DualEx Energy ceases national gas production from Penészlek field
Apr 14, 2015
DualEx Energy International Inc. says that natural gas production from its Penészlek field in NE Hungary has ceased, due to natural depletion of the two remaining wells.

Perpetual Energy closes sale of certain fee simple lands in Alberta
Apr 14, 2015
Perpetual Energy Inc. has closed the sale of certain fee simple lands in east central Alberta, and a working interest in related seismic data, for $21.0 million.

International Frontier Resources forms Mexican subsidiary
Apr 14, 2015
International Frontier Resources Corporation has formed a Mexican subsidiary, Petro Frontera S.A.P.I de CV (Frontera) that will allow for (i) the study of,

Polarcus at 50% completion on Capreolus
Apr 14, 2015
Polarcus has now reached the 50% completion milestone in the acquisition of the Capreolus 3D multi-client project, the largest single 3D survey ever

NUTECH identifies major international oil discovery
Apr 14, 2015
A report delivered by Houston-based NUTECH estimates that the Horse Hill-1 (H-H1) well in the Weald Basin holds between 50-100 billion barrels of oil in place (OIP).

Karoon Gas encounters hydrocarbons at Echidna-1 exploration well
Apr 14, 2015
Karoon Gas Australia Ltd's Echidna-1 well, has intersected an oil bearing section in Paleocene sands, as shown on mudlog and Logging While Drilling data.

Falkland Oil and Gas makes change to drilling programme
Apr 14, 2015
Falkland Oil and Gas Limited says that Noble Energy and its joint venture partners FOGL and Edison International have elected to defer a potential second well

Shell capitalizes on low oil to drive advancement for gas, LNG
Apr 14, 2015
Shell has become the first major to take proper advantage of the low oil price, taking out a company that it has long been interested in buying: BG. And

Essar Oil (UK) selects Aspect's Energy Trade And Risk Management Solution
Apr 14, 2015
The Indian refining and marketing giant subsidiary, Essar Oil (UK) Limited, has selected Aspect's energy trading and risk management solution, AspectCTRM to help optimize its

IKM Testing awarded Statoil Mariner project contract
Apr 14, 2015
IKM Testing has been awarded a major contract for Commissioning services by Statoil UK Ltd. on the Mariner topside project currently under construction in Korea.

TGS announces cost reduction program, reduces workforce by 10%
Apr 14, 2015
TGS announced a Cost Reduction Program reflecting the deterioration of the market for seismic data seen in the first quarter of 2015. Based on preliminary reporting from

Suretank takes part in UKTI trade mission to Romania and Bulgaria
Apr 14, 2015
Suretank joined the largest ever UKTI trade mission to Romania and Bulgaria to promote their range of market leading offshore tanks and offshore containers

Technip wins subsea contract on Triton FPSO
Apr 14, 2015
Technip has been awarded a brownfield subsea contract for the Triton(1) floating production storage and offloading (FPSO) vessel, operated by Dana Petroleum,

Statoil makers another gas discovery in the Aasta Hansteen area
Apr 14, 2015
Operator Statoil has together with PL602 partners made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second discovery made by Statoil in the Aasta Hansteen area spring 2015. “Statoil has completed a targeted two-well exploration programme around Aasta Hansteen which aimed to test additional potential in the area and make the Aasta Hansteen project more robust. Both wells, Snefrid Nord and Roald Rygg,

Subsea 7 S.A. awarded contract offshore Brazil
Apr 14, 2015
Subsea 7 S.A. has been awarded a contract worth approximately USD$200 million with a duration of approximately two years. The contract is for the installation

Range Resources delays completion of Resources Drilling Services Limited sale
Apr 14, 2015
Range advises that the completion of the Range Resources Drilling Services Limited (RRDSL) disposal has been delayed and is now anticipated during April 2015.

Olympic Bibby officially christened at ceremony in Norway
Apr 14, 2015
On Thursday 9 April, the official naming ceremony took place for IRM (Inspection Repair and Maintenance) light construction vessel the Olympic Bibby, at the Kleven Shipyard, Norway.

Argos Resources enters farm-out agreement for License PL001, North Falkland Basin
Apr 14, 2015
Argos Resources Limited confirms that its wholly-owned subsidiary, Argos Exploration Limited, has entered into a farmout agreement with Noble Energy

Filtersafe® is providing 40 micron filters For BALPURE® Ballast Water Systems in New BP Oil Tankers
Apr 14, 2015
Filtersafe is providing the filtration units for Severn Trent De Nora’s BALPURE® ballast water systems which are being installed in new oil tankers built in South Korea.

Elixir Petroleum confirms drillable conventional oil prospects on Petra project
Apr 14, 2015
Elixir Petroleum Limited has confirmed the presence of at least two drillable prospects the Petra Project in Washington County, Colorado, following completion

Chevron’s Taro Special HT 100 gains interim NOL for Wärtsilä engines
Apr 13, 2015
Chevron’s new 100BN cylinder oil Taro Special HT 100 offers ship owners the ability to achieve the latest emissions legislation and has now received

BPZ Energy suspends Corvina well as potential future gas producer
Apr 13, 2015
BPZ Energy continues to operate under provisions of Chapter 11 of the United States Bankruptcy Court Code while it seeks additional financing.

Woodside Petroleum closes purchase of Apache interests in Kitimat asset
Apr 13, 2015
In December 2014 Woodside entered into a binding transaction with Apache Corporation to acquire Apache's Australian Wheatstone LNG and Balnaves

Alvopetro announces relinquishment of Blocks 131, 132, 144, and 157
Apr 13, 2015
Alvopetro Energy Ltd. has informed Brazil's National Agency of Petroleum, Natural Gas and Biofuels (ANP) of our intention to relinquish Blocks 131, 132,