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News
Total sells minority interests in West of Shetland fields for £565 millionJul 30, 2015Total has signed an agreement to sell 20% of its interests in the Laggan, Tormore, Edradour and Glenlivet fields, located in the West of Shetland area, to SSE E&P
Petro-Victory Energy appoints non-executive directorJul 30, 2015Petro-Victory Energy Corp. has appointed Mr. Drew Faulkner as a Petro-Victory non-executive director effective immediately.
Blue Earth names David J. Prezioso as CEO of Blue Earth CHPJul 30, 2015Blue Earth, Inc. says that David J. Prezioso has joined the Company as CEO of Blue Earth Combined Heat and Power, Inc. (BE CHP), a wholly owned
LGO Energy reaches total depth on development well, GY-676Jul 30, 2015LGO says that its latest development well, GY-676, at its Goudron Field development in Trinidad, reached total depth at 3,545 feet measured depth on 19 July 2015.
Northcote Energy declares development plans for remediation facility in TabascoJul 30, 2015Northcote Managing Director Randall J. Connally said,'We are very excited to be pushing forward with implementation of this business opportunity. In this environment of low
Petsec Energy establishes new branch office in Dubai UAEJul 30, 2015Petsec Energy Ltd. has established a new branch office in Dubai, United Arab Emirates (UAE) by its wholly owned subsidiary company Petsec Energy (Middle Eastern) Limited.
Africa Oil provides operations and development updateJul 30, 2015Africa Oil Corp. is pleased to provide the following update on its operations in Kenya. During the second quarter of 2015, activities were focused on the appraisal of the South Lokichar basin
Hurricane Energy awarded new blocks in 28th offshore licensing roundJul 30, 2015Hurricane Energy plc has been successful in its applications for two further West of Shetland blocks in the Oil and Gas Authority's 28th Offshore Licensing Round Second Tranche of Offers.
Junex begins drilling its Galt No. 5 horizontal wellJul 30, 2015Junex Inc. started drilling its Galt No. 5 Horizontal well using its Foragaz No. 4 drilling rig. This well is the first of a series of horizontal exploration wells to be drilled by the Company
Statoil produces more oil from GullfaksJul 30, 2015Production from the Gullfaks South (GSO) fast-track project for improved oil recovery in the North Sea started on 27 July. GSO will increase the output from the Gullfaks area by around 65 million barrels of oil equivalent. "GSO demonstrates how we can increase recovery and profitability by use of standardised, simplified development solutions tied to existing infrastructure,” says Arild Dybvig, vice president for fast-track projects in Development & Production Norway.
Technip awarded offshore brownfield and subsea tie-backs for PETRONAS FLNG1Jul 29, 2015Technip has been awarded an engineering, procurement, construction, installation and commissioning contract by PETRONAS Carigali
AEG Power Solutions strengthens its service approach with New Global Service VPJul 29, 2015AEG Power Solutions has appointed Paul Radcliffe as Global Service Vice-President for the Group, effective since July 1.
Magnolia Petroleum to plug Shimanek #2 and fund new drilling activityJul 29, 2015Magnolia Petroleum says the Shimanek #2 vertical well in Oklahoma reached total depth ('TD') of 5,300 feet on 24 July 2015. The Well
Statoil ASA: 2015 second quarter resultsJul 29, 2015Statoil delivered Adjusted earnings of NOK 22.4 billion and adjusted earnings after tax of NOK 7.2 billion in the second quarter.
Wentworth Resources to begin production from Tanzanian Mnazi BayJul 29, 2015Wentworth Resources is about to begin production and sales from its key Tanzanian gas development, Mnazi Bay. Production is expected
Europa Oil & Gas awarded Southern North Sea licenceJul 29, 2015Europa Oil & Gas (Holdings) is pleased to note the announcement on 27 July 2015 by the Oil and Gas Authority, the UK oil and gas regulator,
PRD Energy to cease operations in GermanyJul 29, 2015PRD Energy Inc. has decided to cease operations in Germany. PRD's strategy has been focused on developing existing oil fields in Germany which had either been
Vermilion Energy enters into farm-in agreement in GermanyJul 29, 2015Vermilion Energy Inc. has entered into a farm-in agreement with Mobil Erdgas-Erdӧl GmbH (MEEG) and BEB Erdgas und Erdӧl GmbH & Co.KG
Pura Vida Energy fails to encounter oil in the secondary objectives at MZ-1 exploration wellJul 29, 2015Pura Vida Energy NL advises that the MZ-1 exploration well has reached a depth of 4,653 metres within the Lower Cretaceous and that wireline
Trapoil announces proposed acquisition of Jersey Oil and Gas E&PJul 29, 2015Marcus Stanton, Non-Executive Chairman of Trapoil, commented, 'We look forward to welcoming Andrew, Ronald and the rest of the JOG team to the Company.
Oil Basin releases updated equity research from Gordon CapitalJul 29, 2015Oil Basins is an independent oil and gas exploration company, with assets across 3 basins, each having reserves and/or large scale prospective resources. In summary
Beach Energy to reduce production volume, Capex for FY16Jul 29, 2015Australia's Beach Energy Ltd. provided the following guidance in relation to Financial Year 2016 (FY16) production volumes and capital expenditure. Guidance excludes potential
Serinus Energy provides second quarter 2015 operations updateJul 29, 2015Serinus Energy Inc. is pleased to provide an update for its operations for the second quarter of 2015. As reported on July 27, 2015, production has recommenced at the Sabria Field in central Tunisia
Whiting Petroleum Corporation appoints new directorJul 29, 2015Whiting Petroleum Corporation has appointed Carin S. Knickel to the Company's Board of Directors. Ms. Knickel served as Vice President, Human Resources of ConocoPhillips,
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