Antigua and Barbuda pioneering in clean energy in the CaribbeanFeb 29, 2016Antigua and Barbuda’s electricity sector has just got much closer to becoming the greenest in the whole of the Caribbean. The national target to generate 20 per cent of the required
CAPE Holland successfully deploys its Vibro Lifting Tool CV-320Feb 29, 2016Earlier this month the CV-320 upending Vibro Lifting Tool (VLT-U) with was used for installation of 13 piles at the Kanaaldok B3 in Antwerpen.
Tracerco brings subsea pipeline innovation to AustralasiaFeb 29, 2016Tracerco, part of FTSE100 Johnson Matthey Plc, has brought its innovative technology to the Australasia region, permanently basing their equipment at their Western Australia facility in Perth.
Nostra Terra Oil & Gas to drill Paw Paw prospectFeb 29, 2016Nostra Terra says that in December the company declared the approval of an Exploratory Unit by the Bureau of Land Management, which creates numerous benefits such as a single commercial
SOCO to plug and abandon Baobab Marine-1 wellFeb 29, 2016SOCO International says that the Baobab Marine-1 ('BABM-1') commitment well drilled in the Mer Profonde Sud Block, located in the Lower Congo Basin, offshore the
Lonestar declares 30% increase in proved reservesFeb 29, 2016Lonestar Resources Ltd. Says that its proved reserves as of December 31, 2015 were 40.2 million barrels of oil equivalent (MMBOE), an increase of 30% over year end 2014 proved reserves of 31.0 MMBOE.
Eni’s successful exploration in EgyptFeb 29, 2016Eni has successfully drilled the 'Nidoco North 1X' well, in the exploration prospect of 'Nooros East', located in the Abu Madi West license, in the Nile Delta, Egypt.
Lukoil starts exploration at Vostochno-Taimyrsky blockFeb 29, 2016LUKOIL has started the first stage of exploration activities at the Vostochno-Taimyrsky license block in the Krasnoyarsk region ahead of time. This stage of
Subsea 7 awarded contract offshore EgyptFeb 29, 2016Subsea 7 S.A. has been awarded a major contract by BP, and partner DEA (Deutsche Erdoel AG), for the development of the Giza, Fayoum and Raven subsea fields offshore Alexandria, Egypt.
West Texas Resources acuires WI in Gregg County, Texas leaseFeb 26, 2016West Texas Resources, Inc. has completed a working interest acquisition agreement with Two Eagles Resources of White Oak, Texas. The agreement involves West Texas
BP declares director resignationsFeb 26, 2016The board of BP p.l.c. says that Mr Antony Burgmans and Mr Phuthuma Nhleko will be not be offering themselves for re-election as Non-Executive Directors at the annual
Black Platinum plans drilling for 2 East Natuna blocksFeb 26, 2016Black Platinum Energy Ltd. has plans to forge ahead with exploration and appraisal/development activities to prove up its shallow gas plays in East Natuna, offshore
ENGIE acquires OpTerra Energy ServicesFeb 26, 2016ENGIE and OpTerra Energy Services say that a member of the ENGIE Group has acquired OpTerra Energy Services and its affiliated companies.
NPD reports slight increase in the resource base on the Norwegian shelfFeb 26, 2016The NPD's estimate of total discovered and undiscovered petroleum resources on the Norwegian continental shelf has increased with 0.1 billion standard cubic metres of oil
Fluor Consortium delivers natural gas development project in BrazilFeb 26, 2016Fluor Corporation says that its consortium has met substantial completion on the Gavião Branco facility in the state of Maranhão, Brazil, turning it over to Parnaíba Gás Natural (PGN), Brazil’s leading private gas
Petro River updates on Horizon Energy Partners' farmout agreementFeb 26, 2016Petro River Oil Corp. has released an update from Horizon Energy Partners, LLC relating to a Farmout Agreement between Horizon Energy's wholly owned subsidiary, Grapevine Energy,
Canadian oil production expected to increase despite lower pricesFeb 26, 2016Despite lower crude oil prices, EIA expects Canadian oil production to continue increasing through 2017. Canadian oil sands projects that were already under construction when prices
Houston American Energy to purchase a 12.5% interest in TRLFeb 26, 2016Houston American Energy Corp. has agreed to purchase ordinary shares of Tamboran Resources Limited (TRL) for $1 million. Closing of the purchase is subject to receipt by
Coastal Contracts Bhd secures US$44m for 8 VesselsFeb 26, 2016Malaysia’s Coastal Contracts Bhd through its wholly owned subsidiaries has collectively secured contracts for the sales of three units Offshore Support Vessels (OSV) and five units low-end vessels
Canacol Energy declares Oboe 1 test resultsFeb 26, 2016Canacol Energy Ltd. says that Oboe 1, an appraisal well drilled in its Clarinete gas field on the VIM 5 Exploration and Production Contract, has tested at a maximum rate
Petrotechnics awarded contract by major US LNG operatorFeb 26, 2016Petrotechnics has been appointed by a major LNG operator to deploy its Proscient platform at the operator’s Gulf of Mexico facilities. Petrotechnics’ software will help improve operations
MISC acquires 50 % stake in Gumusut-Kakap Semi-FPSFeb 26, 2016Malaysia International Shipping Company (MISC) has entered into a conditional share purchase agreement with E&P Venture Solutions Co Sdn. Bhd. (EPV) to acquire the remaining
Expro signs subsea framework agreement with StatoilFeb 26, 2016Expro has secured a new framework agreement with Statoil Petroleum AS in the Norwegian Continental Shelf (NCS). The agreement, for three years with options to extend for three, two-year periods will see Expro provide subsea services and well control systems delivering its large bore landing string assemblies for completion, workover and intervention projects from both semi-submersibles and jack-up rigs.
Total starts up production at Vega Pleyade offshore ArgentinaFeb 26, 2016Total has started up production at the offshore Vega Pleyade gas and condensate field in the Tierra del Fuego region of Argentina. Operated by Total, the project will have a
