Husky Energy continues Flemish Pass appraisal work
Dec 9, 2015
Husky Energy and its partner continue to advance appraisal work on the landmark Bay du Nord oil discovery offshore Newfoundland and Labrador.

Otto Marine secures charter for its second unit of new 238-Men DP2 work maintenance vessel
Dec 9, 2015
Otto Marine Limited has secured a long term bareboat charter contract worth $26 million. The charter was for a 238-men, Dynamic Positioning 2 (DP2) Work Maintenance Vessel that

Oilex updates on Indian Cambay field
Dec 9, 2015
Oilex Ltd is pleased to provide the following workover update: Production from the Cambay Field is now ~75 boepd and may increase in line with demand from the local low pressure gas market

Wood Group secures new ConocoPhillips contract in Timor-Leste and Australia
Dec 9, 2015
Wood Group has won a new, multi-year contract with ConocoPhillips in Australia. Effective immediately, Wood Group PSN will deliver brownfield engineering services to the Bayu-Undan field located

Yoho Resources to sell certain Duvernay assets for $50 million
Dec 9, 2015
Yoho Resources Inc. has entered into a definitive agreement to sell a portion of its Duvernay assets in the Kaybob area of Alberta (the "Subject Assets") for cash consideration of $50 million (prior to adjustments)

Shell takes final investment decision to build Solvent Deasphalter unit at Pernis refinery in the Netherlands
Dec 9, 2015
Shell has taken the final investment decision to build a major new unit at the Pernis refinery in Rotterdam, the Netherlands. The Solvent Deasphalter (SDA) unit will remove heavier fractions from crude oil, allowing the refinery to upgrade a larger proportion of its oil intake into lighter, high-grade products.

LNGL appoints third US-based Director
Dec 8, 2015
Liquefied Natural Gas Limited has appointed Philip D Moeller as a Non Executive Director of LNGL with effect from 7 December 2015. Philip is the Company's third US based Non Executive Director following

Terra Nova Energy spuds Eastern Well 101 Rig
Dec 8, 2015
Terra Nova Energy Ltd., the Operator of Petroleum Exploration License 444, is pleased to announce that the Eastern Well 101 Rig spudded the Baikal #1 at around 6.30 pm South Australian time on the 3rd of December 2015.

Holloman Energy spuds the Baikal #1 well
Dec 8, 2015
Holloman Energy Corporation says that the Eastern Well 101 Rig has spud the Baikal #1 well in Petroleum Exploration License (PEL) 444 in South Australia's Cooper Basin at 6:30 pm South Australian time

Fluor Corporation agrees to acquire Stork Holding B.V
Dec 8, 2015
Fluor Corporation has signed an agreement with UK-based private equity firm Arle Capital Partners to acquire 100 percent of Stork Holding B.V., based in the Netherlands, for an investment of €695 million ($755 million).

OSD develops new RLWI / IMR vessel for upstream - Austin Offshore
Dec 8, 2015
OSD-IMT, the UK division of Netherlands-based Offshore Ship Designers (OSD), is designing two 120 m IMT9120 Riserless Light Well Intervention / IMR vessels for Austin Offshore Pte Ltd, the shipping arm

Connacher Oil and Gas appoints Chief Executive Officer
Dec 8, 2015
Connacher Oil and Gas Limited says that Merle Johnson, formerly Connacher's Chief Operating Officer, has been appointed Chief Executive Officer and a director of Connacher, replacing Brent de Jong who was formerly

Volga Gas drilling well in Karpenskiy Licence Area
Dec 8, 2015
Volga Gas is currently drilling an exploration well in its 100% owned Karpenskiy Licence Area in the Saratov Region of southern Russia.

Wärtsilä delivers LNG-fired peaking power plant to Kerala, India
Dec 8, 2015
Wärtsilä will supply a 40 MW Smart Power Generation plant to Kerala State Electricity Board Limited (KSEBL) in Southern India. The LNG-fired plant will be located near the city of Kochi, and will provide much-needed

Transocean Ltd. awarded two year contract for The Henry Goodrich
Dec 8, 2015
Transocean Ltd. says that the harsh-environment semisubmersible Henry Goodrich was awarded a two year contract with Husky Oil Operations Limited offshore Canada at a dayrate of $275,000.

Petsec Energy drills the Hummer exploration prospect
Dec 8, 2015
Petsec Energy advised that the Main Pass Block 270 #3 well on its Hummer exploration prospect has been drilled to a true vertical depth of 15,748 feet/15,788 feet measured depth to test Miocene age sand objectives.

JKX Oil & Gas restores Koshekhablskoye well-27 to production
Dec 8, 2015
JKX Oil & Gas plc is pleased to report that well-27 in its Koshekhablskoye field in southern Russia has been restored to production following repairs and recompletion. The well is currently producing at a rate of

Baker Hughes announces weekly rig counts
Dec 8, 2015
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -7 to 737 rigs. U.S. Rig Count is down 7 rigs from last week to 737, with oil rigs down 10

Lundin Petroleum commences Imbok exploration well, offshore Malaysia
Dec 8, 2015
Lundin Petroleum AB is pleased to announce that its wholly owned subsidiary Lundin Malaysia BV has commenced drilling of the Imbok-1 exploration well in Blocks SB307 and SB308, offshore East Malaysia.

Islamic State monthly revenue totals $80 million, IHS says
Dec 8, 2015
Most of the Islamic State’s funding comes from taxation on economic activity and basic services in areas under its control, according to new analysis released by IHS Inc.,

Douglas Westwood and Hannon Westwood unite as part of the ESIA group of companies
Dec 8, 2015
Energy Software Intelligence Analytics has completed the acquisition of Douglas Westwood Limited. The acquisition of Douglas Westwood represents ESIA's next step in delivering a growth strategy for the company

BlackPearl Resources renews its $150 million credit facilities
Dec 8, 2015
BlackPearl Resources Inc. is pleased to announce the renewal of its credit facilities and provide initial 2016 guidance for the Company.

Tracerco to provide smart tracer technology for new wells in Statoil’s Mariner field
Dec 8, 2015
International oil and gas service provider, Tracerco, part of FTSE100 firm Johnson Matthey Plc has landed a contract to provide smart tracer technology for flow measurement of six new wells in Statoil’s Maureen reservoir of the Mariner field in the UK North Sea. Heavy oil was discovered at the field in 1981, but has remained inaccessible until now. Alternative technology implemented by Statoil has made producing from the discovery viable. As part of field development Tracerco’s smart tracers will enable fluid inflow measurement of both oil and water in various zones within the long horizontal wells that would not easily be accomplished using traditional production logging technologies (PLT).

Trinity reaches agreement with LGO Energy over cancelled sale of interests in Tabaquite Block
Dec 8, 2015
Trinity provides an update on the status of the Sale and Purchase Agreement signed in November 2014 with LGO Energy plc to sell Trinity's interests in Tabaquite E&P Company Limited.