Client demand draws Johnston Carmichael to Middle EastNov 11, 2014A team from Johnston Carmichael is to visit the Middle East next week as an increasing number of its oil and gas clients look towards investment in
Xcite selects AGR planning software for BentleyNov 11, 2014AGR’s software, P1™, has been selected by Xcite Energy to support development of the Bentley Field, one of the largest fields in the UKCS.
LumaSense Technologies introduces the PULSAR 4 at ADIPEC 2014Nov 11, 2014LumaSense Technologies, Inc.® introduced its next generation petrochemical infrared sensor, the PULSAR 4 at ADIPEC 2014. With installations at
Coretrax officially launches game-changing product to MarketNov 11, 2014Coretrax is launching its award-winning CX-IST (Inflation Support Tool) to the oil and gas market at ADIPEC, following a $3 million development investment.The company will unveil its ground-breaking cement placement technology during ADIPEC, which is one of the top three oil and gas events in the world. The product significantly reduces rig time, offering substantial cost savings.
Penspen appoints Caroline Brown and Neale Carter as COO and Executive VP of Sales and MarketingNov 10, 2014Positioning itself to grow in size and scope in order to better serve its clients across the Energy industry, Penspen has added two high-profile new appointments
Magellan announces executive promotions and new management incentive programNov 10, 2014Magellan Petroleum Corporation announced, effective October 31, 2014, the promotion of Antoine J. Lafargue to the position of Senior Vice President
Rose Petroleum declared updated Ryder Scott Mancos resource estimateNov 10, 2014Rose Petroleum announce that Ryder Scott Company LP (Ryder Scott) has issued its Certified Resource Estimates on the assets recently acquired
Jura Energy closes PKR 400 million financing facilitiesNov 10, 2014Jura Energy Corporation has closed two financing facilities totalling Pakistan Rupees (PKR) 400 million (equivalent to US$ 3.89 million at the exchange rate
Parex Resources 2015 guidance delivers 30% production growthNov 10, 2014Parex Resources Inc. announces its 2015 full year guidance. 2015 average production range of 28,500-30,000 barrels of oil per day (bopd) as compared
Bibby Offshore wins Investment in People AwardNov 10, 2014Bibby Offshore has won the Investment in People award at the 2014 Oil & Gas UK Awards. The winners were announced on Thursday 6 November 2014
Virtus Oil and Gas receives updated resource evaluation reportNov 10, 2014Virtus Oil and Gas Corporation says that an updated independent assessment of the Company's prospective resources by Gustavson Associates
Barents Sea exploration campaign completedNov 10, 2014Statoil has completed the extensive 2013-2014 exploration programme in the Barents Sea. This represents an all-time high exploration activity and
Faroe Petroleum awarded two new exploration licences on the UK Continental ShelfNov 10, 2014Faroe Petroleum has provisionally been awarded two new exploration licences on the UK Continental Shelf in the UK's 28th Offshore Licensing Round.
Lundin Petroleum announces voluntary delisting from Toronto Stock ExchangeNov 10, 2014Lundin Petroleum has applied for the voluntary delisting of its shares from the Toronto Stock Exchange (TSX). The TSX has confirmed that Lundin
Concho Resources announces resignation of A. Wellford Tabor from its Board of DirectorsNov 10, 2014Concho Resources Inc. says that A. Wellford Tabor has resigned from the Board of Directors and all its committees. Timothy A. Leach, the Company's Chairman,
Sirius Petroleum provides an update on fundingNov 10, 2014The Board of Sirius says that it is progressing discussions for a US$15m convertible loan (the "Convertible Loan") with a Dubai-based energy focused
The Ferguson Group offers robust and reliable offshore containers across the Middle EastNov 10, 2014The Ferguson Group will be showcasing their product range at ADIPEC, 10th – 13th November 2014.
The Group has bases in Dubai and Abu Dhabi, having expanded considerably
Petroamerica commences drilling of two key exploration wellsNov 10, 2014Petroamerica Oil Corp. commences drilling operations on two of its exploration properties in the Llanos Basin of Colombia. The Zampoña-1 exploration well was spud on October 28, 2014
Rex Energy makes management changeNov 10, 2014Rex Energy Corporation’s Chief Financial Officer, Michael Hodges, has decided to resign from his position effective January 31, 2015. There have
Technip forms an alliance with Biochemtex for bioethanol technologyNov 10, 2014Technip in Italy and Biochemtex, have signed an alliance agreement for future Biochemtex Second Generation Bioethanol projects.This alliance aims to achieve industry leading capital productivity,
Statoil strengthens its position on the UK Continental ShelfNov 10, 2014Statoil was awarded interests in 12 new licences, 9 as Operator, in the 28th licensing round on the UK Continental Shelf, announced by the Department
SCHOTTEL HYDRO - focusing on hydrokinetic energyNov 10, 2014SCHOTTEL, manufacturers of ship propulsion solutions, has founded a new subsidiary - SCHOTTEL HYDRO GmbH. The new company will incorporate
Claxton’s new conductor cementing support system delivers huge rig time savingsNov 10, 2014Claxton Engineering Services Ltd, an Acteon company, has developed a new conductor cementing support system (CCSS) that has typically saved
Seadrill disclosure regarding Sevan Drilling ASANov 10, 2014Seadrill has entered into a forward agreement for 216,065,464 Sevan shares expiring February 6, 2015 with a strike price of NOK 4.1701.
