EXHEAT Group acquires Seaward Safety LtdDec 19, 2014EXHEAT Group Ltd has acquired 100% of Seaward Safety Ltd share capital, specialists in Marine and Offshore safety signage and systems.
OPEC net oil export revenues expected to fall in 2014 and 2015Dec 19, 2014Based on crude oil market assessments in the Short-Term Energy Outlook, EIA estimates that members of the Organization of the Petroleum Exporting Countries (OPEC),
Shell agrees to sell downstream businesses Norway to ST1Dec 19, 2014Shell has signed an agreement with ST1 for the sale of its retail, commercial fuels and supply and distribution logistics businesses in Norway. In addition, Shell's aviation business in Norway will become a 50-50 joint venture with ST1. The sale is subject to regulatory approval and is expected to be completed in 2015.
Development plan for Gullfaks Rimfaks valley submittedDec 18, 2014Statoil and its partners have decided to develop the Rutil discovery located in the Gullfaks Rimfaks valley in the North Sea. Providing close to 80 million
IDC Energy Insights reveals oil & gas predictions for 2015Dec 18, 2014IDC Energy Insights hosted the IDC FutureScape: Worldwide Oil & Gas 2015 Predictions Web conference, which highlighted predictions based on a new
NEOS GeoSoloutions completes airborne acquisition operations in LebanonDec 18, 2014NEOS GeoSolutions, Inc. has completed airborne acquisition operations, with the full support of its local partner Petroserv SAL, on its previously
TGS appoints Chief Operating OfficerDec 18, 2014The Board of TGS has appointed Kristian Johansen to the newly created role of Chief Operating Officer (COO), effective 1 February 2015.
Launch of second stage of Urengoyskoe fieldDec 18, 2014OAO NOVATEK says that SeverEnergia (a joint venture between NOVATEK and OAO Gazprom Neft) launched the second stage of the Urengoyskoye field
Sheridan raises $1.5 billion for acquisition of onshore US producing oil and gas assetsDec 18, 2014Sheridan Production Partners has raised $1.5 billion in equity commitments through its third fund, Sheridan Production Partners III, to acquire onshore
Technip awarded a €100 million Onshore Oil & Gas Terminal project by ONGC in IndiDec 18, 2014Technip has been awarded an approximately €100 million contract by Oil and Natural Gas Corporation Limited (ONGC) to build a 6 MMSCMD onshore
Pre-close operational update from Chariot Oil & GasDec 18, 2014Chariot Oil & Gas Limited provides a pre-close operational update. During the course of 2014, Chariot has carried out substantial amounts of technical work across the entirety of its portfolio,
Drillsearch Energy restarts oil production at Flax-3 wellDec 18, 2014Drillsearch Energy Limited has restarted oil production from the Flax facility in PRL 14 (Drillsearch 100% and Operator) in the Cooper Basin.
InfraStrata appoints Alan Booth as a Non-Executive DirectorDec 18, 2014The Board of InfraStrata has appointed Alan Booth (aged 56) as a Non-Executive Director. His appointment will take effect following the Company's
Cambla exceeds growth expectations in its first year of businessDec 18, 2014Independent project services consultancy, Cambla, has achieved significant success during its first year of business as it announces it has exceeded its
Ramboll acquires US-based ENVIRONDec 18, 2014Ramboll has acquired the US-based global consultancy, ENVIRON, adding more than 1,500 environmental and health science specialists in 21 countries.
Marathon Oil provides update on 2015 capital budgetDec 18, 2014Marathon Oil Corporation anticipates its 2015 capital, investment and exploration budget will be approximately $4.3-4.5 billion, or about 20 percent lower
SBM Offshore's CGCO to retire and join Supervisory BoardDec 18, 2014SBM Offshore says that Sietze Hepkema has decided to retire as Chief Governance and Compliance Officer (CGCO). Mr. Hepkema will continue to
GE agrees to acquire Oceaneering’s Electric Actuator Product LineDec 18, 2014GE has signed an agreement to acquire the Subsea Electric Actuator product line of Oceaneering. The product line goes to market under the Oceaneering Subsea All Electric and
FMC Technologies wins subsea systems order Offshore NigeriaDec 18, 2014FMC Technologies, Inc. has received an order from Star Deep Water Petroleum Limited (a Chevron company), operator of the Agbami field, to provide
Rose Petroleum initiates completion work on State 16-42 Paradox wellDec 18, 2014Rose Petroleum’s wholly owned subsidiary, Rose Petroleum (Utah) LLC, has begun the initial operations for completion of the State 16-42 Paradox well
Changfeng enters into agreement with PetroChina Company for Xiangdong projectDec 18, 2014Changfeng Energy Inc. has entered into a natural gas purchase and sale agreement (the "Agreement") with PetroChina Company Ltd. (PetroChina)
VARD secures contract for one OSCV for Farstad ShippingDec 18, 2014Singapore-listed offshore and specialised shipbuilder Vard Holdings Limited (VARD) has secured a contract for the design and construction of one Offshore
Solo Oil increases OIIP estimates from Horse Hill-1 discovery wellDec 18, 2014Solo says that, as a result of the analysis and integration of subsurface data from the Horse Hill-1 (HH-1) discovery well, in which Solo holds a net
Platts JKM™ for January-delivered LNG slumped 46.9% in largest year over year dropDec 18, 2014Prices of spot liquefied natural gas (LNG) for January delivery to Asia plunged 46.9% year over year to average $10.062 per million British thermal units
