Viking Venture invests in oil service company 4Subsea AS
Jul 7, 2014
Viking Venture has acquired 40% of the shares in 4Subsea AS, headquartered in Asker, Norway. 4Subsea provides monitoring

Exprodat supports Esri Petroleum User Group at UC 2014
Jul 7, 2014
Exprodat is supporting the forthcoming Esri User Group meeting in San Diego by sponsoring the Petroleum User Group social event

Lundin Petroleum sells interest in PL359, offshore Norway
Jul 7, 2014
Lundin Petroleum through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has entered into an agreement to sell an

Stratnor signs crude oil supply agreement with Enterprise Products Partners, L.P.
Jul 7, 2014
Stratnor (Strategic Northern) has entered into an agreement to supply crude oil to Enterprise Products Partners, L.P. Cargoes are to be

Sasol, ENH and Eni announce pre-feasibility study for large-scale gas-to-liquids facility in Mozambique
Jul 7, 2014
Sasol Limited announce a joint pre-feasibility study for a large-scale gas-to-liquids (GTL) plant, which will be based on gas from the

Memorial Production Partners appoints Robert L. Stillwell, Jr. as Vice President, Finance
Jul 7, 2014
Memorial Production Partners LP has appointed Robert (Bobby) L. Stillwell, Jr. as Vice President, Finance of the general partner of

Petroceltic International makes Board changes
Jul 7, 2014
Petroceltic has made a number of changes to the Board of the Company with immediate effect.

Arsenal Energy averaged approximately 4,700 boe/d of production for the month of June
Jul 7, 2014
Based on field estimates Arsenal Energy averaged approximately 4,700 boe/d of production for the month of June.

Strata Oil releases details on cold production assessment for Cadotte West Land Block
Jul 7, 2014
Strata Oil & Gas Inc. announce results from its study to further assess the primary heavy oil production potential of its 100%-owned

Jupiter Energy gets approval of the preliminary West Zhetybai reserves
Jul 7, 2014
Jupiter Energy Limited advise that the relevant Kazakh State Bodies have approved the Preliminary Reserves Report for the West Zhetybai field.

Statoil to suspend its contract with Saipem for the rig Scarabeo5
Jul 7, 2014
Owing to overcapacity in its rig portfolio, Statoil will suspend its contract with Saipem for the rig Scarabeo5 from the autumn of 2014.

Magnum Energy appoints new President
Jul 7, 2014
Magnum Energy says that Richard Nemeth, president & CEO has submitted his resignation to the board of directors to address chronic

Xcite Energy enters into a Memorandum of Understanding with Aibel AS
Jul 7, 2014
Xcite Energy’s fully owned subsidiary, Xcite Energy Resources Limited (XER), has entered into a Memorandum of Understanding

Chariot signs farm-out agreement with a wholly owned subsidiary of Woodside
Jul 7, 2014
Chariot Oil & Gas Limited says that its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd., has signed a farm-out

PetroNeft Resources completes the Licence 61 farmout to Oil India Limited
Jul 7, 2014
PetroNeft has completed the Licence 61 Farmout to Oil India Limited (OIL). Drilling to re-commence at Licence 61 this month as part

Dejour Energy closes Woodrush acquisition
Jul 7, 2014
Dejour Energy Inc. has closed on its previously announced production acquisition of a further 24% Working Interest in its legacy

Seadrill and SapuraKencana's PLSV starts Petrobras job
Jul 7, 2014
Seadrill Limited and SapuraKencana Petroleum Berhad’s jointly owned entity Sapura Navegação Marítima (SNM) has commenced operations of its first pipe-laying support vessel (PLSV) - Sapura Diamante - for Petroleo Brasileiro S.A., Brazil, (Petrobras).

McDermott completes Ayatsil-B drilling platform in Bay of Campeche
Jul 4, 2014
McDermott International, Inc. has successfully completed the Ayatsil-B Drilling Platform for PEMEX Exploración y Producción in the Bay

Deep Well acquires and cancels potential royalty claim
Jul 4, 2014
Deep Well Oil & Gas, Inc. has acquired and cancelled 5.5% of a purported 6.5% overriding royalty interest claim on certain lands it owns

The Switch to be acquired by Yaskawa Electric Corporation
Jul 4, 2014
Yaskawa Electric Corporation (Yaskawa) has signed a definitive agreement to acquire The Switch, a supplier of megawatt-class

Newton Energy Corporation to sell Newton UK
Jul 4, 2014
Newton Energy Corporation has entered into a term sheet with Hutton Energy Plc (Hutton) to sell 100% of its wholly-owned subsidiary,

Hurricane demobilises Transocean Sedco 712 semi-submersible drilling unit
Jul 4, 2014
Hurricane Energy plc successfully demobilised the Transocean Sedco 712 semi-submersible drilling unit from the Lancaster horizontal

Hanssen oil discovery in Barents Sea, offshore Norway
Jul 4, 2014
Tullow Oil says that the Hanssen wildcat well, in production licence 537, offshore Norway, has encountered a 20-25 metre oil bearing

Portfolio adjustments in Angola
Jul 4, 2014
Statoil is divesting equity in blocks 38 and 39 in the Kwanza basin offshore Angola. “The transactions are part of Statoil’s continued