FX Energy commences drilling Miloslaw-4K well in PolandJun 17, 2015FX Energy, Inc. says that the Miloslaw-4K well has started drilling. The well is a planned test of a Rotliegend sandstone target at a projected
Petro Vista executes binding MOU for the sale of interest in Tartaruga blockJun 17, 2015Petro Vista Energy Corp. has entered into a binding memorandum of understanding with Maha Energy Inc. for the sale of its all
Tethys Oil commences Lithuanian drilling programmeJun 17, 2015A three well drilling programme on the Raseiniai licence onshore Lithuania has commenced. The first well, the Bedugnis-1 well,
P&A Guideline from DNV GL could save the oil and gas industry more than USD32 billionJun 17, 2015The plugging and abandonment (P&A) of offshore wells represents a significant cost to operating companies and national authorities. On the Norwegian Continental Shelf (NCS) alone, the cost is estimated to be USD108bn (NOK1870bn) over the next 40 years. Now a new DNV GL guideline will introduce a risk-based approach instead of the current prescriptive practice.
J2 Subsea opens new subsea tooling facility in HoustonJun 17, 2015J2 Subsea, an Acteon company, has opened a new subsea tooling facility at sister Acteon company, Seatronics’, subsea
Delivering improvements, estimating workforce reductionsJun 17, 2015The effort to standardise, simplify and increase efficiency across Statoil enters the next phase. The potential workforce reduction
Platts JKM™ for July-delivered LNG plunged 41.3% from year ago on poor demandJun 17, 2015Prices of spot liquefied natural gas (LNG) for July delivery to northeast Asia averaged $7.600 per million British thermal units (/MMBtu),
Unique Group and KBAT to introduce a series of health, safety & diving courses in the UAEJun 17, 2015Unique Group has recently collaborated with KBA Training Centre (KBAT) based in Singapore in order to offer a series of Health
Emerson enhances software to help operators maximize the value of reservoir assetsJun 17, 2015Emerson Process Management has launched the latest version of its reservoir modeling software, Roxar RMS™. The new version
Halliburton introduces Illusion® Frac PlugJun 17, 2015Halliburton’s Completion Tools business line introduced the Illusion® frac plug, the only fully dissolvable frac plug on the market.
Providence provides technical update on Ruadhan 3D seismic surveyJun 16, 2015Providence Resources provides a technical update on the Ruadhan 3D seismic survey in the northern Porcupine Basin, offshore west of Ireland.
Plexus awarded £3.3 million contract with Total, offshore NorwayJun 16, 2015Plexus Holdings has secured a new customer via a £3.3 million contract win with oil and gas major, Total E&P Norge AS, to supply
President completes the four well work-over programme in ArgentinaJun 16, 2015President is pleased to provide an Operational Update on its Paraguay and Argentina Assets. President has successfully completed the four well
Training: Cost cutting while remaining cutting-edgeJun 16, 2015Businesses are operating in tough economic times, with budgets being significantly cut during the current industry downturn.
Sparrows Group appoints experienced director to oversee Americas growthJun 16, 2015The Sparrows Group has boosted its senior management team with the appointment of an experienced director to head up its operations
Falklands Oil and Gas spuds Humpback wellJun 16, 2015Falkland Oil and Gas Limited is pleased to announce that the 'Humpback' exploration well, was spudded on 13 June 2015.
TGS announces first multi-client 3D program in Newfoundland-LabradorJun 16, 2015TGS announces a new multi-client 3D survey offshore Eastern Canada, with plans to acquire approximately 6,000 sq. km of seismic data.
Comet Ridge announces retirement of non-executive directorJun 16, 2015Mr Anthony (Tony) Gilby, a non-executive Director of Comet Ridge Limited has announced his retirement from the Board of Comet
InterOil spuds Triceratops-3, Papua New GuineaJun 16, 2015InterOil Corporation has started drilling the Triceratops-3 appraisal well in Petroleum Retention License 39 in the Gulf Province
Contango Oil and Gas makes discovery at Elliott #1H wellJun 16, 2015Contango Oil & Gas Company announced the discovery and successful completion of the Elliott #1H well (80% WI) in the
Canamax enters into strategic business combination with Powder Mountain EnergyJun 16, 2015Canamax Energy Ltd. has entered into an arrangement agreement with Powder Mountain Energy Ltd. to acquire all of the common shares
CNL Software appoints James Condron to Global VP Sales & MarketingJun 16, 2015CNL Software is strengthening its Senior Management Team and Board with the promotion of James Condron to Global VP Sales & Marketing.
Teekay LNG signs charter contracts with BP for up to two LNG carrier newbuildsJun 16, 2015Teekay LNG Partners L.P. has entered into a 13-year time-charter contract with BP Shipping Limited for one Liquefied Natural Gas carrier
Tamarack Valley closes $43.4 million Wilson Creek Cardium asset acquisitionJun 16, 2015Tamarack Valley Energy Ltd. has successfully completed its previously announced acquisition of certain assets located in the greater Wilson Creek