Omsk tank farm recognised as the best in Russia and the CIS
Dec 18, 2015
The Gazprom Neft Omsk oil storage facility (tank farm), Gazpromneft-Terminal, has been awarded the Grand Prix at the IV International Awards for the Best Oil Terminals

Hutton Energy awarded five licenses in UK onshore licensing round
Dec 18, 2015
Hutton Energy Ltd ('Hutton') has been offered two licenses in the final tranche of the UK 14th Onshore Licensing Round which brings the total number of new licenses to five.

Union Jack Oil acquire interest in Block TF38c
Dec 18, 2015
Union Jack Oil plc says that Egdon Resources plc ('Egdon') will transfer a 10% interest in Block TF38c to the Company following the announcement of the results of the UK 14th

KCA Deutag’s Offshore and RDS businesses awarded major contracts in Azerbaijan
Dec 18, 2015
Global drilling and engineering contractor, KCA Deutag has been awarded two contracts with BP Exploration (Caspian Sea) Limited (BP).

Weatherford lands world's heaviest casing string
Dec 18, 2015
Weatherford achieved a new world record by landing a 1,180-ton (2,360,700-lb) casing string at a total depth of 26,805 ft (8,170 m). The job was performed on a deepwater

Faroe Petroleum update on Brasse rig contract
Dec 18, 2015
Faroe Petroleum is pleased to announce the award of a rig contract for the drilling of the Faroe-operated, Brasse exploration well in the Norwegian North Sea (Faroe 50%) and the

EMGS appoints Hege A. Veiseth as acting CFO
Dec 18, 2015
Electromagnetic Geoservices ASA (EMGS) has appointed Hege A. Veiseth (38) as acting CFO of the company effective from 1 January 2016, following the resignation of Svein

Tlou Energy provides Lesedi CBM project update
Dec 18, 2015
The Company is pleased to provide an update on its ongoing field development activities for the Lesedi CBM project.

Gazprom and CNPC sign agreement on power of Siberia cross-border section
Dec 18, 2015
Alexey Miller, Chairman of the Gazprom Management Committee and Wang Yilin, Chairman of the Board of Directors of CNPC signed in Beijing an Agreement to design and construct

Bonterra Energy Corp. declares 2016 capital budget
Dec 18, 2015
Bonterra Energy Corp. announces its 2016 capital budget, an operations update, and an adjustment to its dividend level to $0.10 per share commencing with the December 2015

The European Commission discontinues Statoil investigations
Dec 18, 2015
The EU Commission’s competition agency has discontinued its investigation into potential manipulation of oil price benchmarks

GCC companies growing despite challenging business environmen
Dec 18, 2015
A study conducted by Heidrick & Struggles, a professional services firm serving the leadership needs of top organizations around the globe, shows that senior business leaders in the

Providence is growing a unique portfolio of assets in the Irish offshore
Dec 18, 2015
Providence Resources provides a trading update on activities for 2015. Tony O'Reilly, Chief Executive of Providence said,'Despite the

ODE gains from new London headquarters
Dec 18, 2015
International engineering and operations support services contractor ODE is prepared for the challenges going into 2016 following its first year in its new

NOVATEK and China's Silk Road Fund sign binding definitive agreements
Dec 18, 2015
OAO NOVATEK announced the signing of binding definitive agreements as part of a transaction for selling an equity stake in the Yamal LNG project to China’s Silk Road Fund (SRF).

Cue Energy spuds Te Kiri North-1 well in New Zealand
Dec 18, 2015
Cue Energy Resources Limited (Cue) advises that the Te Kiri North-1 well spud on 16th December 2015. Te Kiri North-1 is a deviated well, located onshore within permit

Spectrum to commence 3D Multi-Client project offshore Australia
Dec 18, 2015
Spectrum has commenced a new 3D Multi-Client project over the Vulcan Sub-basin, offshore North West Shelf, Australia.

Victoria Oil & Gas appoint Iain Patrick as a Non-Executive Director
Dec 18, 2015
Victoria Oil and Gas Plc has appointed Mr Iain Patrick as a Non-Executive Director of the Company with immediate effect. Mr Patrick has over 30 years' experience in the

DNV GL, Liander and Enexis reduce power failures in Dutch electricity grid
Dec 18, 2015
DNV GL (formerly KEMA), the world’s largest resource of independent energy experts and certification body, Dutch distribution system operators Liander and Enexis, and substation automation provider Locamation have developed a 24 hour online monitoring system for underground cable networks, with full-scale roll out of the system due to start this year.

Magnum Hunter Resources files voluntary Chapter 11
Dec 17, 2015
Magnum Hunter Resources Corporation and certain of its wholly-owned subsidiaries have filed voluntary petitions for relief under chapter 11 of the United States Bankruptcy Code

Northcote Energy comments on Mexican Onshore Bid Round
Dec 17, 2015
Northcote is pleased to note the announcement by MX Oil plc that it has been successful in winning four concessions in Veracruz, Mexico, namely Tecolutla, Ponton, La Laja and

Statkraft AS reduced investment plan
Dec 17, 2015
Statkraft AS has adjusted its investment plan to the new financial terms. The most material change is that Statkraft no longer will invest in new offshore wind projects.

CNL Software showcasing IPSecurityCenter™ PSIM Advancements at Intersec 2016
Dec 17, 2015
CNL Software will be showcasing the latest advancements to its IPSecurityCenter PSIM solution at Intersec 2016 on Stand No. S1-F30, Dubai International Convention and Exhibition Centre.

BMT makes MD appointments for new partnerships
Dec 17, 2015
BMT Group (BMT) has announced an internal reorganisation which will see the existing BMT operating companies grouped into five market focused partnerships. These