Nighthawk Energy declares 2015 productionFeb 2, 2016Nighthawk says that for the year ended 31 December 2015, gross production was approximately 654,800 barrels (536,900 net barrels) or 1,794 gross barrels per day.
Optimarin gets 2016 off to excellent start with 10 system Atlantis Tankers orderFeb 2, 2016Optimarin has consolidated its position within the EX approved ballast water treatment (BWT) segment with a 10 vessel contract from Atlantis Tankers Group and its management arm Armona Denizcilik.
BHI Rig Count: U.S. -18 to 619, Canada -19 to 231Feb 2, 2016Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. U.S. Rig Count is down 18 rigs from last week to 619, with oil rigs down 12 to
Aminex's Kiliwani North-1 well undergoing final well integrity testingFeb 2, 2016Aminex PLC updates shareholders that the Kiliwani North-1 well is currently undergoing final well integrity testing prior to first production. This follows the signing of a Gas Sales
Shell to sell its shareholding in the Shell Refining Company in MalaysiaFeb 2, 2016Shell has reached a conditional agreement with Malaysian Hengyuan International Limited (MHIL) for the sale of its 51% shareholding in the Shell Refining Company (SRC)
MES establishes new department to support FPSO chartering businessFeb 2, 2016Mitsui Engineering and Shipbuilding Co., Ltd. says that the establishment of the FPSO Business Section within the Ocean Business Promotion Department. Effective February 1, this new section will handle all operations and
Premier Oil updates on acquisition of E.ON's UK North Sea assetsFeb 2, 2016On 13 January 2016, Premier had agreed to acquire the whole of E.ON's UK North Sea assets for a net consideration of $120 million plus completion adjustments. The proposed acquisition, which will be funded from
Aquatec Group introduces new cathodic protection system at Subsea ExpoFeb 2, 2016Aquatec Group are launching a new cathodic protection system at Subsea Expo 2016. CP guardian is a fully integrated system with closed loop control, which provides both impressed current cathodic protection
Polarcus decides further cost reductionsFeb 2, 2016Polarcus further improves its cost position with the announcement of additional headcount reductions and changes to the executive management team. The expanded cost reductions are part of a longer term plan
Subsea Expo could be a record-breaker despite the industry facing tough timesFeb 2, 2016With only two days to go, Subsea Expo 2016 is set to attract its highest-ever numbers, despite the UK oil and gas industry facing the toughest period in its history.
Magnolia LNG extends binding agreement with Meridian LNGFeb 2, 2016Liquefied Natural Gas Ltd advises that its 100% owned project company, Magnolia LNG, LLC (Magnolia) and Meridian LNG Holdings Corp (Meridian LNG) have agreed to extend
IMarEST launches campaign to support seafarersFeb 2, 2016The Institute of Marine Engineering Science & Technology (IMarEST) has launched a campaign aimed at supporting seafarers in developing their skills and demonstrating their competencies.
Torchlight Energy re-entered Johnson #4 wellFeb 2, 2016Torchlight Energy Resources, Inc. says that the Company's Johnson #4 well has been re-entered and drilled laterally to approximately 2500 feet in the Austin Chalk Formation.
Cub Energy to increase ownership interest in KUBGAS up to 40%Feb 2, 2016Cub Energy Inc. says that pursuant to a letter agreement between the Company's wholly-owned subsidiary, Gastek LLC (Gastek), and Resano Trading Ltd (Resano), Gastek has revoked its notice to
Americas Petrogas acquires additional 30% interest in Bayovar ConcessionFeb 2, 2016Americas Petrogas Inc., through its Peruvian subsidiary, has acquired an additional 30% beneficial interest in the Bayovar mineral concessions 5, 6, 7 and 8 (the "Bayovar Concessions")
New PFC course cuts safety training time and costsFeb 2, 2016Whilst the current industry climate demands cost savings across all business streams, it is crucial that companies do not compromise safety measures or become complacent when it comes to safety in the workplace.
Statoil awards new helicopter contracts for Bergen and FlorøFeb 2, 2016Statoil awards Bristow Norway contracts for personnel transportation from Bergen and Florø starting on 1 May 2017.The awarded contracts will effectively ensure the safety of our transportation services.
Baron Oil completes seismic acquisition programme in Block XXI, PeruFeb 2, 2016The Board of Baron says that the onshore seismic acquisition programme in Block XXI, Peru has been successfully completed by GSS and all the equipment is off hire. The total cost of the seismic programme was US$1.9 million.
Jersey Oil & Gas implements further cost savings and salary reductionsFeb 2, 2016Jersey Oil & Gas has implemented further cost savings and salary reductions that should enable it to continue operating with its existing cash resources into 2017.
Statoil to explore offshore UruguayFeb 2, 2016Statoil Uruguay B.V. (Statoil) has agreed with Total E&P Uruguay B.V. (Total) to acquire 15% working interest in offshore exploration block 14 in Uruguay. This represents a new impact opportunity for Statoil and a new country entry. Block 14 is located in the Pelotas basin of the South Atlantic Ocean, approximately 200 kilometres off the coast of Uruguay. It covers an area of 6,690 square kilometres in water depths of 1,850 to 3,500 metres.
Supportive measures will strengthen industry emergence from downturn, says Oil & Gas UKFeb 1, 2016Welcoming the further measures to boost the UK oil and gas industry announced by the Prime Minister at a meeting with senior industry leaders, Deirdre Michie, Oil & Gas UK's chief executive,
Sterling Energy withdraws from Block C-3, MauritaniaFeb 1, 2016Sterling Energy says that its wholly owned subsidiary Sterling Energy Mauritania Limited has submitted a notice of withdrawal to its joint venture partners in relation to Block C-3, offshore Mauritania.
Lundin Petroleum declares its 2016 budgetFeb 1, 2016Lundin Petroleum declares its 2016 development, appraisal and exploration budget which totals USD 1.08 billion and represents a 26 percent decrease on 2015 capital expenditure.
Zero accidents for another year for Energean Oil & Gas offshore GreeceFeb 1, 2016Energean Oil & Gas achieved the maximum level of safety on the Prinos, Kavala offshore oil platforms, on the drilling rig Energean Force and at the onshore processing plant for a third consecutive year,
