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Company News
Repsol posts net income of 1.327 billion eurosJul 28, 2014Repsol posted net income of 1.327 billion euros in the first half of the year, an increase of 47% from the year-earlier period.
Statoil decreases net income in 2014 second quarter resultsJul 28, 2014Statoil's second quarter 2014 net operating income was NOK 32.0 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013.
Argent Energy Trust registers higher second quarter productionJul 28, 2014Argent Energy Trust report that second quarter 2014 production averaged approximately 6,373 barrels of oil equivalent per day (boe/d),
Farstad gets $282M charter contracts to supply AHTS, PSVsJul 28, 2014Farstad Shipping ASA reported the following charter contracts, valued at approximately $282 million, were awarded to the company.
Exillon's average daily production was 17,532 bbl/day in June 2014Jul 28, 2014Exillon Energy’s average daily production was 17,532 bbl/day during the month of June 2014 Average daily production for Exillon TP was 3,803 bbl/day, and for Exillon
Umbra Applied Technologies Group begins oil productionJul 28, 2014Intrepid Energy Corporation, an Umbra Applied Technologies Group company has started oil production. CEO of Umbra Applied Technologies
North Sea operator awards key contract to Asset Guardian SolutionsJul 28, 2014Asset Guardian Solutions Ltd (AGSL) has been awarded a key contract by a major North Sea operator in Aberdeen, Scotland.
Circulation Solutions appoints Jerry Beeson as CEOJul 28, 2014Circulation Solutions, LLC has appointed Jerry Beeson as chief executive officer (CEO). Based in Decatur, Texas, Beeson will oversee all corporate management functions and play
Tlou Energy temporarily discontinue pumping to conduct remediation workJul 28, 2014Tlou Energy says that the Selemo pilot pod had reached Critical (gas) Desorption Pressure (CDP) as a result of the careful dewatering process that
Iain Conn leaving BP after 10 years on the boardJul 28, 2014BP says that Iain Conn, Group Managing Director and Chief Executive, Downstream, is leaving the company and is to step down from BP’s board by
GeoPark awarded a new hydrocarbon block in the 2014 Colombia Bidding RoundJul 28, 2014GeoPark Limited expands in Colombia through the award of a new exploratory license during the 2014 Colombia Bidding Round, carried out by the Agencia Nacional de Hidrocarburos (ANH) on July 23, 2014 in Cartagena, Colombia.
Husky Energy produces steady results with production growth on targetJul 25, 2014Husky Energy advanced a strong balance of near, mid and long-term projects in the second quarter while generating higher quality returns to sustain growth.
Greenfields Petroleum announces funding the default of Baghlan Energy LimitedJul 25, 2014Greenfields Petroleum Corporation says that pursuant to the terms of the investment and shareholders agreement with respect to Bahar Energy
TGS announces two multi-client geochemical seafloor sampling and seep studiesJul 25, 2014TGS announces two multi-client geochemical seafloor sampling and seep studies offshore Canada and in the Barents Sea. Sampling locations for
U.S. Department of Energy awards Fluor 3-year contract for Paducah deactivation and shutdownJul 25, 2014Fluor Corporation was chosen by the U.S. Department of Energy (DOE) for the next phase of cleanup at the Paducah Gaseous Diffusion Plant
Trinity International Services wins £5million contract extensionJul 25, 2014Trinity International Services has gained a contract extension worth more than £5million with a major oil and gas drilling company.
PSIL expands its network in the Middle EastJul 25, 2014Process Systems International Limited (PSIL) is expanding its global network across Qatar, Kuwait, Oman and the UAE.
Whio-1 well spud, Offshore Taranaki Basin, New ZealandJul 25, 2014Cue Energy Resources Ltd (Cue) has been advised by OMV New Zealand Ltd (OMV), the Operator of permit PEP 51313, that the Whio-1 exploration
Alan Boeckmann to Join the BP BoardJul 25, 2014The board of BP has appointed Mr. Alan Boeckmann as a non-executive director with immediate effect. Mr. Boeckmann was previously Chairman and
Virtus declares completion date for final payment of its initial 36,787 acre acquisitionJul 25, 2014Virtus Oil and Gas Corporation announced final payment for its previously announced 36,787 net acre acquisition in Iron County, Utah, will be paid
N-KOM wins GDI contracts worth US110 millionJul 25, 2014Gulf Drilling International (GDI) Limited,a subsidiary of Gulf International Services (GIS) has awarded two contracts worth US110 million to Nakilat-Keppel
President Energy - Lapacho adds to Jacaranda drillingJul 25, 2014President Energy spudded the historic Jacaranda well on 16 June. Jacaranda is the first well to be drilled in Paraguay in many years and is the first in
Metgasco updates court action to lift suspension of drilling approvalJul 25, 2014Natural gas explorer Metgasco Limited provides an update on its Supreme Court action to lift the NSW Government’s suspension of its approval to
Northern Petroleum awarded two permits in ItalyJul 25, 2014Northern Petroleum has been awarded two permits in Italy. One permit, Cascina Alberto, is onshore in the Po Valley and the other, C.R149.NP, is
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