Yuma Energy and Davis Petroleum enters into merger agreementFeb 15, 2016Yuma Energy, Inc. and privately held Davis Petroleum Acquisition Corp. have entered into a definitive merger agreement for an all-stock transaction. Upon completion of the transaction,
Heerema awarded Oseberg Vestflanken 2 contract from StatoilFeb 15, 2016Statoil has awarded Heerema the contract for the Engineering, Procurement & Construction (EPC) of the unmanned wellhead platform at Oseberg Vestflanken 2, as well as the transport and installation of the platform. Heerema Fabrication Group (HFG) will carry out the engineering, procurement and construction of the unmanned wellhead platform and Heerema Marine Contractors (HMC) will be responsible for the transport and installation of the platform.
SoCalGas reports temporary control of Aliso Canyon gas leakFeb 12, 2016SoCalGas continues to make progress on relief well number one, reaching a measured depth of 8,615 feet. As we move forward, there are three major milestones - the 'three C's' - to stopping the leak:
Corvus Energy wins Environmental AwardFeb 12, 2016Corvus Energy wins the Environmental Award, sponsored by Nor-Shipping, for its lithium ion battery-based energy storage system at the Annual Offshore Support Journal Conference,
Petrofac secures well management contract in the UKCSFeb 12, 2016SPD Limited, part of the Petrofac Group, has secured a contract from Zennor Petroleum to provide well design and well construction management services, to support the Finlaggan appraisal
Ramba Energy completes Lemang PSC farmout to Mandala EnergyFeb 12, 2016Ramba Energy and Mandala Lemang Singapore have declared that SKKMIGAS approval has been received for the transfer of a 35% interest in the Lemang Production Sharing Contract (PSC)
Rosneft and Pietro Barbaro to jointly enter global shipping marketsFeb 12, 2016Rosneft and Pietro Barbaro S.p.A. signed a Memorandum of Understanding with the scope of creating a Joint Venture (JV) in the area of international shipping.
Aminex agrees disposal of 3.825% interest in Kiliwani North to Solo OilFeb 12, 2016Aminex PLC has reached an agreement with Solo Oil plc for the disposal of a final 3.825% interest in the Kiliwani North Development Licence for a cash consideration of $2.16 million.
Oilex appoints Independent Non-Executive DirectorFeb 12, 2016The Board of Oilex Ltd is very pleased to announce the appointment of Brad Lingo as an Independent Non-Executive Director.
Neptune awarded Kitan disconnection contractFeb 12, 2016Neptune has been awarded an air diving services contract by Technip Oceania Pty Ltd (Technip) for the Kitan disconnection project.
CGX Energy declares director resignationFeb 12, 2016CGX Energy Inc. says that the Company has accepted Mr. John Cullen's resignation as director of the Company. Mr. Cullen has resigned to allow him more time to pursue other professional opportunities.
Whitecap Resources makes 27% increase to 2015 year-end reservesFeb 12, 2016Whitecap Resources Inc. presents the results of our independent 2015 year end oil and gas reserves evaluation prepared by McDaniel & Associates Consultants Ltd.
Transocean Ltd. issues fleet status reportFeb 12, 2016Transocean Ltd. has issued a comprehensive Fleet Status Report which provides the current status of and contract information for the company's entire fleet of offshore drilling rigs.
OSD designs IMT2001 Scientific Research Vessel for TORIFeb 12, 2016Offshore Ship Designers (OSD-IMT) has signed a new contract for an IMT2001 Scientific Research Vessel for the Taiwanese Ocean Research Institute (TORI).
Pine Cliff reports more than 120% increase in 2015 year-end reservesFeb 12, 2016Pine Cliff Energy Ltd. declares its 2015 year-end reserves. Pine Cliff's independent reserve report was prepared by McDaniel & Associates Limited (McDaniel) in accordance with National Instrument
Blackstone forms partnership for offshore oil & gas drilling servicesFeb 12, 2016Blackstone has formed Clarion Offshore Partners LLC (Clarion), a new platform to provide strategic solutions to the offshore oil and gas drilling and services sector, with a financial
Technip awarded fabrication and installation contracts by Statoil in NorwayFeb 12, 2016Technip was awarded by Statoil ASA two lump sum contracts for infield pipeline construction for the Johan Sverdrup Development and the Oseberg Vestflanken 2 projects.The Johan Sverdrup field is one of the largest oil fields in the North Sea and was discovered late 2011. The first development phase is targeted to be on-stream in 2019.
DONG Energy divests 50% of the Burbo Bank Extension to PKA and the LEGO GroupFeb 12, 2016DONG Energy has signed and completed an agreement to divest 50% of the 258 MW UK offshore wind farm project Burbo Bank Extension to Danish pension provider PKA and KIRKBI A/S, parent
Rockhopper Exploration declares FEED award for surf and flexiblesFeb 12, 2016Rockhopper Exploration plc says that the FEED contract for SURF Transport and Installation has been entered into with Subsea7. In addition, the FEED contract for Flexibles has been
BP Energy Outlook: Transition to a lower carbon futureFeb 12, 2016Despite current weakness in global energy markets and the slowdown in China’s growth, demand for energy will continue to grow over the next 20 years and beyond as the world economy expands and
AGR to help Norway plan its Carbon Capture and Storage systemFeb 12, 2016AGR - a global oil and gas services and software company - has finalised a new two-year framework agreement to act as technical advisors to Norwegian state-owned Gassnova, as the country
Exillon Energy declares January 2016 production figuresFeb 11, 2016Exillon Energy plc declares unaudited production data for the month of January 2016. Average daily production was 15,094 bbl/day during the period.
88 Energy issues Icewine#1 evaluation updateFeb 11, 201688 Energy Limited updates on the evaluation of the core over the HRZ interval from the recently drilled Icewine#1 exploration well.
OSD develops new series of multipurpose tractor tugsFeb 11, 2016Netherlands-based OSD (Offshore Ship Designers) has designed a new series of high-performance tractor tugs which can be used for a wide range of functions, including escort operations,
