Torchlight Energy signs LoI to sell portion of Hunton assetsJun 18, 2015Torchlight Energy Resources, Inc. has signed a Letter of Intent to sell approximately 40% of its Hunton Assets to a private buyer. The agreed upon
Peterson and Veolia announce new Great Yarmouth decommissioning facilityJun 18, 2015Peterson in partnership with Veolia has announced a £1million investment in the development of a new, purpose built decommissioning facility in Great Yarmouth.
Sempra Energy to pursue formation of Sempra Partners, LPJun 18, 2015Sempra Energy says that its board of directors has authorized the company to pursue the formation and initial public offering of a publicly
Amazing Energy completes WWJD#14 wellJun 18, 2015Amazing Energy Oil & Gas Co. continues to drill within its 70,000 acre leasehold in the Permian Basin in Pecos County, Texas, with the drilling
Seadrill Limited agrees to sell West Polaris to Seadrill Partners LLCJun 18, 2015Seadrill Limited has entered into an agreement with Seadrill Operating LP (Seadrill Operating), the 58% owned subsidiary of Seadrill Partners LLC
Seawork Innovation showcase hosts unique RockFLEET vessel tracking systemJun 18, 2015The recently launched RockFLEET vessel tracking system has been selected by the Seawork International 2015 organisers as part of the popular
SUEZ ENVIRONNEMENT adopts AVEVA’s integrated engineering & design solutionJun 18, 2015AVEVA says that SUEZ ENVIRONNEMENT America Latina, is deploying a fully Integrated Engineering & Design (IE&D) solution for the first
CARBO and SCALEGUARD technologies successfully employed in GoMJun 18, 2015CARBO Ceramics Inc. announced the successful application of two of its innovative proppant technologies, KRYPTOSPHERE® HD and
Lundin spuds exploration well on the Luno II North prospectJun 18, 2015Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced drilling of exploration well 16/4-9 S on the Luno II North prospect. The Luno II discovery is located approximately 15 km south of the Edvard Grieg field in the North Sea sector of the Norwegian Continental Shelf.
Wintershall to expand natural gas production in the NetherlandsJun 17, 2015Wintershall is expanding its natural gas production in the Netherlands: the unmanned mini-platform L6-B has started to produce
AWE confirms further upside potential in Waitsia gas fieldJun 17, 2015AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, advises that wireline log and pressure data from
KNOT Offshore Partners completes acquisition of Dan SabiaJun 17, 2015KNOT Offshore Partners LP has completed its acquisition of all the ownership interests in the company that owns and operates
Austin considers sale of oil and gas property in Burleson CountyJun 17, 2015Austin Exploration has engaged Meagher Energy Advisors to conduct a tender process for a potential sale of the Company's Birch project
Ceona appoints new Chief Executive OfficerJun 17, 2015Ceona says that the company’s executive vice president commercial and business development, Mark Preece, has been appointed
PRD Energy makes management changesJun 17, 2015PRD Energy Inc. says that Mr. Edmund Watchuk, Vice President, Exploration of the Company, has chosen to retire from the
Citation successfully drills North Chapman Ranch RB #2 wellJun 17, 2015Citation Resources Limited is pleased to advise that the Russel Bevly #2 well has successfully drilled ahead to its first casing point
Ocean Signal launches rescueME EDF1 electronic distress flareJun 17, 2015Ocean Signal introduces the new rescueME EDF1, the world’s most compact electronic distress flare, to the commercial market
Absoft secures SAP support contract with Total E&P UKJun 17, 2015Absoft has secured a contract with TOTAL Exploration and Production UK Ltd, to provide SAP support services for their North Sea operations,
FX Energy commences drilling Miloslaw-4K well in PolandJun 17, 2015FX Energy, Inc. says that the Miloslaw-4K well has started drilling. The well is a planned test of a Rotliegend sandstone target at a projected
Petro Vista executes binding MOU for the sale of interest in Tartaruga blockJun 17, 2015Petro Vista Energy Corp. has entered into a binding memorandum of understanding with Maha Energy Inc. for the sale of its all
Tethys Oil commences Lithuanian drilling programmeJun 17, 2015A three well drilling programme on the Raseiniai licence onshore Lithuania has commenced. The first well, the Bedugnis-1 well,
P&A Guideline from DNV GL could save the oil and gas industry more than USD32 billionJun 17, 2015The plugging and abandonment (P&A) of offshore wells represents a significant cost to operating companies and national authorities. On the Norwegian Continental Shelf (NCS) alone, the cost is estimated to be USD108bn (NOK1870bn) over the next 40 years. Now a new DNV GL guideline will introduce a risk-based approach instead of the current prescriptive practice.
J2 Subsea opens new subsea tooling facility in HoustonJun 17, 2015J2 Subsea, an Acteon company, has opened a new subsea tooling facility at sister Acteon company, Seatronics’, subsea
Delivering improvements, estimating workforce reductionsJun 17, 2015The effort to standardise, simplify and increase efficiency across Statoil enters the next phase. The potential workforce reduction