Neptune awarded Kitan disconnection contractFeb 12, 2016Neptune has been awarded an air diving services contract by Technip Oceania Pty Ltd (Technip) for the Kitan disconnection project.
CGX Energy declares director resignationFeb 12, 2016CGX Energy Inc. says that the Company has accepted Mr. John Cullen's resignation as director of the Company. Mr. Cullen has resigned to allow him more time to pursue other professional opportunities.
Whitecap Resources makes 27% increase to 2015 year-end reservesFeb 12, 2016Whitecap Resources Inc. presents the results of our independent 2015 year end oil and gas reserves evaluation prepared by McDaniel & Associates Consultants Ltd.
Transocean Ltd. issues fleet status reportFeb 12, 2016Transocean Ltd. has issued a comprehensive Fleet Status Report which provides the current status of and contract information for the company's entire fleet of offshore drilling rigs.
OSD designs IMT2001 Scientific Research Vessel for TORIFeb 12, 2016Offshore Ship Designers (OSD-IMT) has signed a new contract for an IMT2001 Scientific Research Vessel for the Taiwanese Ocean Research Institute (TORI).
Pine Cliff reports more than 120% increase in 2015 year-end reservesFeb 12, 2016Pine Cliff Energy Ltd. declares its 2015 year-end reserves. Pine Cliff's independent reserve report was prepared by McDaniel & Associates Limited (McDaniel) in accordance with National Instrument
Blackstone forms partnership for offshore oil & gas drilling servicesFeb 12, 2016Blackstone has formed Clarion Offshore Partners LLC (Clarion), a new platform to provide strategic solutions to the offshore oil and gas drilling and services sector, with a financial
Technip awarded fabrication and installation contracts by Statoil in NorwayFeb 12, 2016Technip was awarded by Statoil ASA two lump sum contracts for infield pipeline construction for the Johan Sverdrup Development and the Oseberg Vestflanken 2 projects.The Johan Sverdrup field is one of the largest oil fields in the North Sea and was discovered late 2011. The first development phase is targeted to be on-stream in 2019.
DONG Energy divests 50% of the Burbo Bank Extension to PKA and the LEGO GroupFeb 12, 2016DONG Energy has signed and completed an agreement to divest 50% of the 258 MW UK offshore wind farm project Burbo Bank Extension to Danish pension provider PKA and KIRKBI A/S, parent
Rockhopper Exploration declares FEED award for surf and flexiblesFeb 12, 2016Rockhopper Exploration plc says that the FEED contract for SURF Transport and Installation has been entered into with Subsea7. In addition, the FEED contract for Flexibles has been
BP Energy Outlook: Transition to a lower carbon futureFeb 12, 2016Despite current weakness in global energy markets and the slowdown in China’s growth, demand for energy will continue to grow over the next 20 years and beyond as the world economy expands and
AGR to help Norway plan its Carbon Capture and Storage systemFeb 12, 2016AGR - a global oil and gas services and software company - has finalised a new two-year framework agreement to act as technical advisors to Norwegian state-owned Gassnova, as the country
Exillon Energy declares January 2016 production figuresFeb 11, 2016Exillon Energy plc declares unaudited production data for the month of January 2016. Average daily production was 15,094 bbl/day during the period.
88 Energy issues Icewine#1 evaluation updateFeb 11, 201688 Energy Limited updates on the evaluation of the core over the HRZ interval from the recently drilled Icewine#1 exploration well.
OSD develops new series of multipurpose tractor tugsFeb 11, 2016Netherlands-based OSD (Offshore Ship Designers) has designed a new series of high-performance tractor tugs which can be used for a wide range of functions, including escort operations,
Bhagwan Marine acquires Delta SubseaFeb 11, 2016Australian marine services provider, Bhagwan Marine, has acquired Perth-based company Delta Subsea. Delta Subsea is recognised as a subsea engineering consultancy dedicated to
Golar LNG sells Golar Tundra to Golar LNG Partners LPFeb 11, 2016Golar LNG Limited has entered into a purchase agreement to sell the Golar Tundra, a floating storage and regasification unit, to Golar LNG Partners LP for a sale price of $330.0 million.
Williams Partners to serve two gulf coast LNG export facilitiesFeb 11, 2016Williams Partners L.P. has executed long-term contracts with two shippers for Gulf Connector, a 475,000 dekatherm per day expansion of the Transco pipeline system to connect U.S. natural gas
Black Mountain Oil and Gas makes partnership with Natural Gas PartnersFeb 11, 2016Black Mountain Oil & Gas, LLC has closed a $150 million equity commitment from Natural Gas Partners through NGP Natural Resources XI, L.P., the most recent NGP private equity
Helix Energy makes amendment to credit facilityFeb 11, 2016Helix Energy Solutions Group, Inc. has amended its credit agreement to provide the Company with increased financial flexibility through the third quarter of 2017. The Amendment includes the following items:
ProSep technology selected for Statoil’s Gudrun platformFeb 11, 2016Houston-headquartered ProSep has been awarded a new contract by Statoil. The agreement, which commences in February 2016, will see the company supply its proprietary ProSalt mixer technology
Shell sells its stake in UK North Sea Maclure oil and gas field to Nobel UpstreamFeb 11, 2016Nobel Upstream, the independent UK-based exploration and production company, has signed a sale and purchase agreement to acquire a 7.59 per cent non-operated interest in the Maclure oil
MAN Diesel & Turbo MGT gas turbines consolidate market positionFeb 11, 2016Following a successful market launch, the MGT series of gas turbines is now completing its project references. In the Rehden compressor station operated by GASCADE Gastransport GmbH,
UK Subsea firms to explore opportunities down underFeb 11, 2016The UK subsea sector will have the opportunity to further bolster its international profile next month at the largest oil and gas exhibition in Australasia.