Americas Petrogas puts four appraisal wells onto productionJan 19, 2015Americas Petrogas Inc. has put onto production the four appraisal wells which were recently drilled and completed on the Company's
LGO Energy raises over £1 million for Goudron investmentJan 16, 2015LGO has raised £1.575 million before expenses, by way of a Company arranged placing of 52.5 million new ordinary shares
Well cost reduction program saves Petrobras $1 billionJan 16, 2015Petrobras has saved around US$1 billion in cost reductions, design optimization and productivity gains since it launched its
Pacific Energy announces strong initial production rate from first of three Loomis wellsJan 15, 2015Pacific Energy Development says that its Loomis 2-6H horizontal well recently completed in Weld County, Colorado has tested
Canacol Energy increases 2015 budgetJan 14, 2015Canacol Energy Ltd. says that due to the recently announced acquisition of the VIM 5 and 19 Exploration and Production
Crown Point announces positive preliminary results at Tierra del FuegoJan 14, 2015Crown Point Energy Inc. announced positive preliminary results for the second of two oil and gas exploration wells at its 25.78%
Petroamerica makes oil discovery at Langur-1X wellJan 13, 2015Petroamerica Oil Corp. says that testing operations have established a stabilized test rate of 760 barrels of oil per day (bopd)
Petrobras discovers new oil accumulation in Farfan area in the Sergipe BasinJan 12, 2015Petrobras announces results of drilling well 9-SES-188D (Petrobras nomenclature) / 9-BRSA-1280D-SES (ANP nomenclature), located at concession area BM-SEAL-11, in block SEAL-M-426, in Sergipe Basin ultra-deep waters. The results confirm the light oil and gas discovery in Farfan area (between 37º and 40º API), as announced to the market on
Everest Hill Energy terminates farm-out agreements with Global Energy DevelopmentJan 9, 2015Global Energy Development has been informed that the wholly-owned subsidiary of Everest Hill Energy Group Ltd elected to
Pacific Energy commences initial production rate testing of Loomis wellsJan 9, 2015Pacific Energy Development has commenced testing to determine the initial production rates of the Company's 3 new horizontal
Petrobras completes drilling at Pudim well in Espirito Santo BasinJan 7, 2015Petrobras has completed drilling extension well 3-BRSA-1253D-ESS / 3-ESS-219D (Petrobras nomenclature), informally known as Pudim, at a water depth of 6,187 feet (1,886 meters), in the Espirito Santo Basin post-salt offshore Brazil. The completion of this well, which had been announced to the market on Oct. 7, confirmed the presence of excellent quality oil
PEMEX award McDermott International Ayatsil-A installation contractJan 6, 2015McDermott International, Inc. has been awarded a contract to install the offshore jacket, deck and piles for the Ayatsil-A drilling
Amerisur Resources appoints new Senior Independent non-executive DirectorJan 6, 2015Amerisur Resources has appointed Stephen Foss as a Senior Independent non-executive Director with immediate effect.
Range Resources updates Trinidad operationsDec 31, 2014Range is making significant progress on the proposed waterflood programmes in Trinidad with its strategic partner LandOcean Energy Services Co, Ltd (LandOcean).
BG Group and Petrobras submit declaration of commerciality for the Iara AreaDec 31, 2014BG Group says that its partner Petróleo Brasileiro S.A. (Petrobras), as the operator of block BM-S-11 in the pre-salt Santos Basin, has submitted the
EMGS reports sales from the multi-client library in BrazilDec 30, 2014Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 1.8 million for the
Rosneft and Petrocas create a logistics and retail Joint VentureDec 30, 2014Rosneft has entered into definitive documentation to acquire 49% stake in Petrocas Energy International Limited (Petrocas), creating the joint venture
BPZ Energy puts new Corvina CX15-14D well onlineDec 29, 2014BPZ Energy provided initial production rates from the Corvina CX15-14D development well completed in early December. The well was drilled to a total
Petrobras reaches records 700 thousand barrels per day of production at the Pre-Salt layerDec 26, 2014Petrobras has reached, in December 21st, a new historical record of oil and NGL daily production, producing 2 million 286 thousand barrels. Produced
Brazilian MV24 project: successful commissioning of MAN compression modulesDec 23, 2014Units have taken up activity in the Brazilian Santos Basin The two compression modules on board of FPSO Cidade de Mangaratiba MV24 have been
GE’s UNIK 5000 pressure sensing platform carries INMETRO and NEPSI intrinsic safety certificationDec 23, 2014The UNIK 5000 pressure sensing platform from the Druck product line of GE Measurement & Control now carries the Brazilian INMETRO and the Chinese
Sherritt International signs two new production-sharing contractsDec 22, 2014Sherritt International Corporation has signed two new Production Sharing Contracts (PSCs) with the Government of Cuba. The new blocks, 8A and 10, are located in Central and Northern Cuba
Advanced Insulation’s performance and contribution recognised by Aker SolutionsDec 19, 2014For a second consecutive year, Aker Solutions has awarded Advanced Insulation– Supplier of the Year status. The award, presented by Aker Solutions at its Supplier Day 2014 event in Brazil
Teekay Offshore awarded new FPSO contract for Petrojarl I FPSODec 19, 2014Teekay Offshore Partners L.P. has entered into an agreement with a consortium led by Queiroz Galvão Exploração e Produção SA (QGEP) to provide a