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News
Moore Stephens says 2015 should see return of healthy shipping industryJan 13, 2014International accountant and shipping adviser Moore Stephens believes that the shipping industry’s fortunes should be noticeably improved by
Platts Survey: OPEC Pumps 29.72 Million Barrels of Crude Oil Per Day in DecemberJan 13, 2014Platts – Oil production from the Organization of the Petroleum Exporting Countries (OPEC) edged up by 20,000 barrels per day (b/d) to 29.72
Fairmount Marine safely delivered ENSCO rig in MaltaJan 13, 2014Fairmount Marine has safely delivered rig ENSCO 5004 in Malta at the end of a voyage that began offshore Rio de Janeiro. Rig ENSCO 5004 is
GATE, Inc. makes strategic acquisition of Offshore SolutionsJan 13, 2014GATE completed the acquisition of OFFSHORE SOLUTIONS, formerly owned and operated by Grand Isle Shipyard Inc.
Twin oil tankers delivered by Damen Shipyards Bergum to De Opfeart Beheer and James Fisher EverardJan 13, 2014Twin oil tankers delivered by Damen Shipyards Bergum to De Opfeart Beheer and James Fisher Everard
Three Forks reports initial production on two new wells on Jennings lease in Archer County, TXJan 13, 2014Three Forks, Inc. announced initial potential rates of 46 BOPD and 86 BOPD on two new wells on its Archer County, Texas, project.
Petroamerica Oil makees two oil discoveries in ColombiaJan 13, 2014Petroamerica Oil Corp. is pleased to announce two new oil discoveries, present its expected 2014 production and capital expenditure guidance,
SNC-Lavalin awarded strategic oil transportation contract by Ecopetrol S.A. in ColombiaJan 13, 2014SNC-Lavalin, through its subsidiary, Itansuca Proyectos de Ingeniería S.A.S., has been awarded a consulting services contract by Ecopetrol S.A.
Wärtsilä signs a contract to supply LNG terminal to Tornio in FinlandJan 13, 2014Wärtsilä has signed a turnkey contract to supply a liquefied natural gas (LNG) receiving terminal to be built in Tornio, northern Finland. The contract, valued at approximately EUR 100 million,
Foster Marketing names Bonner Vice President of Digital ServicesJan 10, 2014Foster Marketing has named Kristy Bonner as vice president of digital services, President Tiffany Harris announced.
Interwell’s technology results in significant cost and time savings for StatoilJan 10, 2014Well intervention specialist Interwell has successfully installed and retrieved its award-winning expandable junk catcher add-on (EJCA) in multiple
Decom North Sea to host Lunch and LearnJan 10, 2014Decom North Sea (DNS), the offshore oil and gas decommissioning forum, is hosting a lunch and learn event to share valuable insight into
Gulf Coast Western secures large acreage position in South TexasJan 10, 2014Dallas-based Gulf Coast Western has secured approximately 3,500 acres in Wilson County, Texas. The company plans to initially drill
Manitok Energy achieves new monthly average production recordJan 10, 2014Manitok Energy Inc. is pleased to provide an update on its latest operations.Based on field estimates, Manitok's production averaged 5,550 boe/d (58% oil and liquids) over
CAMAC Energy secures long-term FPSOJan 10, 2014CAMAC Energy Inc. announced that a letter of intent (LOI) has been signed regarding terms and conditions of a long-term agreement for the
Simba Energy signs exclusive letter of intent for farmout of Block 2A in KenyaJan 10, 2014Simba Energy Inc. has signed an exclusive letter of intent (the 'LOI') with a private group (the 'Group') based in Calgary, Alberta to farmout up to
PetroFrontier announces 2014 work plan and budget for the Southern Georgina BasinJan 10, 2014PetroFrontier Corp. announce that the Joint Venture Operating Committee has approved the 2014 Work Plan and Budget (the "2014 WP&B").
Nitro Petroleum provides update on Elmo #2Jan 10, 2014Nitro Petroleum Incorporated is announcing that a well they own interest in is preparing to spud today, 1-7-2014, named the Elmo #2 located in
Best practice explosion technology and time saving with new Phast 3D ExplosionsJan 10, 2014Consequence and risk analysis experts evaluating explosion hazards have historically had to undertake time-consuming analyses, and have
Baker Hughes announces December 2013 rig countsJan 10, 2014Baker Hughes Incorporated announced that the international rig count for December 2013 was 1,335, up 24 from the 1,311 counted in November
Wintershall signs farm-in-agreement with Gas y Petróleo del NeuquénJan 10, 2014On January 7, 2014, Ing. Guillermo Coco, President of Gas y Petróleo del Neuquén S.A., Martin Bachmann, Member of the Board of
New Western Energy Corporation to acquire Legend Oil and Gas Ltd.Jan 10, 2014New Western Energy Corporation has entered into a non-binding letter of intent (LOI) to acquire all of the issued and outstanding common shares
PetroNova receives environmental license for the Tinigua BlockJan 10, 2014PetroNova Inc. announce that the Colombian Environmental Licenses Authority has granted PetroNova an environmental license for the Tinigua
Petromanas formally announces discovery on Blocks 2-3 in AlbaniaJan 10, 2014Petromanas Energy Inc. announced that based on its previously disclosed well results and initial positive 30 day pressure build-up data from the
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