PetroShare Corp. to acquire additional lease in ColoradoJan 18, 2016PetroShare Corp. has entered into a non-binding Letter of Intent with Kerr McGee Oil & Gas Onshore LP for the acquisition of a producing well and associated leases within its Todd Creek
BHP Billiton declares onshore US asset reviewJan 18, 2016BHP Billiton expects to recognise an impairment charge of approximately US$4.9 billion post-tax (or approximately US$7.2 billion pre-tax) against the carrying value of its Onshore US assets.
NPD declares December 2015 production figuresJan 18, 2016Preliminary production figures for December 2015 show an average daily production of about 2 023 000 barrels of oil, NGL and condensate.
Seadrill and DSME agree to defer delivery of drillshipsJan 18, 2016Seadrill Limited has reached an agreement with DSME shipyard to defer the delivery of two ultra-deepwater drillships, the West Aquila and West Libra, until the second quarter of 2018
Offshore Group Investment gets approval of prepackaged restructuring and recapitalization planJan 18, 2016Offshore Group Investment Limited and its affiliated chapter 11 debtors have received court approval of their prepackaged restructuring and recapitalization plan (the "Prepackaged Plan")
Suretank re-designs product range to create competitive propositionJan 18, 2016Suretank has launched a better designed and lower cost standard offshore cargo carrying unit (CCU) product range.
International Association of Oil & Gas Producers appoints new Executive DirectorJan 18, 2016The International Association of Oil & Gas Producers (IOGP) has appointed Gordon Ballard to be its new Executive Director. He begins today, succeeding Michael Engell-Jensen, who is
Aker Solutions repositions MMO business in NorwayJan 18, 2016Aker Solutions has notified employees in its maintenance, modifications and operations (MMO) unit across Norway of necessary steps to reposition the business and enhance competitiveness in a market with unprecedented challenges. The company is streamlining the Norwegian MMO business to one regional unit from previously four, affecting management and staff from Tromsø to Stavanger.
Subsea UK supports South West businessesJan 15, 2016Subsea supply chain businesses in south-west England will be able to identify opportunities and debate the challenges facing the sector thanks to a new industry networking event organised by
Maritime sector must absorb balance sheet implications of new lease accounting standardJan 15, 2016A new international accounting standard dealing with leases could have major implications for companies in the shipping and offshore maritime sectors, and particularly for time charterers,
MR Solutions partners with Green Imaging to bring better rock core imaging solution to oil and gas sectorJan 15, 2016A new 3D magnetic resonance imaging (MRI) solution, the ImaCore 3017, is being introduced to the oil and gas sector for high resolution rock core imaging. MR Solutions, of Guildford, UK in
FRV begins operation of La Jacinta solar plant in UruguayJan 15, 2016Fotowatio Renewable Ventures B.V. (FRV), a leading global developer of utility-scale photovoltaics (PV) solar power plants and part of Abdul Latif Jameel Energy and Environmental Services,
Kea Petroleum appoints liquidators to dispose assetsJan 15, 2016MEO Australia Limited revealed that it has received advice from Kea Petroleum Limited (Kea), Operator of the PEP51153 exploration permit located onshore New Zealand, that it has
Mitra Energy gets approval for Vietnam gas development planJan 15, 2016Mitra Energy Inc. says that on January 12, 2016, it was informed of the approval of the Prime Minister of Vietnam of the Reserve Assessment Reports for the Nam Du
Lilis Energy appoints new Chairman and DirectorJan 15, 2016Lilis Energy has appointed Director Ronald D. Ormand as Chairman of the Board of Directors. Former Chairman Nuno Brandolini, who served in that role since April 2014, will remain
TransAlta declares key actions to support transition to Clean PowerJan 15, 2016TransAlta Corporation declared the key actions it is taking to support its transition from coal to gas-fired and renewable generation in the Province of Alberta and maximize its financial
Raise Production updates on horizontal wellbore production systemJan 15, 2016Raise Production Inc. updates its shareholders on the operational status of its Horizontal Wellbore Production System (the "System") and its rod pump technology.
Neptune awarded Chevron diving contractJan 15, 2016Neptune has been awarded a marine maintenance diving contract by Chevron Australia Pty Ltd (Chevron) under a recently awarded Master Services Agreement (MSA).
Valmec secures New Zealand supply contractJan 15, 2016Valmec Limited has secured a contract for the supply, installation supervision and commissioning of two gas compressor packages from New Zealand based Vector Gas Limited fo
IMarEST Student members win national awards for marine conservation researchJan 15, 2016P1 Marine Foundation declared the winners of its 2015 National Student Awards which are supported by The Crown Estate, Marine Conservation Society and the Institute of
Pakistan's OGDCL discoveres gas at exploratory Thal East Well #01Jan 15, 2016Oil and Gas Development Company Ltd (OGDCL) has discovered gas from its exploratory Thal East Well #01, which is in the Sindh Province.
ONEnergy Inc. declares resignation of CEOJan 15, 2016ONEnergy Inc. declared the resignation of Chief Executive Officer Mark Lewis. Mr. Lewis has served in this position since 2013. ONEnergy's Chairman of the Board, Stephen Letwin, will serve
Sound Energy acquires 25% interest in Sidi Moktar licencesJan 15, 2016Sound Energy has entered into a binding agreement with Maghreb Petroleum Exploration S.A. for the purchase of MPE's 25% working interest in three onshore gas permits locate
Frontera Resources to study further South Kakheti gas complexJan 15, 2016Frontera Resources Corporation had identified last year an extensive integrated 2,000 square kilometer geologic unit called the South Kakheti Gas Complex in Georgia.
