LR Senergy rewarded for ethical energy work in Africa
Dec 4, 2014
LR Senergy received the Best Oil & Gas Services Award at the 2014 African Achievement Awards Scotland on Friday (28th November) for the

Hoover forms partnership with First Reserve
Dec 4, 2014
Hoover Container Solutions (Hoover”) has entered into an agreement to partner with First Reserve, the largest global private equity firm

First oil from Gulf of Mexico Jack/St. Malo project
Dec 4, 2014
Oil and natural gas production started from the partner-operated Jack/St. Malo project in the US Gulf of Mexico. Statoil’s expected production from the combined fields is 23,000 barrels of oil equivalent per day at peak production.The Jack/St. Malo project in the US Gulf of Mexico is the first of five major Statoil US offshore fields that will begin production over the next few years.

The Switch permanent magnet shaft generator passes bench test
Dec 3, 2014
The Switch has successfully tested its PM shaft generator in a rigorous bench test in Vaasa. The first pair in an order of four PM shaft generators

Sunshine Oilsands appoints a Non-Executive Chairman
Dec 3, 2014
The Board of Directors of Sunshine Oilsands Ltd. has appointed Mr. Tingan Liu (a director of the Corporation since February 1, 2011 and the

Caterpillar to power four Maersk subsea service vessels with part-load optimized M 32 E engines
Dec 3, 2014
Caterpillar Marine announces that MaK™ diesel electric propulsion (DEP) solutions have been selected to power four Maersk Supply Services

Spyglass Resources to sell Red Earth property
Dec 3, 2014
Spyglass Resources Corp. has entered into a purchase and sale agreement to sell its Red Earth assets for $12.3 million (prior to normal closing adjustments).

Proserv secures significant contract with Hess Corporation
Dec 3, 2014
Proserv has secured a major contract win worth in excess of $20 million, underpinning the company's fast-evolving international footprint and

Caza Oil & Gas announces increased value in PDP and Proved reserves
Dec 3, 2014
Caza Oil & Gas, Inc. announces an increase in the value of PDP and Proved reserves in the current year as a result of its successful development

Senex Energy achieves first commercial gas sales
Dec 3, 2014
Senex Energy Limited has commenced commercial production of gas, achieving its inaugural gas sales from the Hornet field in the Cooper Basin.

President Energy agrees to modify the monies payable under sale and purchase contract
Dec 3, 2014
President Energy says that following the recent acquisition of operatorship and 100% ownership of the Puesto Guardian Concession, the

Rose Petroleum intends to raise £3.5m by way of a conditional placing and subscription
Dec 3, 2014
Rose Petroleum intends to raise £3.5m by way of a conditional placing and subscription. The Company proposes to raise £3.5m (before expenses) by way of a conditional placing

Buru Energy completes Jackaroo 3D seismic survey in WA
Dec 3, 2014
Buru Energy Ltd. (Buru Energy) disclosed that acquisition of the Jackaroo 3D seismic survey in Western Australia was completed Nov. 30.

New World enters into a Deed of Termination with Niel Petroleum SA
Dec 3, 2014
New World Oil and Gas has entered into a Deed of Termination, Waiver and Release with Niel Petroleum SA (the 'Deed') terminating the

Andes Energia successfully complete oil production test of VG x-1 well
Dec 3, 2014
Andes Energia has successfully completed an intervention operation on the VG x-1 well, testing the Vaca Muerta formation, which is currently

Oilex completes Cambay-77H production test
Dec 3, 2014
Oilex Ltd has completed the Cambay-77H production test on 29 November 2014. The instrumentation deployed downhole to record pressure

Victoria Oil & Gas appoints John Bryant as an independent non-executive director
Dec 3, 2014
The Board of Directors of Victoria Oil & Gas has appointed John Bryant as an independent non-executive director of the Company with effect

KBC wins a two year contract from a South American oil and gas company
Dec 3, 2014
KBC is pleased to announce a two year contract award from a South American oil and gas company. This contract constitutes an expansion and

Tethys Petroleum announces strategic focus over the next 12 months
Dec 3, 2014
Tethys Petroleum Limited provide an update to shareholders on the current operations, forward plans and the strategic focus of the Company

EMGS signs multi-client agreement with Statoil
Dec 3, 2014
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with Statoil ASA worth USD 10 million for the provision

Egdon Resources completes acquisition of Yorkshire Exploration Limited
Dec 3, 2014
Egdon Resources has completed the acquisition of the entire issued share capital of Yorkshire Exploration Limited (YEL). YEL is a private

Lamprell to dispose of Litwin Service business
Dec 3, 2014
Lamprell has entered into an agreement for the sale of one of its smaller non-core service businesses, Litwin PEL LLC ('Litwin'), to Nauvata group

JKX gas sales to drop following Ukrainian decree
Dec 3, 2014
The Ukrainian Government issued a decree on 29 November 2014 directing major industrial buyers to acquire their gas solely from the Ukraine

CGX Energy announces settlement agreement with Repsol
Dec 3, 2014
CGX Energy Inc. announce the settlement of the claims brought against Repsol Exploración, S.A. (Repsol) relating to the joint operating agreement