Victoria Oil & Gas acquires 75% interest in Matanda BlockFeb 19, 2016Victoria Oil & Gas Plc, has reached an agreement with Glencore Exploration Cameroon Limited and Afex Global Limited on the Matanda Block a large hydrocarbon licence in Cameroon.
Xcite Energy gets Bentley licence extensionFeb 19, 2016Xcite Energy says that following discussions with the Oil & Gas Authority, the Secretary of State for the Department of Energy and Climate Change has extended the P.1078 licence containing the Bentley field until 30 June 2017.
Petroceltic completes sale of Egyptian exploration interestsFeb 19, 2016Petroceltic International plc has completed the sale of certain exploration licences in Egypt to its joint venture partner Edison International S.p.A.
Tullow Oil to change operating procedures on Jubilee Field FPSOFeb 19, 2016Tullow Oil has informed the Government of Ghana and its Partners of a change to operating procedures at the Jubilee field FPSO.
ERHC Energy issues update on exploration plans for Kenya Block 11AFeb 18, 2016ERHC Energy Inc. issued the following update on exploration progress in Kenya Block 11A as well as other matters from Dr. Peter Ntephe, president and chief executive officer.
Savannah Petroleum signs seismic framework contractFeb 18, 2016Savannah Petroleum has signed a framework contract with BGP Niger SARL for the provision of 2D and 3D land seismic acquisition services in respect of the R1/R2 and R3/R4 PSC license
Statoil’s Mariner project to be discussed at Joint Industry EventFeb 18, 2016In a low oil price environment it is more important than ever for collaboration between disciplines to deliver value, as well as inspiring the next generation of geoscientists and engineers.
Alistair Maclenan is new chair of UKGeoForumFeb 18, 2016Alistair Maclenan was recently selected to be the new Chairman of the UKGeoForum. Taking over from Eric Zeevan of Canary Wharf Group plc, Alistair will Chair
Wentworth Resources makes Directorate changeFeb 18, 2016Wentworth declares the resignation of Non-Executive Director, Richard Schmitt, with immediate effect, in order to allow Mr. Schmitt to pursue his other business opportunities.
Gazprom taking comprehensive cost optimization measuresFeb 18, 2016The Gazprom Board of Directors took notice of the information about the cost optimization (reduction) trends across Gazprom Group in 2016.
Emerald Bay receives an additional four well drill commitmentFeb 18, 2016Emerald Bay Energy Inc. has received an additional four-well drilling commitment through its partnership with Alliance Petroleum Interests, bringing the total number of new wells in development
Solo Oil says oil continues to flow from Horse Hill-1Feb 18, 2016Solo notes that UK Oil and Gas plc have released a further announcement that light (40 degree API) dry oil has continued to flow naturally at a stabilised rate of over 450 barrels of oil per day from the
Gulf Stream Marine expands into LouisianaFeb 18, 2016Gulf Stream Marine has declared its expansion into Louisiana. Gulf Stream Marine expects to begin operations in Lake Charles immediately.
Samson Oil & Gas updates status of Foreman Butte acquisitionFeb 18, 2016As previously announced, Samson Oil and Gas USA Inc (a wholly owned subsidiary of Samson Oil and Gas Limited) entered into a contract to acquire oil and gas leases, producing oil and gas wells,
Emerson to help Cameron LNG deliver complexFeb 18, 2016Emerson Process Management has been tapped by Cameron LNG to help automate its new liquefaction project, adding three LNG trains to facilitate export of domestic natural gas to international markets.
Diesel fuel retail price falls below $2.00 per gallon for first time since 2005Feb 18, 2016EIA's weekly survey of diesel prices shows that the U.S. average retail price for on-highway diesel fuel was $1.98 per gallon (gal) on February 15, falling below $2/gal for the first
Northcote Energy initiates asset sales processFeb 18, 2016Northcote Energy says that over recent months, the Company has been in discussions with various parties who have expressed interest in acquiring its Oklahoma Portfolio.
Senex Energy declares 2016 half-year guidanceFeb 18, 2016Senex Energy Limited expects to recognise the following significant items in its 2016 half year accounts: Gain on sale of the Maisey block of approximately $38 million
SacOil commences 2D seismic data acquisition over Block III, Albertine GrabenFeb 18, 2016With the granting of a two-year extension to current exploration period of Block III by the Minister of Hydrocarbons of the Democratic Republic of Congo, Total E&P RDC as operator of Block III, has
E-learning business adapts to suit current climateFeb 18, 2016An Aberdeen based e-learning business has launched their new website reflecting their understanding of the change in the current economic climate.
Mintra combines with Norwegian OCS HR to form global teamFeb 18, 2016Mintra Training Portal has joined forces with Norwegian software firm OCS HR as part of ambitious growth plans. It is the latest development in the Mintra story. In 2014
Statoil cancels contract with sub-leased rigFeb 18, 2016Statoil has decided to cancel the contract with Maersk Gallant.The Maersk rig has been on contract with Statoil for two years, since 21 August 2014, and since 9 October it has been
Statoil agrees farm-in with OMV in New ZealandFeb 18, 2016Statoil has agreed with OMV to acquire a 30% working interest in Petroleum Exploration Permit (PEP) 57073. This will further strengthen Statoil’s position in New Zealand. The permit covers an area of 9,800 square kilometres in the East Coast Basin, and sits in water depths of 1,000-2,000 metres. OMV will remain the operator with 70% working interest. The transaction is subject to regulatory approval.
Technip to provide Dorr Oliver FluoSolids® roasting system for KGHM in PolandFeb 17, 2016Technip was awarded a contract by KGHM(1) to provide engineering and procurement services for a 480 metric ton per day Dorr Oliver FluoSolids® roaster system for the Glogow I Copper