Target Energy files lawsuit against Victory Energy and Aurora EnergyFeb 17, 2015US focused oil and gas producer Target Energy Limited says that Target subsidiary TELA Garwood LP has filed a lawsuit in the District
AGR and Statoil experts launch guide to reservoir modellingFeb 17, 2015Two senior AGR and Statoil geoscientists have partnered to launch a book that argues the case for a revised approach to reservoir modelling.
West Africa Oil & Gas Security Summit to return to NigeriaFeb 17, 2015The oil and gas industry in West Africa offers exciting investment opportunities to the industry globally; Nigeria is the largest oil producer in
INPEX awarded oil and gas exploration permit in Northern TerritoryFeb 17, 2015INPEX has been awarded an onshore oil and gas exploration permit in Australia’s Northern Territory (NT). The acreage, EPNT14-1, is situated in the highly prospective
Sterling Energy gets extension on offshore Madagascar blocksFeb 17, 2015Sterling Energy provides an update on activities in its Ambilobe and Ampasindava Blocks, located offshore Madagascar.
Principal Financial Backer of Fraudulent Ecuador Litigation withdraws support, settles with ChevronFeb 17, 2015Chevron Corporation has reached a settlement agreement with James Russell DeLeon, the principal funder of the fraudulent lawsuit against
CNL Software opens PSIM Centre of Excellence in the UAEFeb 17, 2015CNL Software has opened its Middle East Centre of Excellence in Masdar City, Abu Dhabi offering enhanced project services and complete technical
RH Petrogas gets clearance to develop North Klalin field in West PapuaFeb 17, 2015RH Petrogas Limited reported that the Plan of Development (POD) for the North Klalin gas and condensate field in the Kepala Burung
Gazprom commercial talks on new contract with China advancing in good paceFeb 17, 2015A meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Zhang Gaoli, First Vice Premier of the State
Moore Stephens says shipping services providers should explore private equity fundingFeb 17, 2015International accountant and shipping adviser Moore Stephens says the time is right for shipping to seek financial backing from the private
£5m investment boosts growth plans at Paradigm Drilling ServicesFeb 17, 2015Paradigm Drilling Services has secured a £5m injection from new investment partners – and the prospect of additional finance to fund acquisitions.
Galilee Energy spuds Dworsky Haas-1 wellFeb 17, 2015Galilee Energy Limited provides an update on current Lavaca County drilling operations.The Hoffer B 1 well, which was spudded on 6 January 2015, has now reached 13,000 ft
HB Installs temporary living-quarter complex Offshore Trinidad and TobagoFeb 17, 2015HB Rentals, a Superior Energy Services company, has installed an end-to-end package for BHP Billiton, consisting of offshore accommodation
Lundin spuds exploration well on the Gemini ProspectFeb 17, 2015Lundin Petroleum, through its wholly owned subsidiary Lundin Norway AS, has commenced drilling of exploration well 16/1-24 in PL338C southwest of the Edvard Grieg field.The well will investigate the hydrocarbon potential of the Gemini prospect. The well is located in PL338C approximately 10 km southwest of the Edvard Grieg field.
Advanced Insulation appoints new Finance DirectorFeb 16, 2015Gloucester-based Advanced Insulation is continuing its reorganisation with the appointment of Andrew Sweeney as finance director.
Moore Stephens says offshore maritime sector must watch costs and risk exposureFeb 16, 2015International accountant and shipping adviser Moore Stephens says companies in the offshore maritime sector need to keep a close
EMGS report sales from the multi-client library in the Barents SeaFeb 16, 2015Electromagnetic Geoservices ASA (EMGS) will receive uplift revenues of USD 2.5 million related to the licensing round for mature
Seadrill Limited gives up on $1.1 bln Petrobras contractsFeb 16, 2015Seadrill Limited says that in November, 2014 Petrobras approval had been received for the extensions of its ultra-deepwater semi-submersibles the West Taurus and West Eminence. Due to recent developments within Petrobras, the Company no longer believes the contracts will be concluded in the timeframe or on the previously approved commercial terms.
Statkraft to become majority owner of Brazilian company DesenvixFeb 16, 2015Statkraft, through its Brazilian subsidiary (Statkraft), has today agreed with Jackson Empreendimentos S.A. (Jackson) to acquire all
Interwell UK changes Managing DirectorFeb 16, 2015Interwell UK announces departure of its managing director, Andrew Louden. Andrew Louden joined Interwell in December 2010 to establish a UK subsidiary of Interwell AS.
Conductor installation completes operation on major gas project In Southern North SeaFeb 16, 2015Conductor Installation Services Ltd (CIS) has successfully completed a conductor installation operation 17 hours ahead of schedule
Subsea 7 S.A. awarded contract offshore AustraliaFeb 16, 2015Subsea 7 S.A. has been awarded a contract by Woodside Energy Ltd for the Persephone Work Pack 2 Fabrication, Subsea Installation
Director, CFO and Executive VP retires from Callon Petroleum CompanyFeb 16, 2015Callon Petroleum Company says that Bobby F. (Bob) Weatherly will be retiring as an employee of the Company effective February
Cardinal Energy set to withstand low oil prices with secondary recovery methodsFeb 16, 2015Cardinal Energy Group, Inc. sets its business strategy for 2015. Secondary recovery methods and developmental or in-field drilling
