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News
Subsea 7 S.A. awarded contract in the Ivory CoastOct 3, 2014Subsea 7 S.A. has been awarded a contract in the Ivory Coast by CNR International (Côte d’Ivoire) SARL (CNR International) in support of its
Seismic cooperation in the Barents Sea gives new perspectivesOct 3, 2014Statoil and its partners have completed their joint seismic acquisition project in the south-eastern Barents Sea. New forms of cooperation have
Sterling Resources completes testing of Breagh well A08Oct 3, 2014Sterling Resources Ltd. advise that hydraulic stimulation, perforation and production testing of Breagh well A08 have been successfully completed.
Emerson launches enhancements to reservoir engineering software suiteOct 3, 2014Emerson Process Management has launched Roxar Tempest™ 7.1, the latest version of its integrated reservoir engineering software suite.
New name for DUCO: Technip UmbilicalsOct 3, 2014In a move to align itself more closely with parent company Technip, subsea umbilical manufacturer DUCO has revealed a new brand. On Monday, September 22, DUCO Ltd. in Newcastle upon Tyne, UK became Technip Umbilicals Ltd. and on Tuesday, September 30, DUCO Inc. in Houston, Texas became Technip Umbilicals Inc. respectively.
President Energy successfully completes first stage of drilling on the Lapacho wellOct 2, 2014President Energy has successfully completed the first stage of drilling on the Lapacho well and has cased the well to a depth of 3,200 metres,
Dragon Oil awarded exploration Blocks in AlgeriaOct 2, 2014Dragon Oil in partnership with ENEL Trade S.p.A. (Enel) has been awarded two exploration blocks (perimeters) in Algeria, Tinrhert Nord Perimeter and Msari Akabli Perimeter.
Jee Ltd awarded pioneering cable solutions contractOct 2, 2014Jee Ltd has been awarded a contract from Scottish Enterprise to develop subsea electrical array cable solutions for tidal energy installations.
Wood Group Mustang hires new Manager, pipeline business unit, Canadian regionOct 2, 2014Wood Group Mustang has appointed Harold Kraft to the newly-created position of Manager, Pipeline, Canadian region.
TransCanada sells 30% interest in Bison to TC PipeLines, LPOct 2, 2014TransCanada Corporation has entered into an agreement to sell its remaining 30 per cent interest in Bison Pipeline LLC (Bison) to its master limited
Marquee Energy completes strategic non-core asset dispositionOct 2, 2014Marquee Energy Ltd. has completed the previously announced disposition of its non-core, gas-weighted asset located in the Pembina area of
Swissco Holdings completes acquisition of four additional rigsOct 2, 2014SGX Mainboard-listed Swissco Holdings Limited has completed the acquisition of four additional mobile offshore drilling units, bringing the fleet of rigs
Jura Energy extends maturity date of C$ 11 million credit facilityOct 2, 2014Jura Energy Corporation has entered into an amended loan agreement with its principal shareholder, Eastern Petroleum Limited (EPL), pursuant to
InterOil Corporation prepares to set seven-inch casing in the Raptor-1 wellOct 2, 2014InterOil is preparing to set seven-inch casing in the Raptor-1 well in PPL 475 in the Gulf Province of Papua New Guinea. The casing point is slightly
PetroQuest Energy completes sale of Eagle Ford assetsOct 2, 2014PetroQuest Energy, Inc. has completed the sale of its Eagle Ford assets for net proceeds of approximately $9.7 million. The Company estimates that
Plexus wins significant order from BG GroupOct 2, 2014Plexus Holdings has received a purchase order ('PO') from BG Group (UK) ('BG UK') to supply surface wellhead and mudline equipment services for
Gulf Keystone to achieve the target of 40,000 bopd of production at ShaikanOct 2, 2014Gulf Keystone Petroleum Limited remains focused on achieving the target of 40,000 barrels of oil per day (bopd) of production capacity from the
EMGS reports multi-client sales worth $ 3.7 millionOct 2, 2014Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 3.7 million, after
Huntington production stable following August shut downOct 2, 2014Iona Energy Inc. has previously announced that Huntington production was expected to be shut down from 30th October 2014 until 5th December
Endeavour International closes $440 million senior secured first lien term loanOct 2, 2014Endeavour International Corporation has closed a $440 million senior secured term loan (the "Credit Agreement") with an annual interest rate of
Baker Hughes implements new policy of full chemical disclosure for fracturing operationsOct 2, 2014Baker Hughes Incorporated has implemented a new policy of disclosing 100% of the chemistry contained within its hydraulic fracturing fluid systems,
Magnum Hunter to sell certain non-core assets located in Divide CountyOct 2, 2014Magnum Hunter Resources Corporation says that Bakken Hunter, LLC, a wholly-owned subsidiary of the Company, closed on the sale of certain
Cardinal Energy closes second Wainwright acquisitionOct 2, 2014Cardinal Energy Ltd. has completed its previously announced acquisition in the Wainwright area of Alberta. The acquired assets are 99.4% operated,
LUKOIL Overseas declares Sergey Nikiforov as new PresidentOct 2, 2014LUKOIL says that as of October 1st, 2014, Andrey Kuzyaev, President of LUKOIL Overseas Holding since 2000, is transferred to a position in the
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