Leigh Creek Energy signs HOA with APA Group
Dec 16, 2015
Leigh Creek Energy Limited has signed a non-binding Heads of Agreement (HOA) with APT Pipelines Limited, a subsidiary of APA Group, which will allow the development of

Gateway Norway and Marstrat combine forces
Dec 16, 2015
Scandinavian maritime company Gateway Norway and Rotterdam based Marstrat BV have entered into a strategic partnership. Both private companies are specialist in their respective territories.

Bibby Offshore secures multimillion pound subsea project with BP
Dec 16, 2015
Bibby Offshore has been awarded a multimillion pound contract by BP to replace subsea infrastructure in the Central North Sea.

New industrial advisory firm will support energy services sector to shape the future
Dec 16, 2015
Two recognised industry experts have risen to the challenge of a low oil price by joining forces to officially launch Vinstra - an energy-focused advisory company, providing valuable,

DONG Energy signs new credit facilities
Dec 16, 2015
DONG Energy A/S has signed a EUR 1.4bn 5-year syndicated revolving credit facility and a EUR 350m 3-year syndicated revolving credit facility. Both facilities include two

Technip awarded a subsea contract for the Odd Job deepwater field in the GoM
Dec 16, 2015
Technip has been awarded a lump sum contract by Deep Gulf Energy II, LLC for the development of the Odd Job field. This ultra deepwater field is located in Mississippi Canyon,

Cash Strapped Petrobras Attempts to Sell Pre-Salt Areas
Dec 16, 2015
“Our strong operational result was consumed by a decline in the exchange rate,” Petrobras Chief Financial Officer Ivan Monteiro told reporters in Rio de Janeiro. Petrobras posted a loss of USD1.01 billion in the third quarter....
By Peter Howard Wertheim & Dayse Abrantes

Well-Centric secures £8million contract win
Dec 16, 2015
The three-year deal will see Dyce-based Well-Centric provide offshore wellhead maintenance services, as well as workshop-based wellhead repair and

Oil & gas producers welcome historic Paris agreement
Dec 16, 2015
The International Association of Oil & Gas Producers (IOGP) welcomes the historic COP21 agreement in Paris last week.

SacOil optimising production at Lagia oil field
Dec 16, 2015
SacOil Holdings Limited, on behalf of its subsidiary, Mena International Petroleum Company Limited ('Mena'), is pleased to announce an update on the drilling of the

Wood Group expands automation business in Asian markets
Dec 16, 2015
Wood Group is continuing to expand its Automation and Control business, establishing dedicated automation capabilities at Wood Group Mustang’s Kuala Lumpur office to serve

Africa Oil encounters net oil play at Etom-2 well
Dec 16, 2015
Africa Oil Corp. says that the Etom-2 well in Block 13T, Northern Kenya, has encountered 102 metres of net oil pay in two columns. The objective of the well was to explore the north

Bankers Petroleum announces 2016 capital budget and work program
Dec 16, 2015
Bankers Petroleum Ltd. announces its 2016 capital program of US$65 million (all amounts referenced below are in US dollars unless otherwise noted). The capital program will be

Penspen strengthens US offering with four senior appointments
Dec 16, 2015
Penspen has appointed four key members to its team, as part of its ongoing expansion in the Americas region.

Norway trials new age of e-navigation with NAVTOR
Dec 16, 2015
The Norwegian Coastal Administration (NCA) has initiated the first full-scale trial of e-navigation in Norwegian waters in conjunction with NAVTOR. The test sees the ferry MS

New compact tool provides high-quality imaging in challenging wells
Dec 16, 2015
Weatherford International plc announced the official launch of its Compact oil-base mud microimager (COI), a slim-profile tool that delivers fullbore, high-definition images in wells

Seatronics collaborates with robotic systems manufacturer, Inuktun
Dec 16, 2015
Seatronics, an Acteon company, has formed a collaboration with Canadian-based manufacturer, Inuktun Services Ltd. Inuktun has extensive expertise in remote controlled

Statoil awarding framework agreements for maintenance and modifications
Dec 16, 2015
Statoil has awarded maintenance and modification agreements worth NOK 24 billion for the company’s installations on the Norwegian continental shelf (NCS) and for the onshore plants at Sture, Kollsnes, Kårstø and Melkøya. Competition agreements for more complex modification services have also been awarded.

Petrofac's collaborative approach secures contract extensions
Dec 15, 2015
Petrofac has been supporting the UK Continental Shelf (UKCS) for more than 20 years, working in collaboration with its customers to drive efficiencies and generate maximum

CNPC signs strategic cooperation agreement with Mubadala Petroleum
Dec 15, 2015
On December 13 in Beijing, in the presence of His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, CNPC Chairman Wang Yilin and Dr. Sultan Ahmed

Technip certified in 5 additional countries to the EDGE standard
Dec 15, 2015
Technip and EDGE Certified Foundation announce that Technip entities in Australia, Malaysia, United Kingdom, United Arab Emirates and United States have been certified to the

ExxonMobil starts Banyu Urip central processing facility in Indonesia
Dec 15, 2015
ExxonMobil announced the successful and safe startup of the onshore central processing facility at the Banyu Urip field in Indonesia,

Magnum Hunter announces new record throughput volumes at Eureka Hunter
Dec 15, 2015
Magnum Hunter Resources Corporation says that throughput volumes on Eureka Hunter Pipeline, LLC's gas gathering pipeline system located in West Virginia and Ohio reached

Offshore oil and gas sector set to get a 'lift'
Dec 15, 2015
VISTEM, a provider of game-changing technology to the oil and gas industry, has launched an innovative mobile access platform for the offshore sector that is set to bring significant cost,