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News
LGX Oil + Gas initiates strategic review processFeb 4, 2016LGX Oil + Gas Inc. believes that its current share price is not reflective of the long term value within the Company's asset base, and therefore has initiated a process to consider
Patterson-UTI reports drilling activity for January 2016Feb 4, 2016PATTERSON-UTI ENERGY, INC. reported that for the month of January 2016, the Company had an average of 78 drilling rigs operating in the United States and four rigs in Canada.
Statoil awarding contracts for Oseberg Vestflanken 2, Johan Sverdrup and Gina KrogFeb 4, 2016The contracts awarded on behalf of the licence partners include marine operations, marine construction, engineering, procurement and construction (EPC) of an unmanned wellhead
Andes Energia production for December 2015 was 3,287 bpdFeb 4, 2016The Board of Andes says that Group production for December 2015 was 3,287 bpd. Argentine licences production update for the month of December 2015:
ENG Resources aims to drive costs down and boost efficiencyFeb 4, 2016A unique matchmaking service to reduce the costs of recruiting engineers for subsea projects is being launched at Subsea Expo. ENG Resources has been established to help subsea
E2S Warning Signals launches GRP IECEx & ATEX Xenon strobe beacons at CIPPEFeb 4, 2016E2S Warning Signals will launch its new GNEx GRP Xenon strobe beacons, on Booth W1002E at CIPPE 2016 in Beijing, China 29 - 31 March.
Saipem Contracting Algérie: court orders fine of €34,000Feb 4, 2016The Court of Algiers has passed sentence in the first instance of the “Sonatrach 1” trial involving Saipem Contracting Algérie, a Saipem Group company registered in Algeria,
Enerplus concludes sale of Canadian natural gas propertiesFeb 4, 2016Enerplus Corporation has completed one of the divestments announced January 11, 2016 of certain Canadian natural gas properties for cash proceeds of approximately $183 million,
AltaGas to sell non-core gas assetsFeb 4, 2016AltaGas Ltd. says that its wholly owned subsidiaries, AltaGas Processing Partnership and AltaGas Holdings Inc., have entered into an agreement with Tidewater Midstream and Infrastructure
CGG awarded survey extension Offshore ColombiaFeb 4, 2016CGG has been awarded an extension to a major 3D seismic survey it successfully completed on the Caribbean coast offshore Colombia in late 2015.
Custom Modulift subsea spreaders for major North Sea oil projectFeb 4, 2016Modulift has manufactured two custom subsea spreader beams for one of the world’s leading subsea construction companies, which is currently conducting a large-scale engineering,
OTC Asia 2016 spotlight on new technology award recipients declaredFeb 4, 2016Technological advancement is crucial to ensure offshore exploration is optimised. Regional industry players are still announcing new offshore discoveries and inking new drilling
Matrix enters into LGS licensing agreementFeb 4, 2016Matrix Composites & Engineering Ltd. has signed an exclusive worldwide licensing agreement with AMOG for the commercialization of the Longitudinally Grooved
Petro Matad completes 2D seismic acquisition programme in Block IV MongoliaFeb 4, 2016Petro Matad says that the processing and interpretation of FTG and HRAM data is ongoing and the Company is very happy with the results to date as they have allowed better definition
Deep Gas Utica well utilizes CARBO KRYPTOSPHERE LD TechnologyFeb 4, 2016CARBO Ceramics Inc. declared the successful use of KRYPTOSPHERE® LD, its ultra-conductive, low-density ceramic proppant technology, in the Utica for CONSOL Energy.
Jacobs awarded pre-FID study contract for Baltic gas projectFeb 4, 2016Jacobs Engineering Group Inc. was awarded a contract to conduct a pre-final investment decision (Pre-FID) study for the onshore gas treatment plant of the Baltic Gas Project in the Polish
Rockhopper says Ombrina Mare concession will not be awardedFeb 4, 2016Rockhopper Exploration has been informed by the Ministry of Economic Development that, following the re-introduction of the ban on exploration and production activity within 12 nautical miles
DONG Energy to build new record size offshore wind farmFeb 4, 2016DONG Energy has made a final investment decision to build the giant Hornsea Project One offshore wind farm (Hornsea) in the UK. With a capacity of 1.2 gigawatt (GW), Hornsea will on
Cue Energy discovers oil at Naga Selatan-2Feb 4, 2016Cue Energy Resources Limited advises that the Naga Selatan-2 well (NS-2) has discovered oil and is currently being suspended to allow for future production testing.
Touchstone closes sale of Kerrobert SaskatchewanFeb 4, 2016Touchstone Exploration Inc. has closed the sale of its Kerrobert facility, infrastructure and associated mineral rights. The disposition had an effective date of December 31, 2015.
Tourmaline Oil Corp. acquires Alberta Deep BasinFeb 4, 2016Tourmaline Oil Corp. has acquired assets for approximately $183 million CDN in the Minehead-Edson-Ansell area of the Alberta Deep Basin, immediately adjacent to one of
Subsea 7 awarded frame agreement offshore UKFeb 4, 2016Subsea 7 S.A. has been awarded a sizeable three-year frame agreement, with four one-year options, for six North Sea clients: Chevron North Sea Limited, Dana Petroleum (E&P) Limited, Hess Denmark APS, Nexen Petroleum U.K. Limited, Talisman Sinopec Energy UK Limited and TAQA Bratani Limited. Under this frame agreement, Subsea 7 will continue to provide Diving Support Vessel (DSV) services on a year-round basis, as well as associated project management and engineering services to over 40 facilities in the North Sea.
Northcote Energy completes infrastructure upgrades at Shoats Creek fieldFeb 3, 2016Northcote has completed the planned infrastructure upgrades at the Shoats Creek Field in Louisiana. Following the completion of the infrastructure upgrades,
Plexus' Malaysian Joint Venture Company awarded £0.9 million well orderFeb 3, 2016Plexus Holdings PLC has secured a purchase order with Talisman Malaysia Limited, which is a part of REPSOL Group, the integrated global energy group, to supply its best
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