Kongsberg Maritime strengthens simulator capacity by acquiring SMSC
Dec 23, 2015
Kongsberg Maritime has signed a contract to buy the Trondheim-based ship simulation and consultancy company, Ship Modelling & Simulation Centre AS (SMSC).

Sparrows Group awarded contract for two 500-tonne under-rollers
Dec 23, 2015
Sparrows Group, and its cable and pipe-lay solutions (CPLS) division, reinforced its international footprint in the United States after being awarded a contract by Oceaneering

Trelleborg’s bend restrictors receive API 17l1 certificate of manufacture approval
Dec 23, 2015
Trelleborg’s offshore operation in the UK has been certified for the manufacture of bend restrictors under the American Petroleum Institute’s specification for flexible pipe ancillary

Optimus Seventh Generation sees client numbers double
Dec 23, 2015
Optimus Seventh Generation has reported significant growth throughout 2015, having seen the number of Clients using Induction Plus™ double this year on last. The Aberdeen-based

Forum AMC awarded series of contracts for bucking unit
Dec 23, 2015
Forum Energy Technologies, Inc. says that its AMC Engineering product line has been awarded multi-million dollars worth of significant new orders within just one month.

Oryx Petroleum resumes drilling at Demir Dagh
Dec 23, 2015
Oryx Petroleum Corporation Limited has resumed drilling activities at the Demir Dagh field in the Hawler licence area in the Kurdistan Region of Iraq and has agreed with the

Encana's DJ Basin sale expected to close in second quarter of 2016
Dec 23, 2015
Encana Corporation’s wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., expects the previously announced sale of its DJ Basin assets to Crestone Peak Resources,

NPD grants drilling permit for well 7324/7-3 S in production licence 537
Dec 23, 2015
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to OMV Norge AS for well 7324/7-3 S, cf. Section 8 of the Resource Management Regulations.

Subsea UK unveiles its new Board
Dec 23, 2015
Subsea UK has unveiled its new Board, following a members’ ballot at the industry body’s Annual General Meeting. Following an unprecedented number of member nominations,

Independent Oil and Gas completes Skipper acquisition
Dec 23, 2015
Independent Oil and Gas plc has confirmed the acquisition of 50% of licence P1609 which contains the Skipper discovery has now completed. IOG now owns 100% of the

Cape awarded maintenance contract in Azerbaijan by BP
Dec 23, 2015
Cape’s SOCAR Cape joint venture has been awarded a two year extension contract by BP for the provision of Fabric Maintenance Services at its onshore and offshore assets in Azerbaijan.

DNV certified IR windows from IRISS assure reliability & safety at sea
Dec 23, 2015
IRISS VP and CAP Series industrial grade infrared windows for thermal inspection now have another unique selling point. They are the only windows to be approved by DNV for use in

Clariant opens new storage and blending facility in Western Australia
Dec 23, 2015
Clariant Oil Services opens its new storage and blending facility at Karratha, Western Australia. This facility will significantly reduce the chemical transport distance to

Nostra Terra Oil & Gas gets extension of $25 million credit facility
Dec 23, 2015
Nostra Terra says that Texas Capital Bank has agreed to a three year extension of the lending facility until 31 January 2019.

Schlumberger executes contract with Statoil for multiclient wide-azimuth deepwater seismic survey
Dec 23, 2015
Schlumberger and Statoil Gulf of Mexico LLC have signed an agreement to license a large part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic

Lundin hits oil discovery in Rolvsnes prospect, offshore Norway
Dec 23, 2015
Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed the Rolvsnes exploration well 16/1-25 S as an oil discovery. The well is located in PL338C south of the Edvard Grieg field in the central North Sea sector of the Norwegian Continental Shelf (NCS).

Aminex receives a six month extension loan extension
Dec 22, 2015
Aminex has received a six month extension to the repayment of its corporate loan facility to 31 July 2016 has been agreed in principle. The extension will provide the Company

Elk Petroleum and Denbury Onshore to restructure Grieve project JV
Dec 22, 2015
Elk Petroleum Ltd has entered into a non-binding Letter of Intent (LOI) with Denbury Onshore LLC (Denbury) for the restructuring of the Grieve CO2 Enhanced Oil Recovery

Update on the recommended combination between Royal Dutch Shell plc and BG Group plc
Dec 22, 2015
Royal Dutch Shell plc (Shell) and BG Group plc (BG) say that, following satisfaction of the final pre-condition to the recommended combination and with the unanimous approval of both boards,

Drilling permit for well 1/5-5 in production licence 618
Dec 22, 2015
The Norwegian Petroleum Directorate has granted a drilling permit to Total E&P Norge AS for well 1/5-5. Well 1/5-5 will be drilled from the Mærsk Gallant drilling

Misen Energy produces a total of 51.2 mmcm of natural gas in November 2015
Dec 22, 2015
During November 2015, the Joint Activity (JA) led by Misen Energy AB (publ) produced a total of 51.2 million cubic meters (mmcm) of natural gas, 2.0 thousand tons (ktons)

Sunshine Oilsands appoints Chief Financial Officer
Dec 22, 2015
Sunshine Oilsands Ltd. has appointed Mr. Qiping Men ('Mr. Men') as the Chief Financial Officer of the Corporation with effect from December 18, 2015 (Hong Kong Time)/

OMV and partners sign agreement for takeover of EconGas by OMV
Dec 22, 2015
The owners of EconGas GmbH, OMV (64.25%), EVN (16.51%), Wien Energie (16.51%) and Energie Burgenland (2.73%), have signed an agreement for the takeover of all

Enerplus completes sale of non-operated interests in North Dakota
Dec 22, 2015
Enerplus Corporation has completed the previously announced divestment of a portion of its non-operated interests in North Dakota for cash proceeds of approximately $80 million,