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News
Carnarvon Petroleum secures 35% stake in Retention License TR/3Jan 28, 2016Carnarvon Petroleum Limited has secured a 35 percent interest in retention license TR/3 offshore Western Australia, containing the previously discovered Blencathra oil resource, WA-155-P
Buru Energy continues drilling at Ungani Far West 1 wellJan 28, 2016Buru Energy Limited says that since the last progress report, the well has been cored ahead in 3.99 inch (101 millimeter) hole to the current depth at 06:00 hours today
Shell shareholders vote in favour of the recommended combination between Shell and BGJan 28, 2016Royal Dutch Shell plc declares the poll result from General Meeting held at the Circustheater, Circusstraat 4, 2586 CW, The Hague, The Netherlands.
ACE Winches attends trade mission to West AfricaJan 28, 2016ACE Winches hasjoined the trade mission organised by Scottish Development International to West Africa.
Proteafurther delivers its first Man-Riding winchJan 28, 2016Protea has further expanded its product range with the delivery of its first winch certified for man-riding operations for installation on the Maersk Gallant Jack-up rig.
Ophir Energy restructures board and committee membershipJan 28, 2016In accordance with Rule 9.6.11(3) of the Listing Rules, the Board of Directors of the Ophir Energy makes the following changes to the membership of the Board and its committees.
Range Resources declares resignation of Chief Executive OfficerJan 28, 2016The Board of Range advises that Mr Yan Liu, has tendered his resignation as Chief Executive Officer and Trinidad General Manager, effective 31 January 2016.
AWE sells US Shale assets for $190 millionJan 28, 2016AWE Limited has entered into an agreement to sell its 10% working interest in the Sugarloaf Area of Mutual Interest (AMI) to Carrier Energy Partners II, LLC (CEP II), for cash
F&L Asia Ltd. unveils speaker line-upJan 28, 2016F&L Asia Ltd. has unveiled a stellar speaker line-up for its 2016 edition of Asia's premier annual event for the Fuels & Lubes industry, the 22nd year of this conference.
BG Group and Keppel to fuel ships with LNG in SingaporeJan 28, 2016BG Group and Keppel Offshore & Marine have secured the license to supply LNG bunker to vessels in the Port of Singapore after submitting a joint bid to the Maritime and Port Authority of Singapore. With the granting of the license, BG Group and Keppel will form a 50-50 joint venture to deliver an end-to-end bunkering solution using LNG sourced from BG Group's diversified LNG portfolio.
Aker Solutions to deliver FPSO concept study for Johan Castberg fieldJan 27, 2016Aker Solutions has secured an order from Statoil to provide a concept study for a floating production, storage and offloading facility for the Johan Castberg oil field development in the Barents Sea.
Lamprell signs MoU with Saudi Aramco, Bahri, and Hyundai Heavy IndustriesJan 27, 2016Lamprell’s subsidiary Lamprell Energy Limited has signed a MOU with Saudi Aramco (the national oil company of the Kingdom of Saudi Arabia), the National Shipping Company of Saudi Arabia
ACE Winches to build a Diver Service Module package for Subsea 7Jan 27, 2016Global deck machinery specialist, ACE Winches will be showcasing how it is addressing clients’ needs to deliver cost effective solutions at Subsea Expo next month.
Closer cooperation will be key to navigating upstream industry challengesJan 27, 2016Businesses and lenders in the upstream oil and gas sector will have to work hand in glove in the coming months in what promises to be one of the toughest years faced by the industry in
Plexus Holdings signs Russian licence agreementJan 27, 2016Plexus Holdings has entered into an exclusive licence agreement with LLC Gusar (OOO Gusar) Ltd, and CJSC Konar (ZAO Konar), two independent Russian oil and gas equipment manufacturers,
NOVATEK declares year-end 2015 reservesJan 27, 2016OAO NOVATEK declared that independent petroleum engineers, DeGolyer & MacNaughton, have completed their comprehensive reserve appraisal of the Company's hydrocarbon
Hess Corporation reduces 2016 E&P capital budgetJan 27, 2016Hess Corporation has declared a 2016 E&P capital and exploratory budget of $2.4 billion, a 40 percent reduction from its 2015 actual spend of $4.0 billion and approximately 20 percent
DONG Energy concludes strategic review of E&P businessJan 27, 2016DONG Energy has now concluded the strategic review with the following key conclusions:
DONG Energy confirms its intention to build a world-class clean energy company
Rosneft increases supplies to LotosJan 27, 2016Rosneft and Grupa Lotos S.A. agreed to extend the сontract for oil supplies to Poland signed on December 20, 2013. The updated commercial terms and conditions envisage a year
Williams and Williams Partners declare 2016 capital planJan 27, 2016Williams and Williams Partners has declared Williams Partners 2016 growth capital funding needs total $2 billion, down approximately $1 billion, or 32 percent,
Royal Energy to acquire control of Rhino Resource PartnersJan 27, 2016Royal Energy Resources, Inc. has entered into a Securities Purchase Agreement with Wexford Capital, LP, and certain of its affiliates (collectively, 'Wexford'), under which
Painted Pony reduces 2016 capital spending programJan 27, 2016Painted Pony Petroleum Ltd. says that due to further realized capital efficiencies, the 2016 capital spending program has been reduced by 8% to $197 million from a
FMC awarded $180 Million subsea contract on Australian project from WoodsideJan 27, 2016FMC Technologies, Inc. has signed an agreement with Woodside for the design, manufacture and supply of subsea production systems for the
Seatronics is first company to achieve Valeport calibration facility reaccreditationJan 27, 2016Seatronics, an Acteon company, is the first to sign up to enhanced accreditation as a supplier of third party calibrations to the ROV and survey communities, globally.
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