Royale Energy sets target of 325 million barrel oilJun 27, 2014Royale Energy, Inc. announced the results of an independent review of the prospective resource potential of two recently identified North
Petrofac and First Reserve sign Energy Infrastructure Agreement for US$1.25 billionJun 27, 2014Petrofac has entered into a Framework Agreement with First Reserve to create PetroFirst Infrastructure Partners. The new venture
Det Norske signs agreement with E.ON to swap two exploration licensesJun 27, 2014Det norske oljeselskap ASA (DETNOR) has signed an agreement with E.ON E&P Norge AS (E.ON) to swap two exploration licenses
Technip-DeepOcean PRS JV awarded frame agreement by StatoilJun 27, 2014The Technip-DeepOcean PRS Joint Venture (JV) was awarded by Statoil ASA a new frame agreement for Pipeline Repair System
Ralph Coffman jack-up rig commences drilling operations at the TAO-1 exploration wellJun 27, 2014Tangiers Petroleum Limited advise that the Ralph Coffman jack-up rig commenced drilling operations at the TAO-1 exploration well,
Statoil opens new research centre – a milestone for improved oil recoveryJun 27, 2014Minister of petroleum and energy Tord Lien opened today Statoil’s new research centre for improved oil recovery (IOR) at Rotvoll in
Perpetual Energy enters into $120 million joint venture in the East Edson AreaJun 27, 2014Perpetual Energy Inc. has entered into definitive agreements with a joint venture partner for a portion of its lands in the Edson area of
Nabors signs agreement with C&J Energy ServicesJun 27, 2014Nabors Industries Ltd. has signed a definitive agreement to combine its completion and production services businesses in the U.S. and
Madalena Energy closes acquisition in ArgentinaJun 27, 2014Madalena Energy Inc. has closed the acquisition of the Argentinean business unit of Gran Tierra Energy Inc.
Wood Group makes Directorate changeJun 27, 2014Wood Group has confirmed that Mike Straughen, Group Director HSSE, will step down from the Board on 31 August 2014.
MEO Australia expected to spud Puka-3 in late JulyJun 27, 2014MEO Australia Limited has executed a contract with Drill Force New Zealand Ltd for the drilling of Puka-3.
Kvaerner with two platform substructures to SverdrupJun 27, 2014Kvaerner and Statoil have established a frame agreement for delivery of steel jacket substructures to Statoil-operated fields. Based on this frame agreement, Statoil has signed a Letter of Intent (LoI) for Kvaerner to deliver two of the planned
Gulf Keystone's Non-Executive Director Thomas Shull has resignedJun 26, 2014Gulf Keystone Petroleum Limited says that Non-Executive Director Thomas Shull has today resigned from the Board of Directors of the Company.
GreenHunter Resources forms new hydrocarbons divisionJun 26, 2014GreenHunter Resources, Inc. has established a new hydrocarbons division, GreenHunter Hydrocarbons, LLC, a wholly-owned
Rowan updates its monthly report of drilling rig statusJun 26, 2014Rowan Companies has updated its monthly report of drilling rig status and contract information as of June 25, 2014.
Velocys acquires Pinto Energy and Ashtabula GTL projectJun 26, 2014Velocys plc (VLS.L) has acquired Pinto Energy LLC (Pinto Energy) and the Ashtabula GTL project. As its first facility, Pinto Energy is developing
EV secures £69M investment led by DunedinJun 26, 2014UK-based EV has completed a £69 million management buyout backed by Dunedin, the UK mid-market buyout house.
Marksmen Energy enters into a JV agreement with Houghton InvestmentsJun 26, 2014Marksmen Energy Inc. has entered into a joint venture agreement with Houghton Investments LLC whereby Marksmen will acquire a
Legacy Oil + Gas Inc. acquires Corinthian Exploration Corp.Jun 26, 2014Legacy Oil + Gas Inc. has acquired Corinthian Exploration Corp. (Corinthian), a private light oil company. The Acquisition represents a
Pengrowth doubles value of 2P reserves at Lindbergh projectJun 26, 2014Pengrowth Energy Corporation says that GLJ Petroleum Consultants Ltd. (GLJ) has attributed 101.0 MMbbl of 1P reserves and 229.7 MMbbl
OEG Offshore acquires OSCA Environmental Services LimitedJun 26, 2014OEG Offshore has acquired OSCA Environmental Services Limited, significantly expanding its international reach in the Caspian region.
Core Grouting Services commissions high strength grout mixing and pumping unitJun 26, 2014Core Grouting Services, an Acteon company, has successfully commissioned a new high volume, high strength grout mixing and
Wellton Energy secures opportunities worth a potential USD$45 millionJun 26, 2014Wellton Energy is celebrating a hugely successful year in 2013, during which it secured opportunities worth a potential USD$45 million
Natural gas needs to play central role in Germany’s EnergiewendeJun 26, 2014There is a large potential for Germany to cut its climate emissions in a cost-effective way through the increased use of natural gas, said