Akastor ASA appoints Kristian Røkke as new CEOJul 20, 2015Akastor ASA says that its Board of Directors has appointed Kristian Røkke as its Chief Executive Officer. Mr. Røkke will succeed Frank O. Reite, who will take
Fugro adds cable-lay to its trenching servicesJul 20, 2015Fugro is now offering cable-lay in addition to trenching to its offshore windfarm and tidal energy clients.
The company has equipped its trenching vessel Fugro Saltire with a compact, custom-made, cable-lay spread. This comprises a reel drive system to store the cables, a tensioner to lay them, twin winches and a quadrant deployment system on rails, all fitted to the rear deck of the Fugro Saltire alongside the existing trenching equipment.
LGO Energy updates testing at Goudron Pad 4, TrinidadJul 17, 2015LGO announces an update on its testing operations at Drilling Pad 4 in the Goudron Field in Trinidad. A total of 506 feet of C-sand pay was perforated across
Petsec Energy spuds Main Pass Block 270 #3 well in LouisianaJul 17, 2015Petsec Energy is pleased to advise that drilling commenced on 15 July 2015 on the Main Pass Block 270 #3 well. The exploratory well is being drilled in federal
Subsea 7 and KBR form global alliance to deliver concept and FEED servicesJul 17, 2015Subsea 7 S.A. has signed an agreement to form an alliance with Houston-based KBR, Inc. and its wholly owned subsidiary, Granherne Inc., to collaborate
STATS Group consolidates position in emergency pipeline repair systemsJul 17, 2015STATS Group has consolidated its reputation in the Emergency Pipeline Repair System (EPRS) market with an award in excess of $10 million (£6.5 million)
Wintershall partners with Maersk Training and eDrilling to save timeJul 17, 2015eDrilling says that working closely with Wintershall together with our partner, Maersk Training, eDrilling helped improve the planning phase, and optimize drilling
Lundin successfully installs Edvard Grieg topside modulesJul 17, 2015Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS has successfully completed the installation of the topside modules on the Edvard Grieg field, offshore Norway.
Magnolia Petroleum to commence drilling at Shimanek #2 wellJul 17, 2015Magnolia Petroleum says that drilling operations at the Magnolia operated and 94% owned Shimanek #2 vertical well in Oklahoma are expected to commence imminently.
Enterprise Products to sell offshore GoM business for $1.5 billionJul 17, 2015Enterprise Products Partners L.P. has executed definitive agreements to sell its offshore Gulf of Mexico pipelines and services business, which primarily consists of its
Elk Petroleum to dismiss the civil lawsuit against Denbury OnshoreJul 17, 2015Elk Petroleum Limited that its wholly-owned US subsidiary, Elk Petroleum, Inc., has agreed to dismiss the civil lawsuit filed on 15 May 2015 in the Wyoming Federal Court
Emirates National Oil provides update on strategy for Dragon OilJul 17, 2015Saif Al Falasi, Group Chief Executive of ENOC commented,'As majority shareholders in Dragon Oil we believe there is a need to refocus the Turkmenistan operations
Penn Virginia Corporation to sell East Texas assets for $75 millionJul 17, 2015Penn Virginia Corporation has entered into an agreement to sell its East Texas assets to an undisclosed buyer for gross cash proceeds of $75 million.
Premier and partners awarded two blocks in Mexico's Round 1Jul 17, 2015Premier, together with its joint venture partners Talos Energy (operator) and Sierra Oil & Gas, has been awarded Blocks 2 and 7 in Mexico's Round 1 held in Mexico
Condor Petroleum begins drilling of KN-501 Primary Basin wellJul 17, 2015Condor Petroleum Inc. has commenced drilling operations on the KN-501 Primary Basin well on the Company's 100% owned Zharkamys West 1 Territory in Kazakhstan.
Triple Energy reaches total depth at Niaoshan-1 well in HeilongjiangJul 17, 2015Triple Energy Ltd. updated on activities at the Niaoshan-1 well currently underway in the Bird Mountain area of the Company's Aolong Joint Venture project in
Junex's rig Installed in preparation for the drilling of the Galt No. 5 horizontal wellJul 17, 2015Junex Inc. says that its Foragaz No. 4 drilling rig is now installed in preparation for the drilling of the Junex Galt No. 5 Horizontal well that the Company plans to spud next week.
Winchester Energy spuds second White Hat wellJul 17, 2015As a consequence of successful commercial oil production from the White Hat 20#1 vertical well, the Operator of that well, Carl E Gungoll Exploration LLC has
EMGS receives permits for multi-client survey in MexicoJul 17, 2015EMGS has received permits from Mexico's Comisión Nacional de Hidrocarburos (CNH) authorizing the acquisition of up to approximately 88,000 square km 3D EM
Sound Oil awarded Casa Tonetto production concessionJul 17, 2015Sound Oil is pleased to announce the award of the Casa Tonetto production concession (which includes the Nervesa discovery) from the Italian Ministry of Economic Development.
ABB launches revolutionary 100 day challenge For UKCS operatorsJul 17, 2015Global engineering and consultancy firm ABB Consulting has launched its 100-day UKCS cost reduction challenge, in a move that is set to galvanise the industry's economic recovery.
Rosatom and South Africa to cooperate in nuclear power developmentJul 17, 2015The State Corporation Rosatom and the Department of Energy of South Africa have just signed two agreements: the first is the Memorandum on cooperation
Floating Production Market slows further in Q2Jul 17, 2015In its recently published Q3 2015 Floating Production Systems Report, Energy Maritime Associates (EMA), analyzed the latest market activity for all types of Floating
NPD declares June 2015 production figuresJul 17, 2015Preliminary production figures for June 2015 show an average daily production of about 1 948 000 barrels of oil, NGL and condensate.This is 49 000 barrels per day (about 3 percent) more than
