SABIC and ExxonMobil Evaluating Petrochemical Joint Venture on US Gulf CoastJul 26, 2016SABIC and an affiliate of Exxon Mobil Corporation are considering the potential development of a jointly owned petrochemical complex on the US Gulf Coast.
Subsea Diversification is Key to Future SuccessJul 19, 2016Subsea UK, in partnership with Scottish Enterprise, will be running an event on 2nd August to examine why harnessing a range of renewable resources is essential if the industry is to ensure...
Fugro Commences Offshore Geotechnical Contract for ONGC IndiaJul 16, 2016Fugro is to commence a major programme of offshore geotechnical investigations under a contract awarded by Indian oil and gas company, ONGC.
New European Programme to Fund Open Sea Testing for Ocean EnergyJul 15, 2016The ERU 11 million FORESEA project brings together Europe’s leading ocean energy test facilities to help demonstration of tidal, wave and offshore wind energy technologies...
Statoil Completes Divestment of Marcellus Assets in West VirginiaJul 11, 2016On 8 July Statoil and EQT Corporation completed their previously announced transaction, whereby Statoil has sold its non-core operated assets in the US state of West Virginia...
Det norske oljeselskap Receives Exploration Drilling ConsentJul 1, 2016Det norske oljeselskap (Det norske) has received consent from the Petroleum Safety Authority (PSA) Norway to drill an exploration well in block 25/10.
ExxonMobil Confirms Significant Guyana Offshore Oil DiscoveryJul 1, 2016Exxon Mobil Corporation reports that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery...
Wood Group Awarded Engineering and Procurement Services Peregrino ContractJun 28, 2016Wood Group has been awarded a multimillion dollar contract to provide detailed engineering and design, and procurement services...
New MOL Group Gas Discovery in TAL BlockJun 24, 2016MOL Group has announced a new gas discovery in the MOL-operated TAL Block, Pakistan. This marks the company’s 13th discovery in...
BP and Rosneft Create Joint Venture To Develop Prospective Resources in East and West SiberiaJun 20, 2016Rosneft and BP have signed final binding agreements to create a new joint venture, Yermak Neftegaz LLC, to conduct exploration in the...
SDX Energy Inc Withdraws from Bakassi WestJun 16, 2016SDX Energy Inc. has provided an update on its activities on the Manatee-1X exploration well in Bakassi West, Cameroon.
Oil and Gas Discovery at the Brasse Exploration Well and Njord Facility UpdateJun 16, 2016Faroe Petroleum... has announced an oil and gas discovery in the Faroe-operated Brasse exploration well in licence PL740 in the Norwegian North Sea...
Investment in Technology and Exports Vital to Secure Subsea Sector’s FutureJun 10, 2016A snapshot survey by industry body, Subsea UK, has revealed that, while sales have dropped since the oil price collapse, the UK’s subsea industry is maintaining its investment in technology and...
Gas Pioneer Heimdal Turns 30May 31, 2016Statoil celebrates the 30th anniversary for Heimdal field – an important gas supplier to Europe and, together with Statfjord and Gullfaks, contributed to the...
Eni Norge Receives Consent for Exploration DrillingMay 30, 2016The PSA, Norway, reports that Eni Norge – operator for production licence 226 in the Barents Sea – has been granted consent for exploration drilling...
Ocean Team Group Opens First UK DivisionMay 28, 2016Danish-headquartered Ocean Team Group, specialists in cleaning technical fluids and their transfer systems for the global energy industry, has established its first UK division...
Statoil Adopts IHS Kingdom for US Onshore AssetsMay 27, 2016Following a performance-based assessment, Statoil, has selected the IHS Kingdom® geologic and geophysical interpretation software suite as its primary geoscience workflow platform...
Statoil Awarded Considerable Position In 23rd Licensing RoundMay 19, 2016The Ministry of Petroleum and Energy has awarded five licences to Statoil in the 23rd licensing round, four as operator and one as partner.
Lundin Norway Awarded Five Licences in 23rd Norwegian Licensing RoundMay 19, 2016Lundin Petroleum AB reports that its wholly owned subsidiary Lundin Norway AS has been awarded five exploration licences in the 23rd Norwegian Licensing Round.
Announcement of the Norwegian 23rd Licensing Round AwardsMay 19, 2016The Norwegian Ministry of Petroleum and Energy has awarded ten new licenses, consisting of 40 blocks in total. Three of the licenses are located in the newly opened area in the Barents Sea southeast, outside the county of Finnmark. Thirteen companies are offered participating interest.
Fugro Commences Barents Sea Metocean and Ice Network ProjectMay 11, 2016Fugro has begun a 3-year period of metocean and ice data acquisition as part of the Barents Sea Metocean and Ice Network Project.
Cluff Natural Resources Plc Acquisition of North Sea LicencesMay 10, 2016Cluff Natural Resources, the natural resources investing company with gas assets in the Southern North Sea, has announced that it has signed a sale and purchase agreement (SPA)...
Contract Wins Strengthen Wood Group’s Middle East PresenceMay 9, 2016Wood Group has secured two new, 3-year contracts, collectively valued at over USD 140 million, to deliver technical services and expertise to one of the world’s...
Damen Opens Office in the USMay 4, 2016Damen Shipyards Group has announced the opening of a new branch office in Houston, Texas.
