New report reveals: Business a key activist in turning global risks into opportunitiesJan 26, 2016From all corners of the world, business leaders echo the same message: societal risks need urgent action. However, some of the most pressing risks – such as youth unemployment
Aker Solutions wins two MMO contracts for Åsgard AJan 26, 2016Aker Solutions won a front end engineering design (FEED) contract from Statoil for the Trestakk field tie-in to the Åsgard A production vessel in the Norwegian Sea. The company also secured a separate concept study order for a low well-pressure project at Åsgard A. 'We're very pleased to secure the orders for this major oil and gas field, which will help secure jobs in our MMO business in Norway,'
Rosatom highlights importance of energy security at Nuclear Power Asia 2016Jan 26, 2016Nuclear energy is able not only to strengthen the Asian energy security, but may actually help the region’s nations to reach a new level of development, said Egor Simonov,
PDi acquired by Tattva International Holdings Pte LimitedJan 26, 2016Aberdeen headquartered engineering consultancy Project Development International Ltd (PDi), declared it is under new ownership following an acquisition by Tattva
MX Oil receives offer for Nigerian investmentJan 26, 2016MX Oil previously had received expressions of interest to acquire all or part of its Nigerian investment or to invest into the underlying asset directly alongside the Company.
Forum Subsea Rentals signs global agreement for Aquatec’s LEAKlogJan 26, 2016Forum Subsea Rentals, a subsidiary of Forum Energy Technologies, Inc., and Aquatec Group Ltd have signed a global agreement for the rental of Aquatec’s proven LEAKlog™ leak
Lundin completes Bambazon exploration well, offshore MalaysiaJan 26, 2016Lundin Petroleum’s wholly owned subsidiary Lundin Malaysia BV (Lundin Malaysia) has completed the Bambazon exploration well in Block SB307/SB308, offshore East Malaysia.
Expro to discuss brownfield production optimisation at industry eventJan 26, 2016With more than 70% of current world oil production coming from brownfields/ mature fields, the challenge to extend the life of these fields in a cost-effective way is becoming increasingly difficult.
Eaton’s Intrinsically Safe solutions enhance safe plant operationJan 25, 2016Power management company Eaton has launched two new Intrinsically Safe (IS) products as part of the Crouse-Hinds series portfolio, which enable plant managers across
Kongsberg Maritime wins order for six HUGIN AUV SystemsJan 25, 2016Kongsberg Maritime gets order for 6 HUGIN AUV Systems. The vehicles will be operated by SeaTrepid International LLC. of Louisiana, USA and supported by Deep Ocean Search
Lundin Petroleum to sell FPSO Bertam for $ 265 millionJan 25, 2016Lundin Petroleum AB has entered into an agreement to sell the FPSO Bertam to M3nergy Investment Ltd, a wholly owned subsidiary of M3nergy Berhad of Malaysia.
Golar LNG and Schlumberger sign Memorandum of UnderstandingJan 25, 2016Golar LNG has signed a Memorandum of Understanding with Schlumberger to co-operate on the global development of greenfield, brownfield and stranded gas reserves.
Providence releases technical update on Newgrange exploration prospectJan 25, 2016Providence Resources has released a technical update on a major new multi-client 3D seismic programme, which is planned to be acquired by Searcher Seismic Pty Ltd in summer 2016,
Global Petroleum makes directorate changeJan 25, 2016Global Petroleum Limited says that Peter Dighton, one of the Company's two Australian resident Non-Executive Directors, has resigned from the Board due to the increasing demands of
Northern Petroleum completes acquisition of Canadian production and reserves assetsJan 25, 2016Northern Petroleum confirms that the acquisition of the Canadian production and reserves assets announced on 12 November 2015 has now completed. T
Pantheon Resources completes the pressure build up test on VOS#1Jan 25, 2016Pantheon Resources reveals that the JV has completed the pressure build up test on VOS#1. This has provided valuable diagnostic information on what the JV perceives is a
Mart Resources enters arrangement agreement with Midwestern and San LeonJan 25, 2016Mart Resources, Inc. has entered into an arrangement agreement with Midwestern Oil & Gas Company Limited ('Midwestern'), San Leon Energy Plc and 1038221 B.C. Ltd.
Empire O&G completes interpretation of geophysical survey in Perth BasinJan 25, 2016Empire Oil and Gas has completed the interpretation of the Black Swan Airborne geophysical survey in the Perth Basin, Western Australia. In addition to the existing
Suncor Energy and Canadian Oil Sands file documents for amended offerJan 25, 2016Suncor Energy Inc. and Canadian Oil Sands Limited declared the filing and mailing of a notice of variation and change to Suncor's offer and a notice of change to the COS
Otto Marine unit gets preferred service provider status from port operatorJan 25, 2016Otto Marine Limited says that its wholly-owned subsidiary, Go Offshore Pty Ltd. (GO Offshore), has entered into an agreement (Agreement) with a world-renowned port operator,
President's Paraguay concessions holds some 3Tcf and 440MMbblsJan 25, 2016President Energy says that Pirity and Hernandarias Concessions now estimated to hold some 3Tcf and 440MMbbls (equivalent to 940 MMboe) of gross mean Prospective
Schlumberger results reveals 10000 jobs cutJan 25, 2016Schlumberger Limited reported results for full-year 2015 and the fourth quarter of 2015.
Schlumberger Chairman and CEO Paal Kibsgaard commented,
Nor-Shipping 2017 shakes up future with Disruptive SustainabilityJan 25, 2016Nor-Shipping is ripping up the industry rulebook. That’s the message from the organisers today, as they reveal a theme for exhibition Hall A that aims to challenge convention
Sky-Futures completes first ever drone inspection in the GoM for the O&G industryJan 25, 2016Sky-Futures, the provider of drone inspection services for the global oil and gas industry, last week completed the first ever oil and gas inspection by drone in the Gulf of Mexico for a global oil and gas service and drilling company.The inspection is the first ever legally carried out in the Gulf of Mexico by a drone for the oil and gas industry. It comes just over 10 months after Sky-Futures received the 46th Section 333 Federal Aviation Authority (FAA) Exemption Certificate to operate drones in the USA,
