Vikoma completes management buyout
Jul 13, 2015
Senior management of Vikoma International Limited have completed a management buyout with the support of a financial investment from Agathos,

EIA's estimates for state crude oil production account for incomplete, lagged data
Jul 13, 2015
Market analysts have a keen interest in understanding how crude oil production in key states has been affected by recent

Maricá moors at BRASA following FPSO’s arrival in Brazil
Jul 13, 2015
There was a buzz at BRASA as it celebrated the arrival of FPSO Cidade de Maricá. The SBM Offshore vessel berthed safely at the Niteroi-Rio based yard on 9 July 2015. She had arrived in Brazilian waters mid-June, following her 10,625 Nm (19,678 Km) voyage from China. FPSO Cidade de Maricá is one of two carbon-copy FPSOs being constructed from the blueprint for FPSO Cidade de Ilhabela, the mother ship, which sailed from Brasa to commence production in November 2014. The FPSO is the deepest in SBM’s operating fleet at 2,140m and has the largest capacity at 150,000 bpd of oil.

LUKOIL dismisses claims of money laundering and tax evasion in Romania
Jul 13, 2015
LUKOIL has strongly denied accusations of money laundering and tax evasion brought against Petrotel-LUKOIL and its employees by the

Statoil awards production chemicals contract to Baker Hughes
Jul 13, 2015
Statoil Petroleum AS awards Baker Hughes an eight-year contract to design and supply production chemicals to the offshore Norne field and the deepwater

Premier Oil summarises recent operational activities
Jul 13, 2015
Premier provides an update summarising recent operational activities and guidance in respect of its half year financials to 30 June 2015.

Nostra Terra Oil and Gas agrees to operate new Wyoming prospect
Jul 13, 2015
Nostra Terra has signed an agreement with Koch Exploration Company, LLC ('Koch') to earn an interest in the 2,440 net acre Paw Paw Prospect

Independent Resources to undertake hydrocarbon survey of Ksar Hadada permit
Jul 10, 2015
IRG has signed an exclusive agreement with Scotforth Limited to undertake a remote sensing hydrocarbon survey of the Ksar Hadada permit

Ophir Energy awards FEED contracts for Fortuna FLNG project
Jul 10, 2015
Ophir Energy has awarded Upstream Front End Engineering and Design (FEED) contracts for the Fortuna FLNG Project in Block R, Equatorial

Oceaneering International appoints Senior VP, Subsea Products
Jul 10, 2015
Oceaneering International, Inc. has appointed Steve Barrett as Senior Vice President, Subsea Products, with worldwide responsibility

ALFA and Harbour Energy to terminate acquisition of Pacific Rubiales
Jul 10, 2015
Pacific Rubiales Energy Corp., at the request of ALFA, S.A.B. de C.V. and Harbour Energy Ltd., has agreed with Harbour Energy, L.P., Harbour Energy,

Sub-Atlantic secures second ROV deal with AALEA Offshore
Jul 10, 2015
Global manufacturer of specialist remotely operated vehicles (ROV), Sub-Atlantic, has won a second contract with Italian oil and gas subsea

GSE Systems to host webinar series on Achieving COMAH Compliance
Jul 10, 2015
GSE Systems, Inc. says that its experts will host a webinar titled, “3 Areas of Compliance and What You Need to Know,” on Thursday,

SRP awarded US$ 4 million contract to develop Nimway connector
Jul 10, 2015
Subsea Riser Products Ltd (SRP), an Acteon company, has secured a contract to develop and qualify its Nimway 510 and Nimway 710 completion

Saipem gets notification of termination for convenience of the South Stream BV contract
Jul 10, 2015
Saipem informs that late in the evening of July 8th it received notification of the termination for convenience of the South Stream BV contract.

Moore Stephens says shipping should not panic in wake of proposed UK non-dom tax changes
Jul 10, 2015
Shipowners likely to be affected by wide-ranging changes to the taxation of non-UK-domiciliaries introduced in the UK Summer Budget have

Enterprise Group appoints John Campbell as Lead Director
Jul 10, 2015
Enterprise Group, Inc. has appointed John Campbell to the position of Lead Director of the Company's Board of Directors, effective immediately.

NXT Energy Solutions to expand Bolivian SFD survey project
Jul 10, 2015
NXT Energy Solutions Inc. advises that based on the preliminary results of its SFD® survey project which is underway in Bolivia, and

Wellsite Rental Services to merger with Viking Oil Tools
Jul 10, 2015
Wellsite Rental Services, LLC (Wellsite), and Viking Oil Tools (Viking), have agreed to merge to form Wellsite Fishing and Rental Services, LLC.

LGO Energy updates progress on its Cedros Peninsula interests
Jul 10, 2015
LGO announces further progress on its Cedros Peninsula interests in the south west of Trinidad where it has entered into a further agreement

Gulf Keystone continues stable production from both Shaikan facilities
Jul 10, 2015
Ahead of the Company's Annual General Meeting, Gulf Keystone, the operator of the Shaikan field in the Kurdistan Region of Iraq, is providing

88 Energy provides update on Project Icewine title process
Jul 10, 2015
Due to multiple requests from shareholders in regards to the process regarding transfer of Title for Project Icewine, 88 Energy Limited

Hess Corporation releases annual sustainability report
Jul 10, 2015
Hess Corporation released its 2014 Corporate Sustainability Report, providing a comprehensive look at the company's strategy and performance

U.S. net petroleum product exports continue to increase: U.S. EIA
Jul 10, 2015
Over the past decade, domestic refinery output of petroleum products has grown significantly while consumption has declined, resulting in