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News
Optimarin to retrofit world’s only purpose built monohull accommodation vesselFeb 16, 2016Optimarin has won a contract to install its Optimarin Ballast System (OBS) on Østensjø Rederi’s Edda Fides, the world’s only purpose built monohull accommodation vessel.
OMV initiates process to sell OMV Petrol OfisiFeb 16, 2016OMV initiates a process to sell up to 100% of its wholly owned subsidiary OMV Petrol Ofisi A. S., a company in the Turkish oil products retail and wholesale market.
Statoil strengthens its position in UruguayFeb 16, 2016Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, deepening its position in Uruguay.
Bhagwan Marine secures contract in Russia's Far EastFeb 16, 2016Dynamic Australian marine services provider, Bhagwan Marine (BM), this week signed off on a multi-year, multi-vessel contract to provide marine support to American company Foss Teras Marine on a major
Baker Hughes releases weekly rig countsFeb 16, 2016Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. U.S. Rig Count is down 30 rigs from last week to 541, with oil rigs down 28 to 439, and
Expro appoints Mike Jardon as Chief Executive OfficerFeb 16, 2016Expro has appointed Mike Jardon as Chief Executive Officer, succeeding Charles Woodburn, in this key leadership role.
Tap Oil estimates Manora's reserves in the Gulf of ThailandFeb 16, 2016Tap Oil Limited releases the estimation of the Manora reserves and resources in the Gulf of Thailand as at Dec. 31, 2015 undertaken by Netherland, Sewell & Associates, Inc. (NSAI),
Forsys Subsea awarded subsea FEED contract for Trestakk field development with StatoilFeb 16, 2016Forsys Subsea, the joint venture between FMC Technologies and Technip, has been awarded a contract from Statoil to provide a subsea front-end engineering and design (FEED) study for subsea
Greka Drilling secures contract from Essar for Raniganj blockFeb 16, 2016Greka Drilling Limited signed a new contract to provide drilling services to Essar Oil Limited (Essar) on the Raniganj East Block in West Bengal, India.
SPIE secures two service agreements in the Middle EastFeb 16, 2016SPIE Oil & Gas Services says that its subsidiary SPIE Oil & Gas Services Middle East LLC has secured two four-year service agreements with Dolphin Energy Limited in the State of Qatar.
NUTECH partners with WellDatabase, introduces NuQuestFeb 16, 2016NUTECH has partnered with WellDatabase to launch NuQuest, the industry’s first comprehensive and intuitive digital platform providing standard well data coupled with corresponding reservoir
Decom North Sea calls for industry experienceFeb 16, 2016This week, Decom North Sea (DNS), the representative body for the offshore decommissioning industry, puts out an important call to action for any business currently involved in the decommissioning sector.
Sound Energy commences ground works on Tendrara licenceFeb 16, 2016Sound Energy has commenced the ground works on site at the Company's Tendrara licence area and all contracts have now been awarded for the first well.
Egdon commences drilling operations at Laughton-1 welllFeb 16, 2016Egdon Resources has commenced drilling operations at the Laughton-1 exploration well in UK Onshore Licence PEDL209 located in Lincolnshire.
New World Oil & Gas to reduce further the Company's cost baseFeb 16, 2016On 19 November 2015, the Company declared that all of the resolutions proposed at its general meeting were passed by shareholders, principally in connection with the strengthening of the board.
Official programme released for Biennial industry eventFeb 16, 2016Sand production can be a major challenge for oil and gas operators, causing significant financial losses (running to billions of dollars annually), and causing asset failure with drastic consequences.
OpenLink signed by Switzerland-based energy provider, MET InternationalFeb 16, 2016OpenLink says that MET Group has chosen OpenLink to manage its cross-border, multi-commodity energy trading risk management and REMIT reporting.
New recommendations for novel materials in renewable energyFeb 16, 2016Following the landmark climate accord in Paris, the world is looking to a rapid upscaling of wind and solar energy in the energy mix in the coming decade and beyond. This will only be made possible, says DNV GL, with concomitant developments in materials, including: alternative semiconductor material in photovoltaics (e.g. halide perovskite), new PV module coatings, materials and coatings for the harsh conditions of CSP and thermal energy storage,
Stephen W. Green named President of Chevron Asia Pacific Exploration and ProductionFeb 15, 2016Chevron Corporation named Stephen W. Green president of Chevron Asia Pacific Exploration and Production effective April 1, 2016.
Rosneft and BP obtain regulatory approvals to dissolve the German JVFeb 15, 2016Rosneft has obtained the approval to dissolve the Ruhr Oel GmbH (ROG) Joint Venture from the German Federal Ministry of the Economy and Energy (Bundesministerium für Wirtschaft und Energie).
Premier Oil terminates drilling contract with Ocean Rig UDWFeb 15, 2016Premier and Noble Energy entered into a contract with Ocean Rig UDW on 3 June 2014, for the provision of the Eirik Raude drilling unit for an exploration drilling campaign in the Falkland Islands.
Noble Corporation declares settlement with Paragon OffshoreFeb 15, 2016Noble Corporation declared a settlement agreement in principle with Paragon Offshore plc, the company spun-off by Noble in 2014, following the public announcement by Paragon
Petsec Energy appoints VP Technical of Middle Eastern subsidiaryFeb 15, 2016Petsec Energy Ltd has appointed Mr. John Rees as Vice President Technical of the Company's wholly owned subsidiary, Petsec Energy (Middle Eastern) Limited.
TransCanada plans $42 billion in near-term, long-term capital projectsFeb 15, 2016TransCanada Corporation was stung by denial of a U.S. presidential permit for the Keystone XL Pipeline, but still plans to spend C$58 billion ($42 billion) on capital projects through 2019 and beyond,
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