ScanTech Offshore’s new Heat Exchangers deliver unrivalled performanceFeb 1, 2016ScanTech Offshore can now provide the well test industry with Heat Exchangers that surpass anything that is currently available. With a 5” large bore, 10,000psig and a 20ft ISO high cube frame,
Holloman Energy to continue exploration of PELs 112, 444 in Cooper BasinFeb 1, 2016Holloman Energy Corporation and its Joint Venture partners plan to continue to explore Petroleum Exploration Licenses (PEL) 112 and 444 in Cooper Basin, South Australia. PEL 112 is in
TransCanada files for ANR Pipeline rate revisionFeb 1, 2016TransCanada Corporation reveals that its ANR Pipeline Company (ANR) submitted a filing with the Federal Energy Regulatory Commission (FERC) under Section 4 of the Natural Gas Act (NGA)
Providence completes initial interpretation of Frontier exploration licenceFeb 1, 2016Providence Resources releases a technical update from the Ruadhan 3D seismic survey. This survey, which was acquired in 2014, covers Frontier Exploration Licence (FEL) 1/14,
Intelsat 29e, the first Intelsat EpicNG Satellite, successfully launched into orbitFeb 1, 2016Intelsat S.A. says that Intelsat 29e, the first of the Intelsat EpicNG high throughput satellites, was launched successfully from French Guiana aboard an Ariane 5 vehicle.
Polymer aerogel technology targets oil and gas pipeline applicationsFeb 1, 2016Collaboration between US company Blueshift, the University of Strathclyde and the Oil & Gas Innovation Centre (OGIC) has helped to accelerate the development of a new aerogel product
Chevron reports fourth quarter loss of $588 million and 2015 earnings of $4.6 billionFeb 1, 2016Chevron Corporation reported a loss of $588 million ($0.31 per share – diluted) for fourth quarter 2015, compared with earnings of $3.5 billion ($1.85 per share – diluted) in the 2014 fourth quarter.
InterOil encounters top reservoir at Antelope-6Feb 1, 2016InterOil Corporation has been advised by Total E&P PNG Limited, operator of Petroleum Retention License 15 in the Gulf Province of Papua New Guinea, that the Antelope-6 appraisal
Saipem awarded new E&C onshore contracts worth approximately €360 millionFeb 1, 2016Saipem has been awarded new E&C onshore contracts for a total amount of approximately €360million. Among the most significant awards was a contract with Ital Gas Storage
ScanTech Offshore’s safety bails improve safety in semi-submersibles and drill shipsFeb 1, 2016ScanTech Offshore can now provide the well test industry with Safety Bails, an innovative ‘controlled failure’ system that improves the safety of semi-submersibles and drill ships to comply with
Lundin commences drilling of Maligan exploration offshore MalaysiaFeb 1, 2016Lundin Petroleum’s wholly owned subsidiary Lundin Malaysia BV has commenced drilling of the Maligan exploration well in Block SB307/SB308, offshore East Malaysia.
Petrofac contract for Heerema Fabrication GroupFeb 1, 2016Heerema Fabrication Group (HFG) has been awarded a contract from Petrofac for the Procurement & Construction of the jacket and piles for BorWin3. Petrofac, in a consortium with Siemens, has the full responsibility for the construction and offshore installation of the BorWin3 platform of TenneT, which will house a Siemens HVDC station that converts the alternating current produced by the wind turbines to direct current before transmitting it onshore to the German national grid.
New approach to pipeline repair reduces costs in IndonesiaJan 29, 2016IRM Systems, the independent authority on emergency pipeline repairs, revealed that as a result of a new and innovative approach to pipeline repair, it contributed to achieving dramatic cost-savings
Petrofac and GE support Galloper offshore wind farm to bring clean energy to UKJan 29, 2016Petrofac and GE signed a contract worth over £110 Million to engineer, construct and install a turnkey power system to efficiently connect up to 336 megawatts of clean energy from the Galloper
Acorn Energy makes management changeJan 29, 2016Acorn Energy, Inc. says that its Board of Directors has appointed Jan Loeb the Chief Executive Officer of Acorn Energy. Mr. Loeb, who has served as a director of the Company since
Russian gas exports to Italy growing steadilyJan 29, 2016The Gazprom headquarters recently hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Claudio Descalzi, Chief Executive
Plains All American Pipeline closes $1.6 billion private placementJan 29, 2016Plains All American Pipeline, L.P. has closed the previously announced sale of approximately 61 million units of a newly authorized series of 8% perpetual Series A Convertible Preferred Units
Ensco names Michael McGuinty senior VP – General Counsel and SecretaryJan 29, 2016Ensco plc says that Michael McGuinty has been named senior vice president - general counsel and secretary effective 1 February 2016. He will be based in London.
Victoria Oil & Gas declares 2016 operations outlookJan 29, 2016Victoria Oil & Gas Plc declares a 2016 Operations Outlook for VOG and Gaz Du Cameroun S.A ('GDC') the Company's wholly-owned subsidiary and operator of the 60% owned
New pipeline projects increase Northeast natural gas takeaway capacityJan 29, 2016A number of recently completed and upcoming natural gas infrastructure projects are expected to increase the reach of natural gas produced in the Marcellus and Utica regions
Red Emperor updates fourth quarter 2015 activitiesJan 29, 2016Red Emperor Resources NL advised during the December quarter that its Joint Venture partner and Operator, Otto Energy Limited requested that a two-year moratorium
Penn West Petroleum declares 2016 capital budgetJan 29, 2016Penn West Petroleum Ltd. says that the Board of Directors has approved a highly disciplined capital budget of $50 million for 2016.
Enbridge acquires Montney natural gas assets from Murphy Oil Corp.Jan 29, 2016Enbridge Inc. agrees the $538 million acquisition of Tupper Main and Tupper West gas plants and associated pipelines in northeastern B.C., from the Canadian subsidiary of Murphy Oil Corporation (Murphy).
MeteoGroup chosen as weather forecasting specialist for Subsea 7 UKCS and Canada operationsJan 29, 2016Subsea 7 has appointed MeteoGroup as its offshore weather forecasting provider for UKCS and Canada operations. Drawing on its extensive experience in the offshore sector,
