First Claire Ridge topside modules safely installed West of ShetlandJun 26, 2015BP and its co-venturers, ConocoPhillips, Chevron and Shell, are pleased to confirm the safe installation of the new Clair Ridge platform’s quarters and utilities
LUKOIL Launches Two Facilities, Holds Annual Shareholder MeetingJun 26, 2015On June 25, LUKOIL, one of the world’s largest private oil & gas companies and Russia’s second largest oil producer held its annual General Meeting of Shareholders...
Montana Exploration Corp. to acquire Gale Force Petroleum Inc.Jun 26, 2015Montana Exploration Corp. and Gale Force Petroleum Inc. have entered into an arrangement agreement pursuant to which MTZ will acquire all of the
LGX Oil + Gas achieves positive Banff test resultsJun 26, 2015LGX Oil + Gas Inc. is pleased to provide completion test results from recent southern Alberta activity. Big Valley (Three Forks) Formation production from the
Wood Group enters $250m agreement on Central Area Transmission SystemJun 26, 2015Wood Group has entered into a $250million agreement with Antin Infrastructure Partners (Antin IP) to provide operating services for the Central Area Transmission
United Nations transforms business’ commitment to sustainabilityJun 26, 2015Sustainability is now firmly on the global business agenda, but there is an urgent need to turn words into action. This is a key conclusion in the independent
Afren's Chairman and non-executive directors resignJun 26, 2015Afren Plc announces a number of changes to its Board of Directors. Mr Egbert Imomoh, Chairman of the Board of Directors, and each of the non-executive directors, being Mr Toby Hayward,
Sefton Resources to acquire producing petroleum assets in IndonesiaJun 26, 2015Sefton Resources Inc. indicated its interest in acquiring producing petroleum assets in Indonesia. The board of directors of Sefton (the Board) is pleased to announce the Company
Red Emperor to raise funds for Philippines operationsJun 26, 2015Red Emperor Resources NL announced an oversubscribed placing, through its London Broker, Brandon Hill Capital, and its Australian Broker, 708 Capital, of 72,000,000 new
Trapoil plans to plug and abandon Niobe exploration wellJun 26, 2015Trapoil says that operations are now being concluded on the Niobe (Licence P.1989, Blocks 12/26b & 27b) exploration prospect. The exploration well was drilled
Strike Energy to enhance the water and gas production capacity of the 3 Klebb wellsJun 26, 2015Strike Energy Limited provided an update on operations at its Southern Cooper Basin Gas Project in PEL 96 (Strike 66.7 percent and Operator, Energy World
Nighthawk Energy provides operations highlightsJun 26, 2015Nighthawk says that at its Annual General Meeting being held this morning at 9.30 a.m., Rick McCullough, Chairman of Nighthawk, will give a short presentation
Statoil plans to simplify structure and ways of workingJun 26, 2015Statoil announces adjustments to the company's structure and operating model. The aim is to become a more cost efficient and fit for the future organisation.
Independent Oil and Gas provides corporate updateJun 26, 2015Independent Oil and Gas plc is pleased to provide a corporate update to shareholders. Remapping work over the core Southern North Sea ('SNS') gas portfolio with Baker Hughes
WPX Energy to increase activity in the Williston BasinJun 26, 2015WPX Energy plans to increase its activity in the Williston Basin during the second half of 2015 by resuming completions and increasing its rig count from one to three
Otto Energy appoints Matthew Allen as Managing Director, Continues as CEOJun 26, 2015Otto Energy Ltd. ha appointed Matthew Allen as managing director, effective June 24. Matthew will also continue as CEO.
Risk-based approach to valve testing in wells could save US$10m annually per assetJun 26, 2015Reducing expenditure while continuing to improve safety and reduce risk is a key driver for the oil and gas industry especially in today’s cost constrained environment. DNV GL and ExproSoft are now joining forces to offer a risk based approach to testing barrier valves in subsea completed wells applicable worldwide. The objective is to reduce both downtime and risk related to shut-in and restart of wells in addition to substantial cost savings.
Statoil cancels COSL Pioneer rig contractJun 25, 2015Statoil has decided to cancel the contract with COSL Pioneer some 13 months before the expiry date of August 2016.COSL Pioneer has been suspended since 8 October 2014
VARD acquires automation and control system software providerJun 25, 2015Vard Holdings Limited (VARD) has acquired ICD Software, a provider of automation and control system software for the offshore and marine sectors, via its subsidiary Seaonics.
LGO Energy upgrades resource assessment of the Goudron oil fieldJun 25, 2015The Company is pleased to announce the results of the independent review of the LGO operated Goudron Field in southeast Trinidad conducted on its behalf by
MX Oil on potential acquisition of interest in development stage projectJun 25, 2015MX Oil plc provides an update on its evaluation of an opportunity to acquire an indirect, non-operating minority interest in a substantial development stage
Lundin spuds two appraisal wells and one exploration well offshore NorwayJun 25, 2015Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS has commenced the drilling of its second Alta appraisal well in the Barents Sea South and the drilling
Faroe Petroleum commences drilling programmeJun 25, 2015Faroe Petroleum is pleased to provide an operational update as follows: drilling operations have commenced on the follow-up drilling programme to the significant Pil/Bue 2014 discoveries in the
Ascent Resources receives provisional award of IPPC PermitJun 25, 2015The Board of Ascent is pleased to announce that it received a provisional Integrated Pollution Prevention and Control Permit from the Environmental Agency
