Oilex receives nod for the sale of gas from the Bhandut-3 wellDec 8, 2014Oilex Ltd has received endorsement from the Government of India for the sale of gas from the Bhandut-3 well, which is located within the
Baker Hughes announces November 2014 rig countsDec 8, 2014Baker Hughes Incorporated announce that the international rig count for November 2014 was 1,324, up 16 from the 1,308 counted in October
Lundin Petroleum makes change in Lundin Norway managementDec 8, 2014Lundin Petroleum says that the Managing Director of Lundin Norway AS (Lundin Norway) Torstein Sanness will retire from his executive position
Cluff Natural formally awarded five licences in the UK's 28th Offshore Licensing RoundDec 8, 2014Cluff Natural Resources says that further to the provisional award of promote licences in the UK’s 28th Offshore Licencing Round on 7 November 2014,
Statoil extending rig suspensionsDec 8, 2014Due to overcapacity in the rig portfolio the suspension periods for COSL Pioneer, Scarabeo 5 and Songa Trym have been extended.The suspensions are also a result of the failed attempts to mature alternative tasks for the rigs. “When the rig contracts were signed it was challenging to ensure sufficient rig capacity. Today the activity is facing lower margins, a generally high cost level and subsequent lower profitability.
Questerre Energy appoints Ted Roberts to BoardDec 5, 2014Questerre Energy Corporation has appointed Ted Roberts to the Board of Questerre. Peder Paus, Chairman of Questerre, commented, "It is with great pleasure
OCS forms joint venture with Saudi’s Zahid GroupDec 5, 2014OCS Group has formed a facilities services joint venture in Saudi Arabia with the Jeddah-based Zahid Group. The new OCS Arabia venture will be headquartered in the King
Deep Well declares preliminary results of the Sawn Lake SAGD demonstration projectDec 5, 2014Deep Well Oil & Gas, Inc. announce preliminary results of the Sawn Lake Steam Assisted Gravity Drainage (SAGD) Demonstration Project.
LGO Energy's group production totals 1,272 bopdDec 5, 2014LGO Energy says that Group production has exceeded 1,250 barrels of oil per day (bopd), with over 85 percent derived from its operations in Trinidad.
Parker completes a minority equity investment agreementDec 5, 2014Parker Hannifin Corporation has completed a minority equity investment agreement with Freedom Innovations LLC. Freedom Innovations,
Oil flow begins through Umugini pipelineDec 5, 2014Mart Resources, Inc. and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company
Oryx Petroleum updates the Demir Dagh field in the Kurdistan Region of IraqDec 5, 2014Oryx Petroleum Corporation Limited provides an update regarding development, production and sales for the Demir Dagh field in the Kurdistan
Buru Energy finds no hydrocarbon at Commodore 1 wellDec 5, 2014Buru Energy Ltd. provides the following weekly update on drilling operations at the Commodore 1 well in exploration permit EP 390 in the
IEV signs agreement for a crude oil facilities project in BangladeshDec 5, 2014Singapore's IEV Holdings Limited wishes to clarify that its associate company, IEV (Malaysia) Sdn Bhd (IEV Malaysia) has signed a Technical
Carnarvon to divest remaining oil assets in Thailand for $58.2 millionDec 5, 2014Carnarvon Petroleum Limited has entered into a Sale and Purchase Agreement (SPA) to divest its remaining 20% interest in the Thailand oil
Hoidi wins Rig Leg Fabrication contract from CMHI for a Newbuild JackupDec 5, 2014Singapore based HOIDI International Pte Ltd has been awarded a Rig Leg Fabrication & Construction Contract by China Merchant Heavy Industry,
Santos to shelve plan for fund raisingDec 5, 2014Australia’s Santos Ltd. announced that at its Nov. 26 Investor Seminar, the company noted that it was considering a potential European hybrid
Transfield Services signs new agreement with WoodsideDec 5, 2014Transfield Services has signed a master services agreement with Woodside to provide multidiscipline implementation services at the Woodside
Dejour Energy moves drill rig to WoodrushDec 5, 2014Dejour Energy Inc. updates current development progress underway at the Woodrush/Hunter Project ('Woodrush') in NE B.C.
MEO Australia completes negotiations for PSC in CubaDec 5, 2014MEO Australia Limited has completed negotiations for 100 percent participating interest in a Production Sharing Contract (PSC) in the Republic of Cuba (Cuba).
Lloyd’s Register Energy launches a joint industry projectDec 5, 2014Lloyd’s Register Energy launched a joint industry project (JIP) inviting companies from across the world to tackle the current and future issues
Egdon Resources updates timing of Wressle-1 well testingDec 5, 2014Egdon Resources plc provides an update on the timing of the testing programme for the Wressle-1 well located in licence PEDL180 to the East of
Nighthawk Energy declares details of its current crude oil hedgesDec 5, 2014Nighthawk Energy plc announces details of its current crude oil hedges. Nighthawk has recently instituted a new commodity hedging program.
ICA Fluor to build $1.3 billion coker plant in MexicoDec 5, 2014Fluor Corporation says that its ICA Fluor industrial engineering-construction joint venture with Empresas ICA, S.A.B. de C.V. signed a contract
