Sembcorp Marine incorporates a new subsidiary in IndonesiaDec 25, 2014Sembcorp Marine says that PT SMOE Indonesia, a subsidiary of the Company, has set up a new subsidiary known as PT SMOE Singgar Mulia Engineering
Hoidi wins rig leg fabrication contract from CMHI for 2 Bestford's jackupsDec 25, 2014HOIDI International Pte Ltd, production division, Tianjin HOIDI Group Co. Ltd, have won work for the Rig Leg Fabrication & Construction of Two
Lion Energy plans total depth drilling for Lofin-2 wellDec 25, 2014Lion Energy Limited says that the Lofin-2 appraisal well has reached 2295m MD and 13-3/8 inch casing has been run and cemented.
BG Group agrees sale and charter of LNG vesselsDec 25, 2014BG Group has entered into an agreement with GasLog Ltd for them to acquire two modern tri-fuel diesel electric (TFDE) LNG carriers for proceeds of $460 million. BG Group will charter back the two vessels, the Methane Becki Anne and Methane Julia Louise, for nine and eleven years with further options to extend the term for each vessel by either three or five years.
Baron Oil progress on exploration Block XXI onshore PeruDec 25, 2014Baron Oil issues a further update report on progress within large onshore Block XXI. Baron Oil now owns 100% of Block XXI which covers 3,030 sq km
Andes Energia acquire interest in InteroilDec 24, 2014The Board of Andes has agreed with the board of Interoil Exploration and Production ASA (IOX) to invest NOK 36.3 million (US$4.95 million) in IOX
Chariot update on Morocco farm-outDec 24, 2014Chariot Oil & Gas Limited says that the farm-out signed between its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd. and a wholly
Enegi Oil results for the year ended 30 June 2014Dec 24, 2014Enegi announces its results for the year ended 30 June 2014. Continuing focus on the development of the Marginal Field Initiative through ABT Oil and Gas Ltd.
Gazprom outline investment program, budget and costDec 24, 2014The Gazprom Board of Directors took notice of the information about the Company's preliminary operating results for 2014, projected Investment
PTTEP receives EIA Monitoring Awards 2014Dec 24, 2014PTT Exploration and Production Public Company Limited ( PTTEP), represented by Mr. Sorasan Milindasuta, Senior Vice President, Supply Chain
Wison secures a contract of a second Floating LNG Liquefaction unit from EXMARDec 24, 2014Wison Offshore & Marine (Wison) has won a contract for the delivery of a second Floating LNG Liquefaction Unit (FLNG) from EXMAR NV (EXMAR).
Hess signs LOI with the North West Shelf to liquefy Equus gasDec 24, 2014Hess Corporation’s Australian subsidiary, Hess Exploration Australia Pty Ltd, has signed a non-binding Letter of Intent (LOI) with the North West Shelf (NWS).
Platts Report: China oil demand rises 3.5% in November from year agoDec 24, 2014China's apparent oil demand in November rose 3.5% year over year to 42.18 million metric tons (mt), or an average 10.31 million barrels per day (b/d),
Statoil optimises portfolio – realising USD 394 million from Marcellus assetDec 24, 2014Statoil has agreed to reduce its working interest in the non-operated US southern Marcellus onshore asset from 29% to 23%, following a USD 394 million
Flexlife registers increased revenue and profitDec 24, 2014Flexlife has demonstrated enhanced business growth in its annual results for the year ending 31 March 2014. This includes an increase in headline EBITDA to £1.034m and a 5% increase in
Ithaca Energy appoints Mr Roy Buchan as Chief Operations OfficerDec 24, 2014Ithaca Energy Inc. has appointed Mr Roy Buchan as Chief Operations Officer, starting 5 January 2015. Mr Buchan has over 30 years of operational experience in the oil and gas industry.
Bowleven to complete Etinde farm-out transactionDec 24, 2014Bowleven says that the Etinde farm-out transaction with LUKOIL/NewAge is at the final stage of completion. Following the Government's official approval
Lundin Petroleum completes the Storm exploration well, offshore NorwayDec 24, 2014Lundin Petroleum, through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), has completed the drilling of wildcat well 33/2-1 on PL555.
Getech achieves first orders under existing National Oil Company umbrella contractDec 23, 2014Getech says that the first orders have been placed under the umbrella contract referred to in the announcement on 4th November 2014.
Circle Oil make gas discovery in MoroccoDec 23, 2014Circle Oil has made a significant gas discovery following the preliminary results of drilling of the well KSR-12 in the Sebou Permit, onshore Morocco.
Tendeka wins two major contracts in RussiaDec 23, 2014Tendeka has won two significant contracts for the sand and inflow control technology in Russia. Tendeka is the market leader in autonomous inflow
BP and SOCAR sign an agreement to explore shallow water Absheron PeninsulaDec 23, 2014BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) has signed a new production sharing agreement (PSA) to jointly explore for and
Junex nearing the end of its swabbing/well cleanup operationsDec 23, 2014Junex Inc. is nearing the end of its swabbing/well cleanup operations at its Galt No. 4 Horizontal Well that it performed in preparation for oil production
Premier completes the sale of its non-operated interests to MOL GroupDec 23, 2014Premier Oil provides an update in relation to two previously announced asset sales which have now completed. The combined cash consideration of the two transactions is $147.5 million. Premier has completed the sale of its non-operated interests in the producing Scott, Telford and Rochelle fields to MOL Group for a cash consideration of $130 million
