Good opportunities for offshore investors to acquire distressed assetsDec 21, 2015Shipping and offshore specialist law firm Wikborg Rein says current low oil prices could mean there are bargains to be had for investors in the offshore sector who follow recommended
Almansoori launches new production testing & stimulation vessel in Arabian GulfDec 21, 2015AlMansoori Specialized Engineering has announced the deployment of the first of two planned production testing and stimulation vessels in the Arabian Gulf.
Cameron stockholders vote to adopt merger agreement with SchlumbergerDec 21, 2015Cameron says that its stockholders, at a special meeting, have overwhelmingly voted to adopt the previously announced merger agreement providing for the acquisition of Cameron
Halcón Resources announces expiration and final results of debt exchange offerDec 21, 2015Halcón Resources Corporation announced the expiration and final results of its previously announced exchange offer to certain eligible holders of its outstanding unsecured debt securities
Earth-i releases new sample imagery from DMC3 / TripleSat constellationDec 21, 2015Earth-i has new detailed sample imagery available for assessment by customers who wish to take advantage of the constellation’s unique combination of optical and temporal resolution.
Aker Solutions and Saipem to cooperate on subsea projectsDec 21, 2015Aker Solutions and Saipem agreed to cooperate on targeted subsea oil and gas development projects worldwide.
Carnarvon encounters minor hydrocarbon shows at Roc-1 wellDec 21, 2015Carnarvon Petroleum Limited provides the following update on drilling operations as advised by the operator of the Roc-1 well, Quadrant Energy.
Mosman has Amadeus Basin EP145 suspension and extension approvedDec 21, 2015Mosman Oil and Gas Limited has applied for and received a 12 month Suspension and Extension approval from the Department of Mines and Energy of the Northern Territory Government
Marked the start of power development for Johan SverdrupDec 21, 2015The mayor from the municipality of Tysvær in Rogaland, Sigmund Lier, pushed the button to set off one of the explosive charges at Haugsneset. The event marked the start of construction
Pioneer Natural Resources reacts to lifting of the crude export banDec 21, 2015Pioneer Natural Resources Company is happy with the actions taken by the United States Congress and President Obama to lift the 40-year ban on crude exports.
Volga Gas reaches its short term target of 750,000 m3 per dayDec 21, 2015Volga Gas says that combined production of gas from its Vostochny Makarovskoye ('VM') and Dobrinskoye fields has reached its short term target of 750,000 m3 per day.
Two processes of Wison Engineering recognized as proprietary technologies by CCESDADec 21, 2015Two processes developed by Wison Engineering have been certified as proprietary technologies by the China Petroleum & Chemical Engineering Survey and Design Association (CCESDA).
Lockheed Martin commissioned to deliver first stage of major UKCS asset integrity projectDec 21, 2015A major study is underway to identify new processes and technologies that can be applied to asset integrity challenges in the UK offshore oil and gas industry.
MMA secures platform supply vessel contract with ConocoPhillipDec 21, 2015The Directors of MMA Offshore Limited say that the company has been awarded a five year contract by ConocoPhillips.
BG Group Lake Charles LNG project receives FERC approvalDec 21, 2015BG Group says that the Lake Charles LNG export project has received approval from the US Federal Energy Regulatory Commission (FERC) to construct and operate
Moore Stephens reports small decline in shipping confidenceDec 21, 2015Overall confidence levels in the shipping industry fell in the three months to November 2015, according to the latest Shipping Confidence Survey from international accountant
Parker Hannifin elects Thomas L. Williams to serve as Chairman of the BoardDec 21, 2015Parker Hannifin Corporation announced that its Board of Directors has elected Thomas L. Williams, current Chief Executive Officer and a Director, as Chairman of the Board, effective
Wood Group wins Australian FEED contract from ShellDec 21, 2015Wood Group has secured a front-end engineering and design (FEED) contract for the Woodside-operated proposed Browse floating liquefied natural gas (FLNG) Development.
NPD releases production figures for November 2015Dec 21, 2015Preliminary production figures for November 2015 show an average daily production of about 1 993 000 barrels of oil, NGL and condensate.
Statoil, partners submits PDO for Oseberg Vestflanken 2Dec 21, 2015Statoil and its partners submitted the plan for development and operation (PDO) of the North Sea Oseberg Vestflanken 2 to the authorities on 18 December 2015. The development will provide in excess of 100 million barrels of oil equivalent. Statoil and its licence partners have decided to develop the Oseberg Vestflanken 2 covering the Alpha, Gamma and Kappa oil and gas structures. They are located around eight kilometres northwest of the Oseberg field centre.
American Midstream announces retirement of Steve BergstromDec 18, 2015American Midstream Partners, LP announced that Steve Bergstrom, Executive Chairman, President, and Chief Executive Officer, retired from his position effective December 10, 2015.
Wood Group commences $250m Central Area Transmission System contractDec 18, 2015Wood Group commences a new contract with CATS Management Limited, a wholly owned subsidiary of Antin Infrastructure Partners, to provide operating services for the
Statoil to cancel rig contract with TransoceanDec 18, 2015Statoil has decided to cancel the contract with Transocean for the drillship Discoverer Americas.The drillship has been on contract with Statoil since 2009, supporting Statoil’s
Clariant Oil Services awarded the Peregrino Chemicals contract by StatoilDec 18, 2015Clariant has been awarded the chemical supply contract from Statoil, on behalf of the Peregrino license partners. The contract covers all chemicals used in the production