MEO Australia farm out 30% of WA-488-P
May 22, 2015
MEO Australia Limited is pleased to advise the execution of final documentation to farmout of a 30% participating interest in the WA-488-P exploration permit

Transocean to pay $211m to settle claims from Deepwater Horizon oil spill
May 22, 2015
The Plaintiffs' Steering Committee (PSC) spearheading the litigation emanating from the 2010 Deepwater Horizon Oil Spill today announced that it has reached a preliminary agreement with Transocean for $211,750,000 to settle claims against the company arising from the spill. The settlement, which will be overseen by Judge Carl A. Barbier of the Eastern District of Louisiana, includes two classes of eligible claimants similar to the settlement negotiated between the PSC and Halliburton last year.

COSL successfully completed a Deep-water In-situ cone penetration testing on the sea floor
May 21, 2015
China Oilfield Services Ltd. reported that HYSY709, the firm's geotechnical vessel, has recently completed a full course of in-situ cone

Marksmen plans to complete proposed private placement
May 21, 2015
Marksmen Energy Inc. plans to complete a non-brokered private placement of up to 4,333,333 units (the "Units") of Marksmen at a price of $0.15 per Unit

Caspian Energy closes its acquisition of the remainder of Aral Petroleum
May 21, 2015
Caspian Energy Inc. has completed its previously announced acquisition of all of the remaining interests in Aral Petroleum Capital LLP (Aral), the operating

Low crude oil prices, increased gasoline demand lead to high refiner margins
May 21, 2015
Gasoline crack spreads in the United States, especially on the U.S. East Coast, have reached several-year highs in recent months. Crack spreads, which reflect

ExxonMobil makes significant oil discovery Offshore Guyana
May 21, 2015
Exxon Mobil Corporation announced a significant oil discovery on the Stabroek Block, located approximately 120 miles offshore Guyana.

Range Resources finalises 2015 work programme in Trinidad
May 21, 2015
Range Resources says that following the inaugural Operating Committee meeting held earlier this month with Joint Operating partner, the State

Empyrean provide production update on Sugarloaf AMI project
May 21, 2015
Empyrean Energy is pleased to provide a production update from its flagship Sugarloaf AMI Project ('Sugarloaf' or the 'Project') in the prolific Eagle Ford Shale,

Suncor Energy Norge AS awarded a North Sea drilling permit
May 21, 2015
The Norwegian Petroleum Directorate (NPD) has granted Suncor Energy Norge AS a drilling permit for well 25/10-13 S, cf. Section 8 of the Resource Management

Statoil's investigation of Gudrun leak completed
May 21, 2015
On 18 February 2015 a condensate leak occurred on the Gudrun platform in the North Sea. The incident has been investigated by Statoil's corporate

Transocean reaches settlement agreements with PSC and BP
May 21, 2015
Transocean Ltd. has reached two separate settlement agreements, with the Plaintiffs' Steering Committee (the "PSC") and with BP Exploration & Production Inc.

Talisman drill dry well north of the Varg field
May 21, 2015
The well was drilled in the central part of the North Sea about six kilometres north of the Varg field and 220 kilometres southwest of Stavanger.

Significant new maintenance contract for Northern Gas Networks
May 21, 2015
The north of England’s gas distributor, Northern Gas Networks (NGN) has signed a major new contract with Penspen to cover all mechanical maintenance

Mol Group makes new discovery in Pakistan and enters DG Khan block
May 21, 2015
MOL has a well-established, proven track record and successful presence in the country with five blocks and over 15 years of operation.

PRD Energy makes management change
May 21, 2015
PRD Energy Inc. says that Mark Hornett, President and Chief Operating Officer, has resigned from his position as an officer of the Company and its subsidiaries,

Shell receives binding offer from DCC Energy to acquire its Butagaz LPG business in France
May 21, 2015
Shell has received a- binding offer of €464m million ($529 million) from DCC Energy for its Butagaz Liquefied Petroleum Gas (LPG) business in France.

Blackbird Energy declares summer drill program
May 21, 2015
Blackbird Energy Inc. is very pleased to announce a summer drill program consisting of one horizontal well targeting the condensate-rich Middle Montney

Exprodat and Esri partner for EAGE Conference
May 21, 2015
Exprodat will once again partner with Esri Inc. and share a stand at the forthcoming European Association of Geoscientists and Engineers (EAGE) Conference

Terneftegas launches the Termokarstovoye field
May 21, 2015
OAO NOVATEK says that Terneftegas, a joint venture between NOVATEK (51%) and Total (49%), formally launched the Termokarstovoye gas and gas condensate field

Bear Head LNG receives final permit
May 21, 2015
Bear Head LNG Corporation (Bear Head LNG) has received a permit from the Nova Scotia Department of Environment (NSE) for its updated provincial Environmental

V Group appoints Head of Communications
May 21, 2015
V.Group has appointe Sheila Armstrong as Head of Communications. Based in the company’s V.Ships office in Glasgow, Sheila will report directly

Alastair Marsh appointed as successor to Richard Sadler as CEO of Lloyd’s Register
May 21, 2015
Lloyd’s Register’s Richard Sadler has taken the decision to step down as CEO at the end of 2015, after eight years in the role. The Lloyd’s Register Group Ltd

REFUenergy’s Intersolar appearance promises added expertise
May 21, 2015
REFUlution – that is the theme of the REFUenergy stand, a business division of REFU Elektronik GmbH, at this year’s Intersolar where the company’s