Tourmaline further reduces the 1H 2016 capital spending programJan 6, 2016Tourmaline Oil Corp. has further reduced the 1H 2016 capital spending program. The Company is in a fully-funded position from cash flow for 2016 and 2017 capital programs.
Mosman issues review notice o Origin Energy following fallen oil pricesJan 6, 2016Mosman Oil and Gas Limited has noted the fall in the Brent Oil Price, moving below USD40/bbl on 10 December 2015 and has remained below that level since then, with
Genel Energy gets $30 million payment from Kurdistan Regional GovernmentJan 6, 2016Genel Energy says that the Taq Taq field partners have received a gross payment of $30 million from the Kurdistan Regional Governmentfor oil exported through the Kurdistan
AWE approves first stage Waitsia gas field developmentJan 6, 2016AWE Limited reveals that the AWE-Operated L1/L2 joint venture has made the Final Investment Decision (FID) for Stage 1A of the Waitsia gas field development project,
MB Air Systems concludes major offshore projectJan 6, 2016Aberdeen-based specialist MB Air Systems has completed its latest six-figure skid package design as the business continues to win contracts in the North Sea oil and gas sector.
CGG GeoConsulting issues ‘2015 Release 2’ of Tellus and Frogi new venturesJan 6, 2016CGG GeoConsulting reported that Robertson has made a number of major upgrades to its Tellus™ and Frogi global exploration databases.
Paradigm extends its high-definition workflows in the Paradigm 15.5 releaseJan 6, 2016Paradigm® has released its Paradigm® 15.5 comprehensive solution suite aimed at extending its high-definition subsurface workflows and enhancing user productivity.
Statoil awarded contracts for insulation, scaffolding and surface treatmentJan 6, 2016Statoil has awarded two new, long-term contracts with estimated value of NOK 11 billion for insulation, scaffolding and surface treatment services to Beerenberg Corp AS and Prezioso Linjebygg AS. They will provide services to 20 of the company’s 29 installations on the Norwegian continental shelf (NCS) when the contracts take effect. Carried out on all installations on the NCS, as well as all onshore plants in Norway, these services have ripple effects in many parts of the country.
Rosatom foreign order portfolio for 10 years to 2015 exceed US$110 billionJan 5, 2016The State Corporation Rosatom said that based on its latest results, the company’s portfolio of foreign orders for a 10-year period to end 2015 exceeded US$ 110 billion,
Trinity Exploration's Chief Financial Officer retiresJan 5, 2016Trinity, an independent E&P company focused on Trinidad and Tobago, says that Bryan Ramsumair has stepped down as Chief Financial Officer effective 31st December.
Baker Hughes announces weekly rig countsJan 5, 2016Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. U.S. Rig Count is down 2 rigs from last week to 698, with oil rigs down 2 to 536,
Ocean Signal appoints Marinplus as exclusive distributor in SwedenJan 5, 2016Ocean Signal has appointed Marinplus AB as its exclusive distributor in Sweden. Marinplus will now supply a comprehensive range of Ocean Signal products,
Carnarvon Petroleum hits condensate rich gas discovery at Roc-1 wellJan 5, 2016Carnarvon Petroleum Limited says that condensate rich gas from the well using wireline logging tools, as advised by the operator of the Roc-1 well, Quadrant Energy.
Artisan Energy makes management and director changeJan 5, 2016Artisan Energy Corporation says that effective immediately, Mr. Rick Ironside has resigned as President and CEO, and from the Board of Directors of the Corporation, in
PRIX index forecast: No change in global oil exportsJan 5, 2016Will oil exports continue flowing onto the world market, suppressing the oil price? The PRIX index forecast for the first quarter of 2016 has just been calculated and indicates
UK oil and gas production rose more than seven per cent in 2015, predicts Oil & Gas UKJan 5, 2016Oil & Gas UK’s chief executive Deirdre Michie welcomes confirmation of the first rise in oil and gas production for over 15 years but warns that the industry will be extremely
Tallgrass Energy Partners to acquire additional interest in Pony Express PipelineJan 5, 2016Tallgrass Energy Partners, LP has decided to acquire an additional 31.3 percent interest in Tallgrass Pony Express Pipeline, LLC for cash consideration of $475 million and 6.518
Americas Petrogas enters settlement with dissenting shareholdersJan 5, 2016Americas Petrogas Inc. has entered into settlement agreements with certain dissenting shareholders holding 22,523,667 common shares in the capital of the Company.
Cub Energy comments on Ukraine natural gas royalties ratesJan 5, 2016Cub Energy Inc. comments on the newly enacted law reducing gas royalties in Ukraine.
On Thursday, December 31, 2015, Ukraine President Petro Poroshenko signed a new law
Gulfsands Petroleum gets two-year extension for the Chorbane permitJan 5, 2016Gulfsands Petroleum says that following the favourable opinion of the Comité Consultatif des Hydrocarbures made in August 2015 to extend the duration of validity of the first
European Energy A/S to sell a wind farm in Germany with a total capacity of 12 MWJan 5, 2016European Energy A/S has together with a partner signed a conditional agreement concerning the sale of a wind farm in Germany with a total capacity of 12MW. Buyer of the wind park
Cairn Energy completes test of SNE-2 appraisal well, offshore SenegalJan 5, 2016Cairn Energy has completed testing of the SNE-2 appraisal well offshore Senegal with positive results. Operations have been safely and successfully completed following drilling, coring, logging and drill-stem testing (DST). The well is now being plugged and abandoned. Following this first successful appraisal well, resource estimates for the SNE field will be fully revised and announced after the
Solo Oil gets final flow test consent for Horse Hill-1 wellJan 4, 2016Solo Oil has been notified by Horse Hill Developments Limited that the Oil and Gas Authority has granted consent for an extended flow test over three separate intervals in the
Green Dragon exceeds 2015 exit production rate target of 12.0 BCFPYJan 4, 2016Green Dragon Gas Ltd. has exceeded its 2015 year end exit rate gross production target of 12.0 BCFPY by delivering an actual 2015 exit rate of 12.12 BCFPY.
