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Company News
Tower Resources provides an update on the planned Badada-1 well, onshore KenyaNov 18, 2014Tower Resources provides update regarding the planned Badada-1 well onshore Kenya (Tower 15%, Premier Oil 55% and Taipan 30%
San Leon Energy spuds the Gieraltowice wellNov 18, 2014San Leon Energy has spudded the Gieraltowice well, which is the second well being drilled in the Karpaty area in Poland.
DNV GL launches new generation of integrity management software for plantsNov 18, 2014The increasing complexity of plant production processes impacts both operational risk and business performance. By combining the best
LUX Assure appoints technical expert for key chemical monitoring product lineNov 18, 2014LUX Assure has appointed Scott Rankin as its technical expert for the company’s chemical monitoring technology, CoMic™.
Pacific Energy Development provides update on Kazakhstan assetNov 18, 2014Pacific Energy Development provides an update on the Company's pending acquisition of a 5% interest in Caspian Energy Inc. (Caspian Energy).
Statoil CEO: Oil and gas investments needed to meet future demandNov 18, 2014"The scale of the climate challenge requires us not only to ask how we can do more, but how we can achieve the most. Climate change
Paragon Offshore acquires a majority stake in Prospector OffshoreNov 18, 2014Paragon Offshore plc has acquired 52,749,014 shares of Prospector Offshore Drilling S.A., a publicly traded offshore drilling company
First Browse Basin well Pryderi-1 unsuccessfulNov 18, 2014IPB Petroleum advises that the Pryderi-1 exploration well in WA-424-P (IPB 75%, CalEnergy 25% and Operator) reached a total depth of
ROC Chairman retires from the boardNov 18, 2014Roc Oil Company Limited (ROC) says that Mike Harding has resigned from the Board of the Company with immediate effect from today.
Praj wins a $ 38 million order for oil & gas process skids for Petrobras project in BrazilNov 18, 2014Praj Industries has won an Rs.2.35 billion (US$ 38 million) order for oil & gas process skids for Petrobras, a multinational Fortune 500 Oil & Gas
Newton Energy Corporation completes sale of Newton UKNov 18, 2014Newton Energy Corporation has completed the sale all of its securities in its wholly-owned subsidiary, Newton Energy UK Limited
Halliburton and Baker Hughes to combine in stock and cash transaction valued at $34.6 BillionNov 18, 2014Halliburton Company and Baker Hughes Incorporated announced a definitive agreement under which Halliburton will acquire all the
AKITA Drilling appoints new DirectorNov 18, 2014AKITA Drilling Ltd. has appointed Henry G. Wilmot to the Company's Board of Directors effective November 14, 2014. Mr. Wilmot will
Zoltav Resources appoints non-executive directorsNov 18, 2014Zoltav has appointed effective immediately, of Andrey Komarov and Yulia Lebedina, both as non-executive directors of the Company.
Egypt Oil & Gas 2015 SummitNov 18, 2014Recently, Egypt announced companies that were awarded blocks following the country’s 2013 bidding round which received great
Chevron confirms first oil production from Tubular Bells in the Gulf of MexicoNov 18, 2014Chevron Corporation says that the Hess Corporation-operated Tubular Bells deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located 135 miles (217 km) southeast of New Orleans, in approximately 4,300 feet (1,310 m) of water in the Mississippi Canyon area. The discovery well was drilled in 2003, and project construction began in October 2011.
Marquee Energy announces record production for the third quarter of 2014Nov 17, 2014Marquee Energy Ltd. announces record production and funds flow from operations for the quarter ended September 30, 2014.
ADMA-OPCO selects Technip for the Nasr Phase II full field development projectNov 17, 2014Technip was awarded by Abu Dhabi Marine Operating Company (ADMA-OPCO) a contract for project management consultancy (PMC)
Royale Energy adds 2,000,000 cubic ft of natural gasNov 17, 2014Royale Energy, Inc. says that its McKinney well has been put into production at a stabilized rate of 1,050 MCF of natural gas per day with a
Hand-over of first modules for Petrobras’ FPSO VesselNov 17, 2014The “Consórcio Tomé Ferrostaal” (CTF) named consortium of Rheinmetall International Engineering, a joint venture of Ferrostaal and
Contact Exploration's Kakwa development continues with successful 30 day production resultsNov 17, 2014Contact Exploration Inc. announce that each of the three Contact operated wells, at 2-18-63-5 W6M (2-18), 8-20-63-5 W6M (8-20) and
RusPetro announces proposed debt restructuring and refinancingNov 17, 2014The Directors of Ruspetro announce the terms of Ruspetro's proposed Restructuring. The principal components of the Restructuring comprise:
Shoreline Energy closes the sale of its Wattenburg royalty interestsNov 17, 2014Shoreline Energy Corp. has closed the sale of its Wattenburg royalty interests for total proceeds of US$7.7 million (approximately $8.7
Tex-Mex tax focus from Johnston CarmichaelNov 17, 2014The Gulf of Mexico and Houston, Texas, have long been associated with the oil and gas industry. With opportunities to do business in
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