Seadrill reduces stake in SapuraKencana Petroleum BhdApr 11, 2014Seadrill Limited has sold 230 million shares of SapuraKencana raising approximately US$300 million in proceeds. The total economic gain realized from this sale is approximately US$165 million.
Wireline Engineering strengthens team with key appointmentsApr 10, 2014Wireline and well intervention technology specialist Wireline Engineering has announced the addition of
Well Services firm attracts £7.5million investmentApr 10, 2014Maven Capital Partners has invested £7.5million in RMEC Ltd. in the private equity firm’s seventh
Circulation Solutions opens warehouse and sales location in Beeville, TexasApr 10, 2014Circulation Solutions, LLC has opened a new warehouse and sales location in Beeville, Texas, to better
BSR Pipeline Services Ltd secures UKAS accreditationApr 10, 2014Following significant investment, pipeline service provider BSR Pipeline Services Ltd, has secured
Zeta Petroleum signs term sheets to acquire producing Russian oil assetsApr 10, 2014Zeta Petroleum has signed a non-binding term sheet to acquire Stikito Ltd a private company which has
Century Energy Ltd. announces agreement to sell Vawn assetsApr 10, 2014Century Energy Ltd. announces the sale of the Vawn Heavy Oil assets, subject to shareholder and
Magellan shifts focus to crude oil pipelinesApr 10, 2014Magellan Midstream Partners LP is shifting its focus to crude oil with the majority of its capital spending
Cunningham Energy announces new 'Dragon's Breath' horizontal well programApr 10, 2014Cunningham Energy LLC has announced plans for three additional new shallow horizontal oil wells to be
Athlon Energy to acquire certain producing properties in Northern Midland BasinApr 10, 2014Athlon Energy has entered into multiple definitive agreements with five unrelated third-party sellers to
Genoil and OW Bunker in partnership for low sulphur fuel oilApr 10, 2014Genoil Inc. and OW Bunker have signed a Memorandum of Understanding, to build an upgrader for
Guangdong Bureau of Coal Geology contracts Greka Drilling on the Hunchun projectApr 10, 2014Greka Drilling Limited has signed a new contract with Guangdong Bureau of Coal Geology ('GBCG') for
CGG provides its vessel utilization update for the first quarter 2014Apr 10, 2014CGG provides its vessel utilization and its fleet allocation updates for the first quarter of 2014.
Siemens supplies major components and service for power plant units in Saudi ArabiaApr 10, 2014Siemens Energy has received an order to supply six gas turbines, three steam turbines and nine
Tesla Exploration announces Executive resignation & appointmentApr 10, 2014Tesla Exploration Ltd. announce the appointment of Mr. Chris Brown as Vice President, HSE of the
LRQA verifies Orb Energy’s Solar Project against Gold StandardApr 10, 2014LRQA has verified the Orb Energy Solar Project in India against the Gold Standard (GS). The project
Xtract Resources provides an update on its projects in Chile and South AfricaApr 10, 2014Following the completion of the acquisition of Chepica on 24 February 2014, the strategy of the management of Xtract has been to target on and off reef development to open more areas to mine. Accordingly, the team at the mine has increased the total
Tracerco announce a live demonstration of discovery™ at NASA during OTCApr 10, 2014Tracerco, part of the FTSE100, Johnson Matthey Plc, is holding a live demonstration of the brand new version of DiscoveryTM, developed for ultra-deep-water applications, on May 7th and 8th at
Songa Offshore provides March fleet updateApr 10, 2014Songa Venus achieved an operational efficiency of 100% and an earnings efficiency of 98% during the
OMV invests EUR 400 million in Lower AustriaApr 10, 2014OMV is consolidating its commitment to oil and gas production in Lower Austria. The Weinviertel region
Petrobras secures $1.8 billion Bradesco loan for refineryApr 10, 2014Petroleo Brasileiro SA borrowed 4 billion reais ($1.8 billion) in a 17-year loan from Banco Bradesco SA
AWE awarded new exploration permit offshore Western AustraliaApr 10, 2014AWE Limited has been awarded a new exploration permit offshore Western Australia, WA-497-P
Sonoro Energy provides Q2 2014 technology updateApr 10, 2014Sonoro Energy Ltd. announce that as a result of its continued process development and optimization of
