Petromanas Energy to sell Albanian assets to ShellFeb 3, 2016Petromanas Energy Inc. has entered into a Sale and Purchase Agreement with Shell Upstream Albania B.V., a wholly-owned subsidiary of Royal Dutch Shell plc, pursuant to which
Interra concludes drilling at YNG 3270 well in MyanmarFeb 3, 2016Interra Resources Limited says that its joint venture entity, Goldpetrol Joint Operating Company Inc. (Goldpetrol), has completed drilling development well YNG 3270 in the Yenangyaung oil field
Songa Offshore to cut 200 onshore jobsFeb 3, 2016Songa Offshore SE is now transforming from being largely a projects organization to an optimized operating organization.
GE and Statoil declared winners of open innovation challengeFeb 3, 2016GE and Statoil declared the four winners of their Open Innovation Challenge, designed to utilize crowd sourcing to find solutions that reduce fresh water in shale oil and gas production.
Chukar Waterjet unveis new SUB-JET 3000™ ROV at OTC HoustonFeb 3, 2016Chukar Waterjet, Inc. will unveil its new SUB-JET 3000™ ROV-attachable waterjet system at the OTC Offshore Technology Conference, May 2-5 in Houston.
Aker Solutions awarded two MMO contracts from ConocoPhillips in NorwayFeb 3, 2016Aker Solutions' maintenance, modifications and operations (MMO) business in Norway secured two contracts for work at North Sea fields operated by ConocoPhillips. The company received a framework agreement for a fixed period of five years to become ConocoPhillips' main supplier of maintenance and modifications work offshore Norway. The agreement may be extended by up to three years and covers work on all installations at the Ekofisk and Eldfisk fields offshore Norway, starting in February.
Mosman cancels agreement for acquisition of South Taranaki Energy projectFeb 2, 2016Mosman Oil and Gas Limited declares an update on the proposed acquisition of the South Taranaki Energy Project in New Zealand from Origin Energy Limited and on operations at Murchison.
BP realigns senior executive teamFeb 2, 2016BP has appointed Lamar McKay to the new position of Deputy Group Chief Executive. McKay, currently chief executive of BP’s Upstream segment and a 35-year veteran of BP, will be based in London and take up the role
CNOOC's two new projects commence productionFeb 2, 2016CNOOC Limited says that the Weizhou 12-2 oilfield joint development project (Weizhou 12-2) and Weizhou 11-4 North oilfield Phase II project (Weizhou 11-4 North) have recently commenced production.
Nighthawk Energy declares 2015 productionFeb 2, 2016Nighthawk says that for the year ended 31 December 2015, gross production was approximately 654,800 barrels (536,900 net barrels) or 1,794 gross barrels per day.
Optimarin gets 2016 off to excellent start with 10 system Atlantis Tankers orderFeb 2, 2016Optimarin has consolidated its position within the EX approved ballast water treatment (BWT) segment with a 10 vessel contract from Atlantis Tankers Group and its management arm Armona Denizcilik.
BHI Rig Count: U.S. -18 to 619, Canada -19 to 231Feb 2, 2016Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. U.S. Rig Count is down 18 rigs from last week to 619, with oil rigs down 12 to
Aminex's Kiliwani North-1 well undergoing final well integrity testingFeb 2, 2016Aminex PLC updates shareholders that the Kiliwani North-1 well is currently undergoing final well integrity testing prior to first production. This follows the signing of a Gas Sales
Shell to sell its shareholding in the Shell Refining Company in MalaysiaFeb 2, 2016Shell has reached a conditional agreement with Malaysian Hengyuan International Limited (MHIL) for the sale of its 51% shareholding in the Shell Refining Company (SRC)
MES establishes new department to support FPSO chartering businessFeb 2, 2016Mitsui Engineering and Shipbuilding Co., Ltd. says that the establishment of the FPSO Business Section within the Ocean Business Promotion Department. Effective February 1, this new section will handle all operations and
Premier Oil updates on acquisition of E.ON's UK North Sea assetsFeb 2, 2016On 13 January 2016, Premier had agreed to acquire the whole of E.ON's UK North Sea assets for a net consideration of $120 million plus completion adjustments. The proposed acquisition, which will be funded from
Aquatec Group introduces new cathodic protection system at Subsea ExpoFeb 2, 2016Aquatec Group are launching a new cathodic protection system at Subsea Expo 2016. CP guardian is a fully integrated system with closed loop control, which provides both impressed current cathodic protection
Polarcus decides further cost reductionsFeb 2, 2016Polarcus further improves its cost position with the announcement of additional headcount reductions and changes to the executive management team. The expanded cost reductions are part of a longer term plan
Subsea Expo could be a record-breaker despite the industry facing tough timesFeb 2, 2016With only two days to go, Subsea Expo 2016 is set to attract its highest-ever numbers, despite the UK oil and gas industry facing the toughest period in its history.
Magnolia LNG extends binding agreement with Meridian LNGFeb 2, 2016Liquefied Natural Gas Ltd advises that its 100% owned project company, Magnolia LNG, LLC (Magnolia) and Meridian LNG Holdings Corp (Meridian LNG) have agreed to extend
IMarEST launches campaign to support seafarersFeb 2, 2016The Institute of Marine Engineering Science & Technology (IMarEST) has launched a campaign aimed at supporting seafarers in developing their skills and demonstrating their competencies.
Torchlight Energy re-entered Johnson #4 wellFeb 2, 2016Torchlight Energy Resources, Inc. says that the Company's Johnson #4 well has been re-entered and drilled laterally to approximately 2500 feet in the Austin Chalk Formation.
Cub Energy to increase ownership interest in KUBGAS up to 40%Feb 2, 2016Cub Energy Inc. says that pursuant to a letter agreement between the Company's wholly-owned subsidiary, Gastek LLC (Gastek), and Resano Trading Ltd (Resano), Gastek has revoked its notice to
Americas Petrogas acquires additional 30% interest in Bayovar ConcessionFeb 2, 2016Americas Petrogas Inc., through its Peruvian subsidiary, has acquired an additional 30% beneficial interest in the Bayovar mineral concessions 5, 6, 7 and 8 (the "Bayovar Concessions")
