ExxonMobil, Renewable Energy Group to research biodiesel from cellulosic sugars
Jan 27, 2016
ExxonMobil has signed an agreement with Renewable Energy Group, Inc. (REG) to study the production of biodiesel by fermenting renewable cellulosic sugars from sources such

Emas Offshore appoints new Chief Financial Officer
Jan 27, 2016
EMAS Offshore Limited has appointed Mr. Hsu Chong Pin to assume the role of Chief Financial Officer (CFO) of the Company from Mr. Jason Goh effective 26 January 2016.

Chevron commences gas production from Chuandongbei project
Jan 27, 2016
Chevron’s fully-owned subsidiary Unocal East China Sea, Ltd. began natural gas production from the first stage of the Chuandongbei Project in southwest China. Chuandongbei is one of the largest onshore gas projects developed by an international oil company and a national oil company in China.

Air Energi and Swift Worldwide combine in strategic merger
Jan 27, 2016
Air Energi Group Limited and Swift Worldwide Resources Limited have merged to form Airswift Holdings Limited, a $1.2bn turnover company specialising in global workforce solutions for

Keppel FELS delivers first rig of the year safely and on time
Jan 27, 2016
Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered Halul, a KFELS B Class jackup rig, to Gulf Drilling International Ltd. (q.s.c) (GDI) of Qatar.

Amerisur Resources acquires Platino Energy
Jan 27, 2016
Amerisur Resources has acquired Platino Energy (Barbados) Ltd, a private company, from COG Energy for a total consideration of US$7MM.

Jura Energy completes Sara-4 development well
Jan 27, 2016
Jura Energy Corporation says that the development well Sara-4, in the Sara Lease, has been successfully completed in the Sui Upper Limestone formation of Eocene age.

Sound Energy acquires further interest in Sidi Moktar licences
Jan 27, 2016
Sound Energy has reached heads of agreement with PetroMaroc Corporation Plc in respect of Sound Energy's acquisition of PetroMaroc's 50% operated interest in three onshore

Union Jack Oil acquires interest in PEDL209 and the Laughton prospect
Jan 27, 2016
Union Jack Oil plc has entered into an agreement with Egdon Resources plc, to farm-in to the conventional prospects only of PEDL209 containing the Laughton Prospect.

Ophir signs a non-binding heads of terms agreement with Schlumberger
Jan 26, 2016
Ophir Energy has signed a non-binding Heads of Terms Agreement with Schlumberger whereby Schlumberger will, subject to due diligence, definitive documentation and

Oilfield services survey reveals huge spike in M&A activity and confidence in North Sea recovery
Jan 26, 2016
A desire to capitalise on distressed situations, grow international market share and acquire new technology will drive a surge in M&A activity in the oilfield services sector during 2016,

Baker Hughes announces weekly rig counts
Jan 26, 2016
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. U.S. Rig Count is down 13 rigs from last week to 637, with oil rigs down 5 to 510,

Comet Ridge continually increasing production at Mahalo 7 horizontal well
Jan 26, 2016
Comet Ridge Limited reveals that the Mahalo 7 horizontal well is being produced in combination with the Mahalo 6 vertical intercept well, via the pump in Mahalo 6.

Saipem signs MoU concerning potential cooperation for future projects in Iran
Jan 26, 2016
In the presence of the President of the Islamic Republic of Iran, Hassan Rouhani, and the Italian Prime Minister, Matteo Renzi, Saipem has entered into a Memorandum of Understanding

Krewe Energy acquires Lapeyrouse field
Jan 26, 2016
Krewe Energy, LLC recently completed the acquisition of 100% of Castex Energy's interest in the Lapeyrouse Field located in Terrebonne Parish, Louisiana. Simultaneous to the Castex

AziNam completes 3D seismic survey offshore Namibia
Jan 26, 2016
AziNam Ltd., the offshore Namibia focused exploration company, has completed a 3D seismic survey on PEL 34, the Guy Block, offshore Namibia.

ITE Group appointed for 2016 World Energy Congress in Istanbul
Jan 26, 2016
ITE Group plc has been appointed as the sales and marketing partner for the 2016 edition of the triennial World Energy Congress to be held in Istanbul from 9th to 13th October 2016.

Modal Training invests in advanced suite of Kongsberg Maritime simulato
Jan 26, 2016
Modal Training, the first organisation in the UK to offer integrated, multimodal logistics training, has invested in a full suite of advanced ship, offshore vessel, engine room and radar simulators

Andes Energia increases production by approximately 1,469 bpd
Jan 26, 2016
Andes Energia has drilled 26 new successful development wells since the end of June 2015 increasing production by approximately 1,469 bpd (293 bpd net to Andes)

Hurricane Energy makes directorate change
Jan 26, 2016
Hurricane Energy says that Nicholas Mardon-Taylor will retire as Chief Financial Officer and as a director of Hurricane, as planned, on 31 January 2016.

Aberdeen workshops to explore new asset integrity solutions for UKCS
Jan 26, 2016
Oil and gas industry workshops in Aberdeen next month aim to identify new approaches to asset integrity management in the UKCS that could unlock major production efficiencies

Lundin spuds exploration well on the Fosen prospect, offshore Norway
Jan 26, 2016
Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS has commenced drilling of exploration well 16/4-10 on the Fosen prospect. The well is located approximately 27 km south of the Edvard Grieg field and 11 km south of the Luno II discovery on the Utsira High on the Norwegian Continental Shelf (NCS).

Nostra Terra Oil & Gas updates on East Ghazalat concession
Jan 26, 2016
Nostra Terra says that North Petroleum International Company, owner of the other 50% interest and operator in East Ghazalat, has served a notice of default pursuant to the terms of the JOA

Churchill Drilling Tools unveils world’s first Hydraulic Pipe Recovery Tool
Jan 26, 2016
Churchill Drilling Tools has launched its HyPR HoleSaver™ in the Middle East. The expansion follows successful deployments of the innovative hydraulic pipe recovery tool in the North Sea