Lundin spuds appraisal well on the Luno II discovery in the North SeaNov 12, 2013Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that drilling of appraisal well 16/5-5 in PL410
Transocean Ltd. enters into agreement with Icahn GroupNov 12, 2013Transocean Ltd. entered into an agreement with Carl Icahn and certain investment funds managed by Mr. Icahn (the "Icahn Group"). Under the terms of the
FoundOcean opens its newest office in the Middle EastNov 12, 2013FoundOcean announced its further overseas expansion with the opening of its newest office in the Middle East.
The region is a key oil and gas hub of the world” explained Jim Bell,
Expro celebrates 40th anniversary at ADIPEC with multi-million Saudi contract winNov 12, 2013Expro announced further expansion plans into Saudi Arabia following two lucrative contract wins worth $50million (US Dollars).
New oil discovery in the Norwegian Sea confirms near-field exploration successNov 12, 2013Statoil has together with partners in PL348/348B made an oil discovery in the Snilehorn prospect in the Norwegian Sea, approximately fifteen kilometres northeast
Deadline for Offshore Achievement Awards approachesNov 12, 2013Businesses have only four weeks left to enter the Offshore Achievement awards, organised by Society of Petroleum Engineers (SPE) Aberdeen section with the
Sureclean announces £2million equipment investmentNov 12, 2013International industrial cleaning contractor Sureclean has invested £2million in equipment during 2013, increasing its fleet by around 10% which has allowed the company to significantly expand its global service offering. Aberdeen and Alness-based Sureclean has made substantial investment into vacuum transfer technologies, increasing
Baker Hughes announces October 2013 rig countsNov 11, 2013Baker Hughes Incorporated announced that the international rig count for October 2013 was 1,315, up 31 from the 1,284 counted in September 2013, and up 56
Vermilion Energy announces dividend increase and 2014 guidanceNov 11, 2013Vermilion Energy Inc. announce that our Board of Directors has approved a 7.5% increase in the monthly cash dividend to $0.215 CDN per share from the current
Rialto Energy completes transaction with VitolNov 11, 2013Rialto says that its subsidiary Rialto Energy (Cote d'Ivoire) Ltd (Rialto CdI) has completed the previously announced transaction with Vitol E&P (Vitol) and also
Surge Energy to acquire $76.8 million core area crude oilNov 11, 2013Surge Energy Inc. has entered into an agreement to acquire (the "Acquisition") a high quality, low decline, operated, crude oil producing asset strategically located
BHP Billiton advise of non-participation in Cinco well and withdrawal from SC55Nov 11, 2013Otto Energy Limited has been verbally advised by BHP Billiton Petroleum (Philippines) Corporation, the Operator of Service Contract 55 (SC55) offshore the
EXMAR announce two keystone events in its Caribbean FLNG projectNov 11, 2013On 5th November, Pacific Rubiales Energy Corp. and Gazprom Marketing & Trade Limited ('GM&T') announced the execution of a Heads of Agreement ('HOA') with
WHL Energy mobilises La Bella seismic vesselNov 11, 2013Australian energy company WHL Energy Limited report that the seismic vessel the CGG Viking II has mobilised to the Otway Basin and is currently deploying its
ARC Resources approves a $915 million capital programNov 11, 2013ARC Resources Ltd. announced that its Board of Directors has approved a $915 million capital program for 2014 directed at high value oil and liquids-rich gas plays
Stork Technical Services adds to its Subsea fleetNov 11, 2013Stork Technical Services (Stork) is delighted to announce a further £2 million investment in their new daughter craft The Edradour.
Lamprell completes delivery of Caspian Sea rigNov 11, 2013Lamprell has successfully completed and delivered the first of two Caspian Sea jackup rigs to the client, marking another significant milestone for the Group.
Crosstex Energy completes construction of Phase I of the Cajun-Sibon NGL expansion projectNov 11, 2013The Crosstex Energy companies, Crosstex Energy, L.P. (the Partnership) and Crosstex Energy, Inc. (the Corporation), announced that the Partnership has
MarkWest Energy Partners completes definitive agreements with Antero ResourcesNov 11, 2013MarkWest Energy Partners, L.P. announced the completion of long-term, fee-based agreements with Antero Resources (Antero) for the development of an
Falkland Oil and Gas commences third 3D seismic surveyNov 11, 2013FOGL is pleased to announce the start of the third 3D seismic survey.The PGS Ramform Titan has commenced a 3D seismic survey over the mid-Cretaceous
Liberty Resources II LLC announces $350 million commitment led by RiverstoneNov 11, 2013Liberty Resources II LLC, a newly-formed, Denver-based oil and gas company announced a $350 million commitment, including $300 million from funds managed
BP Reveals Step-out Routes to Acetic Acid and Ethylene with all-new TechnologiesNov 11, 2013BP announced two new technologies for the production of key petrochemical feedstocks. SaaBre™ is a new route for the production of acetic acid from syngas and
Sterling Energy announces additional farmin to Odewayne BlockNov 11, 2013On 6 November 2013, Sterling Energy Plc, announced that its wholly owned subsidiary, Sterling Energy (East Africa) Limited (Sterling), had completed a farmin for
Talisman Energy to sell part of its Montney acreage for $1.5 billionNov 11, 2013Talisman Energy Inc. (Talisman) has reached an agreement to sell part of its Montney acreage in northeast British Columbia to Progress Energy Canada Ltd. for a