Baker Hughes Introduces V1-Rated Barrier Valve for HP/HT EnvironmentsMay 8, 2015Baker Hughes announced the commercial release of its Vault™ barrier valve, which provides an ISO-qualified barrier in the wellbore to help protect the lower completion and minimize costly fluid loss during well construction. Because of its high-pressure/high-temperature (HP/HT) ratings, debris-tolerant design, and ability to perform multiple open/close cycles, the valve offers increased operational reliability and flexibility.
AGR and SP Offshore sign MoUMay 8, 2015AGR and SP Offshore have entered into a Memorandum of Understanding (MoU) under which AGR will provide a range of exploration
Lloyd’s Register closes the 2015 OTC Exhibition with a statement on ‘collaboration’May 8, 2015Lloyd’s Register Energy has spent this week at the Offshore Technology Conference (OTC) 2015 in Texas challenging oil and gas
Erin Energy makes key management changeMay 8, 2015Erin Energy Corporation says that Christopher J. Hearne will be appointed as Senior Vice President and CFO beginning June 1, 2015.
Pantheon Resources declares East Texas drilling programmeMay 8, 2015Pantheon Resources is pleased to announce the contracting of a suitable rig for the upcoming two well drilling programme and an update on the timeline
Offshore Technology Conference attendance remains strong in 2015May 8, 2015Experts from the offshore energy industry around the world came together 4–7 May for the 2015 Offshore Technology Conference (OTC) at NRG Park in Houston. More than 94,700 attendees from 130 countries gathered at the annual conference, demonstrating OTC’s position as the leading forum to exchange ideas and opinions to advance scientific and technical knowledge for the safe, environmentally friendly and sustainable development of offshore oil and gas resources. It is the sixth largest attendance in the 47-year history of OTC.
Atlantic Petroleum signs agreement to sell Pegasus discoveryMay 8, 2015Atlantic Petroleum’s subsidiary Atlantic Petroleum UK Limited has signed a sale and purchase agreement with Third Energy Offshore Limited for the sale
Gazprom and PetroVietnam to drill first deep-water well offshore Vietnam this yearMay 8, 2015The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Nguyen Xuan Son,
Petro One Energy completes production test at Viking wellMay 8, 2015Petro One Energy Corp. has confirmed oil production from its horizontal Viking earning well 6- 22- 30- 27W3 at Milton, Saskatchewan based on an initial 54-day production test.
Karoon Gas Australia reports production test results at Echidna-1 of 4650 bopdMay 8, 2015Karoon Gas Australia Ltd is pleased to announce the production test results from the Company's most recent discovery, the Echidna-1 exploration well in
FMC Technologies signs Frame Agreement for technology development with TotalMay 8, 2015On the 5th of May 2015 FMC Technologies and Total signed a Frame Agreement for technology development. The purpose of this Frame Agreement is to define
New DNV GL study projects regulatory futures; more must be done to reduce major accidMay 8, 2015DNV GL study analyses current regulatory regimes, outlining possible future developments and DNV GL’s recommendations to reduce the risk of major accidents.
Proserv successfully delivers opening phase of record contractMay 7, 2015Energy services company Proserv has successfully completed the first phase of one of its largest contracts yet to provide subsea control systems for deepwater
Asia remains resilient in the shifting global energy landscapeMay 7, 2015The Offshore Technology Conference Asia (OTC Asia) 2016 was launched at the Offshore Technology Conference (OTC) in Houston. Following the event’s
Applus RTD completes latest INCOTEST project In MalaysiaMay 7, 2015Applus RTD is celebrating the successful completion of the latest advanced non- destructive testing (ANDT) project with its RTD INCOTEST technology
DNV GL supports operators moving from exploration to productionMay 7, 2015With lower oil prices and smaller margins, good project management is more important than ever, yet operators are often challenged when moving from field development projects into the operational phase. DNV GL has therefore developed a framework and roadmap for planning operations. This will support smaller operators in the transition from exploration to production to ensure a safe and cost-efficient operation.
Occidental Petroleum Board approves succession planMay 7, 2015Occidental Petroleum Corporation says that its board of directors has approved a CEO succession plan and promoted Vicki A. Hollub to Senior Executive Vice President
Sefton Resources provides company and trading updateMay 7, 2015The board of Sefton provides an update on the Company, its activities and its financial position. The Company's primary business assets at present are its two subsidiaries operating in Kansas, USA:
DNO doubles capacity at Tawke field in the Kurdistan region of IraqMay 7, 2015DNO ASA announced doubling of capacity at its flagship Tawke field in the Kurdistan region of Iraq to 200,000 barrels of oil per day (bopd).
American Eagle Energy appoints Chief Financial OfficerMay 7, 2015American Eagle Energy Corporation says that, effective as of the close of business on April 30, 2015, Kirk Stingley resigned as the Company's Chief Financial Officer
Pacific Rubiales confirms offer and exclusive discussions; $6 billion ALFA takeover on the cardsMay 7, 2015Pacific Rubiales Energy Corp. has entered into exclusive discussions in respect of an offer from ALFA, S.A.B. de C.V. and Harbour Energy Ltd., whereby
Abilene commences drilling at next CKU well, Bushton #1-36May 7, 2015Abilene Oil and Gas Limited says that drilling of the next well at the Central Kansas Uplift Project has commenced as advised by the joint venture operator CMX Inc.
Serica Energy announces resignation of CFOMay 7, 2015Serica Energy says that Chris Hearne has notified the Company of his intention to stand down as Chief Financial Officer of Serica in order to take up a senior position
Titan Energy commences drilling second Allen testMay 7, 2015Australian oil and gas company Titan Energy Ltd is pleased to provide an update on the operations of its multi-well developmental drilling program on Allen Dome.