Canadian Oil Sands declares 2015 budget
Dec 4, 2014
Canadian Oil Sands Limited announced its budget for 2015, which is marked by significantly lower capital expenditures, as Syncrude's major

2H Offshore relocates to larger premises in Kuala Lumpur, Malaysia, and Perth, Australia
Dec 4, 2014
2H Offshore, an Acteon company, has invested in improved office facilities in Malaysia and Australia, to support ongoing growth in the Asia

Masirah Oil commissions 3D seismic survey In Block 50 Oman
Dec 4, 2014
Masirah Oil Ltd has commissioned a new 3D seismic survey in Block 50 Oman. The seismic survey, will be undertaken by Dolphin Geophysical

Absoft fills energy sector skills gap as operators move process support functions into the contractor landscape
Dec 4, 2014
SAP consultancy Absoft is responding to rising demand to provide process and systems support to energy sector operators and service

Express Energy Services appoints new Chief Financial Officer
Dec 4, 2014
Express Energy Services has joined the company as executive vice president and chief financial officer (CFO). The appointment is effective

Kangaroo 2 wireline logging complete
Dec 4, 2014
As at 2000 hrs BRST on 2 December 2014, wireline logging of the Kangaroo-2 appraisal well was complete and preparations were underway to

Senex Energy commences 8th well in FY15 Cooper-Eromanga oil push
Dec 4, 2014
Senex Energy Limited has now drilled seven wells of its FY15 drilling program in the South Australian Cooper-Eromanga Basin, and spudded the

InterOil Corporation flared gas and condensate from Raptor-1 well test
Dec 4, 2014
InterOil Corporation flared gas and condensate from the Raptor-1 well test. Raptor is only 12km west of Antelope and the deepest well drilled into

Wood Group Mustang signs agreement with Century 3
Dec 4, 2014
Wood Group Mustang has signed a memorandum of understanding with Century 3, a Shanghai, China-based engineering, construction and

Park Energy completes acquisition of Bray Production Services
Dec 4, 2014
Park Energy Services, LLC has acquired Oklahoma-based manufacturer Bray Production Services, LLC in a move to better serve operators with

Schlumberger announces $800 million cutback to survey fleet
Dec 4, 2014
Schlumberger has filed an 8-K with the US Securities and Exchange Commission, announcing an $800m writedown for their seismic survey fleet.

WPX Energy signs $300 million deal for Marcellus Shale
Dec 4, 2014
WPX Energy has signed an agreement to sell its operations in northeast Pennsylvania and release certain firm transportation capacity to

Secorp Industries opens its new district office in Hobbs
Dec 4, 2014
Secorp Industries, a provider of safety services and equipment for the oil and gas industry, has opened its new district office in Hobbs, New Mexico.

LR Senergy rewarded for ethical energy work in Africa
Dec 4, 2014
LR Senergy received the Best Oil & Gas Services Award at the 2014 African Achievement Awards Scotland on Friday (28th November) for the

Hoover forms partnership with First Reserve
Dec 4, 2014
Hoover Container Solutions (Hoover”) has entered into an agreement to partner with First Reserve, the largest global private equity firm

First oil from Gulf of Mexico Jack/St. Malo project
Dec 4, 2014
Oil and natural gas production started from the partner-operated Jack/St. Malo project in the US Gulf of Mexico. Statoil’s expected production from the combined fields is 23,000 barrels of oil equivalent per day at peak production.The Jack/St. Malo project in the US Gulf of Mexico is the first of five major Statoil US offshore fields that will begin production over the next few years.

The Switch permanent magnet shaft generator passes bench test
Dec 3, 2014
The Switch has successfully tested its PM shaft generator in a rigorous bench test in Vaasa. The first pair in an order of four PM shaft generators

Sunshine Oilsands appoints a Non-Executive Chairman
Dec 3, 2014
The Board of Directors of Sunshine Oilsands Ltd. has appointed Mr. Tingan Liu (a director of the Corporation since February 1, 2011 and the

Caterpillar to power four Maersk subsea service vessels with part-load optimized M 32 E engines
Dec 3, 2014
Caterpillar Marine announces that MaK™ diesel electric propulsion (DEP) solutions have been selected to power four Maersk Supply Services

Spyglass Resources to sell Red Earth property
Dec 3, 2014
Spyglass Resources Corp. has entered into a purchase and sale agreement to sell its Red Earth assets for $12.3 million (prior to normal closing adjustments).

Proserv secures significant contract with Hess Corporation
Dec 3, 2014
Proserv has secured a major contract win worth in excess of $20 million, underpinning the company's fast-evolving international footprint and

Caza Oil & Gas announces increased value in PDP and Proved reserves
Dec 3, 2014
Caza Oil & Gas, Inc. announces an increase in the value of PDP and Proved reserves in the current year as a result of its successful development

Senex Energy achieves first commercial gas sales
Dec 3, 2014
Senex Energy Limited has commenced commercial production of gas, achieving its inaugural gas sales from the Hornet field in the Cooper Basin.

President Energy agrees to modify the monies payable under sale and purchase contract
Dec 3, 2014
President Energy says that following the recent acquisition of operatorship and 100% ownership of the Puesto Guardian Concession, the