AKOFS Offshore selects Webtool Emergency Disconnection ToolFeb 3, 2016Allspeeds has supplied Webtool Emergency Disconnection Tools to AKOFS Offshore for its subsea equipment orientation system (SOES) used to install subsea trees.
Emerson helps BP Whiting Refinery avoid downtime while improving safety and reliabilityFeb 3, 2016Emerson Process Management is providing process automation technologies and services to help BP further enhance the safety, reliability, and performance of its Whiting refinery
Lundin Petroleum secures reserve-based bank financingFeb 3, 2016Lundin Petroleum has entered into a committed seven year senior secured revolving credit facility of up to USD 5.0 billion, with an initial committed amount of USD 4.3 billion.
Hydro-Lek business facilities move to Fareham, HampshireFeb 3, 2016Following the acquisition of Hydro-Lek, Saab Seaeye are pleased to announce that the Hydro-Lek business has now been transferred to Fareham and is fully operational.
Ashtead Technology publishes white paper at Subsea ExpoFeb 3, 2016Ashtead Technology is publishing a White Paper at Subsea Expo to demonstrate how a new approach to the installation and integrity management of subsea systems can significantly
Petrotechnics’ proscient software achieves certified integration with SAP® applicationsFeb 3, 2016Petrotechnics says that its proprietary software, Proscient™ version 3.0, has achieved certified integration with the SAP® ERP application, version 6.0.
Transerv Energy reports encouraging initial gas flows at Warro-6Feb 3, 2016Transerv Energy says that testing operations at the Warro-6 onshore well in WA have commenced and recorded substantial initial gas flows.
OGIC to highlight innovation at Subsea ExpoFeb 3, 2016The role that innovation will play in the future of the subsea sector will be highlighted by the Oil & Gas Innovation Centre (OGIC) at Subsea Expo this week.
Callon Petroleum declares 2015 year-end reservesFeb 3, 2016Callon Petroleum Company declared its outlook for 2016 activity and an operational update, including revised fourth quarter 2015 guidance estimates and proved reserve estimates
Sasol obtains approval for Mozambique field development planFeb 3, 2016Sasol has obtained approval from the Mozambique Council of Ministers for its field development plan (FDP) that will see further hydrocarbon resources developed to
Scottish Government support for the sector welcomed by Oil & Gas UKFeb 3, 2016Following the announcements from the UK and Scottish Governments last week of a range of support for the UK oil and gas industry, including funding of the Aberdeen
Percussion Petroleum forms partnership with Carnelian Energy CapitalFeb 3, 2016Percussion Petroleum, LLC has closed an equity commitment from Carnelian Energy Capital Management, L.P. through Carnelian's fund, Carnelian Energy Capital, L.P.
Alvopetro to spud 170(B1) well in early FebruaryFeb 3, 2016Alvopetro Energy Ltd expect to spud 170(B1) well in early February. All site construction is complete and a drilling rig has been mobilized. The 170(B1) prospect is captured
Total signs long-term agreement to supply LNG to PertaminaFeb 3, 2016Total has signed long-term liquefied natural gas (LNG) sale and purchase agreements with state-owned Indonesian company Pertamina for the supply of LNG volumes increasing from
MX Oil to sell stake in Aje Field, offshore Nigeria, for US$18 millionFeb 3, 2016MX Oil has received a proposal last month for its Nigerian investment in the proven Aje Field offshore Nigeria.The Directors believe a sale of its Nigerian investment
Petromanas Energy to sell Albanian assets to ShellFeb 3, 2016Petromanas Energy Inc. has entered into a Sale and Purchase Agreement with Shell Upstream Albania B.V., a wholly-owned subsidiary of Royal Dutch Shell plc, pursuant to which
Interra concludes drilling at YNG 3270 well in MyanmarFeb 3, 2016Interra Resources Limited says that its joint venture entity, Goldpetrol Joint Operating Company Inc. (Goldpetrol), has completed drilling development well YNG 3270 in the Yenangyaung oil field
Songa Offshore to cut 200 onshore jobsFeb 3, 2016Songa Offshore SE is now transforming from being largely a projects organization to an optimized operating organization.
GE and Statoil declared winners of open innovation challengeFeb 3, 2016GE and Statoil declared the four winners of their Open Innovation Challenge, designed to utilize crowd sourcing to find solutions that reduce fresh water in shale oil and gas production.
Chukar Waterjet unveis new SUB-JET 3000™ ROV at OTC HoustonFeb 3, 2016Chukar Waterjet, Inc. will unveil its new SUB-JET 3000™ ROV-attachable waterjet system at the OTC Offshore Technology Conference, May 2-5 in Houston.
Aker Solutions awarded two MMO contracts from ConocoPhillips in NorwayFeb 3, 2016Aker Solutions' maintenance, modifications and operations (MMO) business in Norway secured two contracts for work at North Sea fields operated by ConocoPhillips. The company received a framework agreement for a fixed period of five years to become ConocoPhillips' main supplier of maintenance and modifications work offshore Norway. The agreement may be extended by up to three years and covers work on all installations at the Ekofisk and Eldfisk fields offshore Norway, starting in February.
Mosman cancels agreement for acquisition of South Taranaki Energy projectFeb 2, 2016Mosman Oil and Gas Limited declares an update on the proposed acquisition of the South Taranaki Energy Project in New Zealand from Origin Energy Limited and on operations at Murchison.
BP realigns senior executive teamFeb 2, 2016BP has appointed Lamar McKay to the new position of Deputy Group Chief Executive. McKay, currently chief executive of BP’s Upstream segment and a 35-year veteran of BP, will be based in London and take up the role
CNOOC's two new projects commence productionFeb 2, 2016CNOOC Limited says that the Weizhou 12-2 oilfield joint development project (Weizhou 12-2) and Weizhou 11-4 North oilfield Phase II project (Weizhou 11-4 North) have recently commenced production.
