EMGS receives permits for multi-client survey in MexicoJul 17, 2015EMGS has received permits from Mexico's Comisión Nacional de Hidrocarburos (CNH) authorizing the acquisition of up to approximately 88,000 square km 3D EM
Sound Oil awarded Casa Tonetto production concessionJul 17, 2015Sound Oil is pleased to announce the award of the Casa Tonetto production concession (which includes the Nervesa discovery) from the Italian Ministry of Economic Development.
ABB launches revolutionary 100 day challenge For UKCS operatorsJul 17, 2015Global engineering and consultancy firm ABB Consulting has launched its 100-day UKCS cost reduction challenge, in a move that is set to galvanise the industry's economic recovery.
Rosatom and South Africa to cooperate in nuclear power developmentJul 17, 2015The State Corporation Rosatom and the Department of Energy of South Africa have just signed two agreements: the first is the Memorandum on cooperation
Floating Production Market slows further in Q2Jul 17, 2015In its recently published Q3 2015 Floating Production Systems Report, Energy Maritime Associates (EMA), analyzed the latest market activity for all types of Floating
NPD declares June 2015 production figuresJul 17, 2015Preliminary production figures for June 2015 show an average daily production of about 1 948 000 barrels of oil, NGL and condensate.This is 49 000 barrels per day (about 3 percent) more than
Shell to sell its equity interest in the Elba LNG joint venture to Kinder MorganJul 17, 2015Kinder Morgan, Inc. and Shell have reached an agreement for Kinder Morgan to purchase 100 percent of Shell's equity interest in Elba Liquefaction Company, LLC (ELC), the owner of the Elba Liquefaction Project, which is proposed to be constructed and operated at the existing Elba Island LNG Terminal near Savannah, Georgia. Kinder Morgan currently owns 51 percent of the ELC joint venture.
Aker Solutions provides results for second quarter 2015Jul 16, 2015Aker Solutions' revenue was steady at NOK 8 billion in the second quarter of 2015 from a year earlier amid progress on major projects from
Ferguson Middle East new dual HVAC keeps Offshore Gulf workers productiveJul 16, 2015Ferguson Middle East has introduced a new dual HVAC system to their engineering workspace modules.The new system has been design engineered to protect offshore workers
AnTech Ltd appoints new Chair to Board of DirectorsJul 16, 2015AnTech Ltd has appointed Jan Ward CBE, as new Chair of the company’s Board of Directors. The announcement comes as AnTech continues to
MAN lands another big order from OmanJul 16, 2015As the leading supplier of turbomachinery to Oman, a state rich in raw materials, MAN Diesel & Turbo is delivering a further eight compressor trains to the state
Liquefied Natural Gas updates assets and long-term growthJul 16, 2015Liquefied Natural Gas Ltd (LNGL) has two LNG liquefaction projects in development with planned start-ups in 2018/19. The company is using its own patent
Cooper Energy BMG business case analysis completedJul 16, 2015Cooper Energy Limited, 65 percent interest holder and Operator of VIC/L26, VIC/L27 and VIC/ L28 (Basker Manta Gummy or BMG Joint Venture) announced that the Cooper Energy
Rockefeller Hughes faces trademark infringement claimJul 16, 2015Rockefeller Hughes Corporation, listed on the TSX Venture Exchange has received a statement of claim alleging that the name of the Company infringes a trademark
Sempra Energy awarded natural gas pipeline contract in MexicoJul 16, 2015Sempra Energy’s Mexican unit Infraestructura Energética Nova, S.A.B. de C.V., through its subsidiary Gasoducto de Aguaprieta S. de R. L. de C.V., has been awarded
SBM Offshore divests stake in Turritella projectJul 16, 2015SBM Offshores has entered into an agreement with Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line) for the acquisition of a stake
Transocean Ltd. provides fleet status reportJul 16, 2015Transocean Ltd. 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.
Westcore Energy to acquire oil and gas properties of Allstar EnergyJul 16, 2015Westcore Energy Ltd. has entered into a binding letter agreement with 49 North Resources Inc. and its wholly-owned subsidiary, Allstar Energy Limited regarding the
Sabine voluntarily files Chapter 11 petitions to facilitate balance sheet restructuringJul 16, 2015Sabine Oil & Gas Corporation has filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the
Austin Exploration significantly expands Colorado acreageJul 16, 2015Austin Exploration has significantly expanded its flagship Pathfinder oil and gas property located in the DJ Basin in Fremont County, Colorado.
BHP Billiton reports on onshore US asset reviewJul 16, 2015BHP Billiton expects to recognise an impairment charge of approximately US$2 billion post-tax (or approximately US$2.8 billion pre-tax) against the carrying
Petrogrand provides June 2015 production updateJul 16, 2015Ripiano Holding's production in June 2015 amounted to 53,486 barrels of oil, corresponding to an average of 1,783 barrels of oil per day (an increase of 9 per cent
Venoco declares changes in Board of DirectorsJul 16, 2015Venoco, Inc. says that Joel L. Reed and Richard S. Walker are resigning from Venoco's Board of Directors. Both resignations are effective August 1, 2015.
Maersk Drilling decommissions Jackup Maersk EndurerJul 16, 2015Maersk Drilling has decided to decommission the jackup Maersk Endurer(350' ILC) from the fleet and recycle the rig with Zhoushan Changhong International Ship Recycling in China. “Given the current market situation and the over-supply of drilling rigs in the offshore market, there is a strong need to retire older rigs. Therefore, Maersk Drilling has decided to decommission its oldest rig in the fleet, Maersk Endurer,” says Morten Pilnov, head of Global Sales in Maersk Drilling.