Diesel fuel retail price falls below $2.00 per gallon for first time since 2005Feb 18, 2016EIA's weekly survey of diesel prices shows that the U.S. average retail price for on-highway diesel fuel was $1.98 per gallon (gal) on February 15, falling below $2/gal for the first
Northcote Energy initiates asset sales processFeb 18, 2016Northcote Energy says that over recent months, the Company has been in discussions with various parties who have expressed interest in acquiring its Oklahoma Portfolio.
Senex Energy declares 2016 half-year guidanceFeb 18, 2016Senex Energy Limited expects to recognise the following significant items in its 2016 half year accounts: Gain on sale of the Maisey block of approximately $38 million
SacOil commences 2D seismic data acquisition over Block III, Albertine GrabenFeb 18, 2016With the granting of a two-year extension to current exploration period of Block III by the Minister of Hydrocarbons of the Democratic Republic of Congo, Total E&P RDC as operator of Block III, has
E-learning business adapts to suit current climateFeb 18, 2016An Aberdeen based e-learning business has launched their new website reflecting their understanding of the change in the current economic climate.
Mintra combines with Norwegian OCS HR to form global teamFeb 18, 2016Mintra Training Portal has joined forces with Norwegian software firm OCS HR as part of ambitious growth plans. It is the latest development in the Mintra story. In 2014
Statoil cancels contract with sub-leased rigFeb 18, 2016Statoil has decided to cancel the contract with Maersk Gallant.The Maersk rig has been on contract with Statoil for two years, since 21 August 2014, and since 9 October it has been
Statoil agrees farm-in with OMV in New ZealandFeb 18, 2016Statoil has agreed with OMV to acquire a 30% working interest in Petroleum Exploration Permit (PEP) 57073. This will further strengthen Statoil’s position in New Zealand. The permit covers an area of 9,800 square kilometres in the East Coast Basin, and sits in water depths of 1,000-2,000 metres. OMV will remain the operator with 70% working interest. The transaction is subject to regulatory approval.
Technip to provide Dorr Oliver FluoSolids® roasting system for KGHM in PolandFeb 17, 2016Technip was awarded a contract by KGHM(1) to provide engineering and procurement services for a 480 metric ton per day Dorr Oliver FluoSolids® roaster system for the Glogow I Copper
Madalena finds oil in the Lower Agrio Shale in ArgentinaFeb 17, 2016Madalena Energy Inc. declares the initial results of its completion and testing of the Lower Agrio shale formation on its 90% working interest operated block at Curamhuele in Argentina.
Nexif Energy acquires controlling interest in Vietnamese Hydro Power projectFeb 17, 2016Nexif Energy, a Southeast Asian independent power producer, has taken controlling interest in the 30 megawatt (MW) Coc San hydro power project in Vietnam through the acquisition of a majority ownership
NDT Global gets order for the demanding Åsgard Transport gas pipelineFeb 17, 2016NDT Global has received a multi-million euro contract, on behalf of Gassco, from Statoil. In close collaboration with Statoil, NDT Global is developing a suitable inline inspection (ILI) tool for the Åsgard
Statoil launches USD 200m new energy investment fundFeb 17, 2016Statoil launches a new venture capital fund dedicated to investing in attractive and ambitious growth companies in renewable energy, supporting its strategy of growth in new energy solutions.
Kongsberg Maritime appoints new PresidentFeb 17, 2016Egil Haugsdal follows Geir Håøy as President of Kongsberg Maritime. Haugsdal holds extensive leadership experience from KONGSBERG, and currently heads Kongsberg Oil & Gas Technologies
NDT Global appoints Andy Bain as Chief Operating OfficerFeb 17, 2016NDT Global has appointed Andy Bain as Chief Operating Officer. Mr. Bain served in the British Royal Navy for 10 years before starting his 24 year career in the In-Line Inspection (ILI)
CAVU International and eDrilling team up to offer CRM training in simulatorFeb 17, 2016CAVU International and eDrilling has formed a partnership to provide the energy industry with Crew Resource Management (CRM) training utilizing eDrilling’s training simulator - wellSim™.
Availon gets certified for Spanish & Italian wind farms servicingFeb 17, 2016Availon has received full HSEQ certification for its wind farm servicing operations in Italy and Spain, according to international quality, environmental and work safety standards.
Eland Oil reports strong production performance from the Opuama fieldFeb 17, 2016George Maxwell, CEO of Eland, says that the strong production performance from the Opuama field in OML40 continued throughout 2015, with production and uptime at record levels.
SOLO OIL encounter oil flows from Lower Kimmeridge LimestoneFeb 17, 2016Solo has been advised by the operator, Horse Hill Developments Limited, that light, 40 degree API, sweet oil has flowed naturally to surface from an 80-foot zone within the Lower Kimmeridge limestone
Helix Energy to sell its 50% interest in Deepwater Gateway, L.L.CFeb 17, 2016Helix Energy Solutions Group, Inc. declared the sale of its 50% interest in Deepwater Gateway, L.L.C. (owner of the Marco Polo platform) to a subsidiary of Genesis Energy, L.P. for a cash purchase price of $25 million.
Empire identifies upside potential for the Lockyer Deep and North Erregulla Deep prospect trendFeb 17, 2016On behalf of the EP 368 and EP 426 Joint Venture, Perth Basin domestic gas producer Empire Oil and Gas has interpreted the Lockyer Deep and North Erregulla Deep prospects
Start-up at In Salah Southern fields declaredFeb 17, 2016Statoil and partners Sonatrach and BP have declared the startup of its Southern Fields project on In Salah in Algeria. The Statoil production from the southern fields will be around 22 000 equity
Manitok Energy closes the final tranche of its private placementFeb 17, 2016Manitok Energy Inc. has closed the final tranche of its previously announced concurrent brokered and non-brokered private placement offering of common shares (the "Common Shares")
Wood Group enters new sector in UK with Valero Energy refinery contractFeb 17, 2016Wood Group has secured a new five year framework agreement with Valero Energy, an international manufacturer and marketer of transportation fuels,
