JKX Oil & Gas restores Koshekhablskoye well-27 to production
Dec 8, 2015
JKX Oil & Gas plc is pleased to report that well-27 in its Koshekhablskoye field in southern Russia has been restored to production following repairs and recompletion. The well is currently producing at a rate of

Baker Hughes announces weekly rig counts
Dec 8, 2015
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -7 to 737 rigs. U.S. Rig Count is down 7 rigs from last week to 737, with oil rigs down 10

Lundin Petroleum commences Imbok exploration well, offshore Malaysia
Dec 8, 2015
Lundin Petroleum AB is pleased to announce that its wholly owned subsidiary Lundin Malaysia BV has commenced drilling of the Imbok-1 exploration well in Blocks SB307 and SB308, offshore East Malaysia.

Islamic State monthly revenue totals $80 million, IHS says
Dec 8, 2015
Most of the Islamic State’s funding comes from taxation on economic activity and basic services in areas under its control, according to new analysis released by IHS Inc.,

Douglas Westwood and Hannon Westwood unite as part of the ESIA group of companies
Dec 8, 2015
Energy Software Intelligence Analytics has completed the acquisition of Douglas Westwood Limited. The acquisition of Douglas Westwood represents ESIA's next step in delivering a growth strategy for the company

BlackPearl Resources renews its $150 million credit facilities
Dec 8, 2015
BlackPearl Resources Inc. is pleased to announce the renewal of its credit facilities and provide initial 2016 guidance for the Company.

Tracerco to provide smart tracer technology for new wells in Statoil’s Mariner field
Dec 8, 2015
International oil and gas service provider, Tracerco, part of FTSE100 firm Johnson Matthey Plc has landed a contract to provide smart tracer technology for flow measurement of six new wells in Statoil’s Maureen reservoir of the Mariner field in the UK North Sea. Heavy oil was discovered at the field in 1981, but has remained inaccessible until now. Alternative technology implemented by Statoil has made producing from the discovery viable. As part of field development Tracerco’s smart tracers will enable fluid inflow measurement of both oil and water in various zones within the long horizontal wells that would not easily be accomplished using traditional production logging technologies (PLT).

Trinity reaches agreement with LGO Energy over cancelled sale of interests in Tabaquite Block
Dec 8, 2015
Trinity provides an update on the status of the Sale and Purchase Agreement signed in November 2014 with LGO Energy plc to sell Trinity's interests in Tabaquite E&P Company Limited.

Independent Oil and Gas updates on Skipper well funding
Dec 8, 2015
Independent Oil and Gas is pleased to provide the following funding and operational update regarding the upcoming appraisal well on Skipper.

PDi secures £1.5m contract in Nigeria
Dec 8, 2015
Project Development International (PDi) has secured a £1.5million contract with Nigerian oil service company Marine Platforms Limited (MPL), to provide technical support to the Chevron Agbami Phase 3 transport,

2016 ASIAWATER Expo & Forum to take place in Kuala Lumpur April 6-8
Dec 8, 2015
The ninth edition of the ASIAWATER Expo & Forum, the largest and leading water and wastewater event for developing countries in Asia, will take place at Kuala Lumpur Convention Centre from 6-8 April 2016 .

Thalassa Holdings signs new seismic services contract with ConocoPhillips
Dec 8, 2015
The Board says that the Company's wholly owned subsidiary, WGP Group, has entered into a contract to provide long term seismic acquisition services to ConocoPhillips Skandinavia AS.

CGG decides implementation of the transformation plan
Dec 8, 2015
After careful review of the different options to address the Company’s financing needs as announced on November 5 2015, CGG intends to launch a capital increase to finance in particular the Group’s Transformation Plan.

Technip awarded furnaces contract for Unipetrol Ethylene plant in Czech Republic
Dec 7, 2015
Technip has been awarded by Unipetrol a significant(1) lump sum contract to supply four cracking furnaces for their ethylene plant in Zaluzi, Czech Republic.

Santos declares commencement date of new CEO
Dec 7, 2015
Santos announced on 9 November 2015 the appointment of Kevin Gallagher as the company's new Managing Director and Chief Executive Officer.

Gazprom: Russian gas export to France grows by 32 per cent in 11 months
Dec 7, 2015
Gazprom's delegation, led by Alexey Miller, Chairman of the Company's Management Committee, paid a visit to France. As part of the visit, Alexey Miller met with Jean-Pierre Jouyet, Chief of Staff

DONG Energy appoints new Investor Relations Director
Dec 7, 2015
Henrik Brünniche Lund has been appointed Investor Relations Director in DONG Energy. Henrik Brünniche Lund comes from a position as Head of Investor Relations in the Mærsk Group.

Providence Resources to increase equity stake in SEL 2/11 to 100%
Dec 7, 2015
Providence Resources has agreed to increase its equity stake to 100% in Standard Exploration Licence (SEL) 2/11 with the assignment of a 50% interest from its partner, PSE Seven Heads Limited, which is a wholly

KazMunaiGas updates 2016 budget and 2016-2020 business plan
Dec 7, 2015
JSC KazMunaiGas Exploration Production announces the approval by the Board of Directors of the Company's 2016 budget and 2016-2020 business plan which assume the average annual Brent price of US$40.1 per

Falcon to receive $3.7 million termination fee from Naftna Industrija Srbije jsc
Dec 7, 2015
Falcon Oil & Gas Ltd. has signed a termination agreement with Naftna Industrija Srbije jsc terminating the Oilfield Services Contract entered into between the parties in January 2013.

Judgment in favour of Eclairs v. JKX Oil & Gas plc
Dec 7, 2015
The Supreme Court of the United Kingdom has ruled in favour of Eclairs Group Ltd. in allowing its appeal against the Board of JKX Oil & Gas plc's use of its Articles to suspend Eclairs' right to vote at general meetings

TGS changes to multi-client library amortization from 1 January 2016
Dec 7, 2015
Due to an amendment to IAS 38 Intangible assets, the amortization method for the seismic multi-client libraries will have to change with effect from 1 January 2016.

EQT Corporation appoints new President
Dec 7, 2015
EQT Corporation announced the realignment of certain executive responsibilities, which includes the appointment of Steven T. Schlotterbeck as President of EQT Corporation (EQT or Company).

Australian Energy Market Commission recognises importance of gas transmission investment
Dec 7, 2015
The Australian Energy Market Commission has acknowledged the need to maintain and encourage investment incentives in the gas transmission market, the Australian Pipelines and Gas Association said.