields to MOL Group for a cash consideration of $130 million
Huntington field to resume production at reduced rateDec 23, 2014Iona Energy Inc. has been informed that a temporary approval has been granted to resume production at a reduced rate at the field. The field is now on
Mosman Oil updates on takeover bid for MEO AustraliaDec 23, 2014The Directors of Mosman Oil and Gas Limited, the New Zealand and Australia focussed oil exploration and development company is pleased to update
Providence Resources comment on litigation with TransoceanDec 23, 2014Providence Resources notes recent press commentary regarding litigation between Providence and Transocean Drilling UK Limited, a subsidiary of
Gulf Keystone Petroleum appoints Non-Executive DirectorDec 23, 2014Gulf Keystone Petroleum Ltd. has appointed Maria Darby-Walker to the Board of the Company (the "Board") as a Non-Executive Director with immediate effect.
Brazilian MV24 project: successful commissioning of MAN compression modulesDec 23, 2014Units have taken up activity in the Brazilian Santos Basin The two compression modules on board of FPSO Cidade de Mangaratiba MV24 have been
GE’s UNIK 5000 pressure sensing platform carries INMETRO and NEPSI intrinsic safety certificationDec 23, 2014The UNIK 5000 pressure sensing platform from the Druck product line of GE Measurement & Control now carries the Brazilian INMETRO and the Chinese
Senex Energy moves to protect oil revenuesDec 22, 2014Senex Energy Limited has moved to protect the company's oil revenues by securing a floor price for oil sales from January to June 2015.
Tower Resources reaches agreement RepsolDec 22, 2014Tower Resources plc has reached agreement with the Operator, Repsol Exploration (Namibia) (Pty) Limited (Repsol), relating to the disputed costs
Multraship and Damen agree deals for three more ASD TugsDec 22, 2014Multraship and Damen Shipyards Group have confirmed an agreement for three new ASD (Azimuth Stern Drive) Tugs, all for delivery in 2015.