SacOil optimising production at Lagia oil field
Dec 16, 2015
SacOil Holdings Limited, on behalf of its subsidiary, Mena International Petroleum Company Limited ('Mena'), is pleased to announce an update on the drilling of the

Wood Group expands automation business in Asian markets
Dec 16, 2015
Wood Group is continuing to expand its Automation and Control business, establishing dedicated automation capabilities at Wood Group Mustang’s Kuala Lumpur office to serve

Africa Oil encounters net oil play at Etom-2 well
Dec 16, 2015
Africa Oil Corp. says that the Etom-2 well in Block 13T, Northern Kenya, has encountered 102 metres of net oil pay in two columns. The objective of the well was to explore the north

Bankers Petroleum announces 2016 capital budget and work program
Dec 16, 2015
Bankers Petroleum Ltd. announces its 2016 capital program of US$65 million (all amounts referenced below are in US dollars unless otherwise noted). The capital program will be

Penspen strengthens US offering with four senior appointments
Dec 16, 2015
Penspen has appointed four key members to its team, as part of its ongoing expansion in the Americas region.

Norway trials new age of e-navigation with NAVTOR
Dec 16, 2015
The Norwegian Coastal Administration (NCA) has initiated the first full-scale trial of e-navigation in Norwegian waters in conjunction with NAVTOR. The test sees the ferry MS

New compact tool provides high-quality imaging in challenging wells
Dec 16, 2015
Weatherford International plc announced the official launch of its Compact oil-base mud microimager (COI), a slim-profile tool that delivers fullbore, high-definition images in wells

Seatronics collaborates with robotic systems manufacturer, Inuktun
Dec 16, 2015
Seatronics, an Acteon company, has formed a collaboration with Canadian-based manufacturer, Inuktun Services Ltd. Inuktun has extensive expertise in remote controlled

Statoil awarding framework agreements for maintenance and modifications
Dec 16, 2015
Statoil has awarded maintenance and modification agreements worth NOK 24 billion for the company’s installations on the Norwegian continental shelf (NCS) and for the onshore plants at Sture, Kollsnes, Kårstø and Melkøya. Competition agreements for more complex modification services have also been awarded.

Petrofac's collaborative approach secures contract extensions
Dec 15, 2015
Petrofac has been supporting the UK Continental Shelf (UKCS) for more than 20 years, working in collaboration with its customers to drive efficiencies and generate maximum

CNPC signs strategic cooperation agreement with Mubadala Petroleum
Dec 15, 2015
On December 13 in Beijing, in the presence of His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, CNPC Chairman Wang Yilin and Dr. Sultan Ahmed

Technip certified in 5 additional countries to the EDGE standard
Dec 15, 2015
Technip and EDGE Certified Foundation announce that Technip entities in Australia, Malaysia, United Kingdom, United Arab Emirates and United States have been certified to the

ExxonMobil starts Banyu Urip central processing facility in Indonesia
Dec 15, 2015
ExxonMobil announced the successful and safe startup of the onshore central processing facility at the Banyu Urip field in Indonesia,

Magnum Hunter announces new record throughput volumes at Eureka Hunter
Dec 15, 2015
Magnum Hunter Resources Corporation says that throughput volumes on Eureka Hunter Pipeline, LLC's gas gathering pipeline system located in West Virginia and Ohio reached

Offshore oil and gas sector set to get a 'lift'
Dec 15, 2015
VISTEM, a provider of game-changing technology to the oil and gas industry, has launched an innovative mobile access platform for the offshore sector that is set to bring significant cost,

Saturn Minerals updates Bannock Creek oil exploration well
Dec 15, 2015
Saturn Minerals Inc. says that the Company's technical team and advisors tested the ground conditions again on December 11 and 13 for drilling the Bannock Creek 9A-5

Mart Resources and Delta Oil terminate arrangement agreement
Dec 15, 2015
Mart Resources, Inc. says that, due to prevailing market and industry conditions, Mart and Delta Oil Nigeria B.V. (Delta) have mutually agreed to terminate the arrangement agreement

PetroNeft Resources update on operations at Licence 61
Dec 15, 2015
PetroNeft, an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is

Serica reports strong performance through end November and early December
Dec 15, 2015
Serica Energy plc, an independent oil and gas company with production, development and exploration licence interests in the UK North Sea and exploration licence interests

Interra Resources ties up with China's Sany Group
Dec 15, 2015
Interra Resources Limited has signed an MOU with Sany South East Asia Pte Ltd which is a fully owned subsidiary of Shanghai-headquartered Sany Heavy Industry Co. Ltd.,

Baker Hughes Incorporated announces weekly Rig Count
Dec 15, 2015
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -28 to 709 rigs

Encana focuses 2016 capital program on core four assets
Dec 15, 2015
Encana released a highly disciplined 2016 capital program which directs 95 percent of its total $1.5 billion to $1.7 billion planned investment to its core four assets.

Trinidad Drilling declares 2016 capital program
Dec 15, 2015
Trinidad Drilling Ltd. expects to spend approximately $30 million in capital expenditures in 2016, with an additional $15 million available to be spent on select upgrades, depending

The SPE EOR Conference set to take place in muscat On March 2016
Dec 15, 2015
Organised by the Society of Petroleum Engineers, the 5th Edition of the SPE EOR Conference at OGWA will be held at the Golden Tulip Hotel, Muscat, from 21–23 March 2016.