DNO confirms Kurdistan payment
Dec 4, 2015
DNO ASA, the Norwegian oil and gas operator, confirmed receipt of USD 30 million to be shared pro-rata with its partner Genel Energy plc as a partial payment towards oil exported from the Tawke field

Nostra Terra gets approval of exploratory unit at Paw Paw prospect, Wyoming
Dec 4, 2015
Nostra Terra is pleased to announce the approval of an Exploratory Unit within the Paw Paw Prospect by the Bureau of Land Management.

Ministers must focus on key role of gas in Australia’s economy
Dec 4, 2015
Ministers at tomorrow’s CoAG Energy Council meeting must focus on the critical role that gas plays in the Australian economy, APGA Chief Executive Cheryl Cartwright said.

AEP gets FIRB approval for farmout agreement
Dec 4, 2015
Armour Energy Ltd. says that American Energy Partners LLP (AEP) has received Foreign Investment Review Board (FIRB) approval for AEP’s proposal to acquire a 75 percent interest in Armour’s McArthur Basin

Wood Group acquires The Infinity Group for an initial consideration of $150 million
Dec 4, 2015
Wood Group has agreed to acquire The Infinity Group (Infinity), a privately owned Texas Gulf Coast industrial construction and maintenance contractor serving the petrochemical, refining and gas processing sectors,

Providence Resources to acquire a 60% interest in Offshore Petroleum Lease 1
Dec 4, 2015
Providence Resources says that through its wholly owned subsidiary, Exola Limited, Providence has entered into an exclusive option agreement with PSE Kinsale Energy Limited over the southern portion of

Marathon Oil plug and abandon Solomon exploration well
Dec 4, 2015
Marathon Oil Corporation says that the Solomon exploration well in the Gulf of Mexico reached its total depth of approximately 34,600 feet on Walker Ridge Block 225 and did encounter the lower tertiary target interval.

Kårstø awarded assignment for Mjørud AS
Dec 4, 2015
A contract covering engineering services as well as the production and installation of equipment has been awarded to technology specialist Mjørud AS. Placed by Statoil on behalf of operator Gassco, this assignment

Ziebel celebrates milestone with 100th Z-Rod® intervention
Dec 4, 2015
Ziebel has completed its 100th Z-Rod® distributed fiber optic sensing job. The Z-Rod system consists of a 6500m carbon fiber composite rod with embedded fiber optic lines that make it possible to deploy

MEO Australia updates on Tassie Shoal projects
Dec 4, 2015
MEO Australia Limited advised that the Department of Infrastructure and Regional Development has informed MEO that it considers it unlikely that the Tassie Shoal Projects offshore Northern Australia will require

AVEVA commercially launches AVEVA Everything3D
Dec 4, 2015
AVEVA announced the commercial launch of AVEVA Everything3D™ 2.1 (AVEVA E3D™). The release builds on the software’s proven ability to deliver time and cost savings for brownfield and revamp projects by increasing

Statoil seeking new acreage on the Norwegian Continental Shelf
Dec 4, 2015
Statoil has delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities. It is expected that the Ministry of Petroleum and Energy will announce the awards late first half of 2016. The round represents the first opening of new acreage on the Norwegian continental shelf (NCS) since 1994. Statoil’s application aims to significantly contribute to the company’s ambition for 2030 and beyond.

Senex Energy to bring Martlet-2 well online early in the new year
Dec 3, 2015
Martlet-2 is designed to accelerate recovery of remaining oil from the Namur Sandstone at the Martlet field. The well is located approximately 190 metres south west of the Martlet-1 production well, and approximately

Rosneft closes acquisition of 16.67% share in PCK Raffinerie GmbH from Total
Dec 3, 2015
Rosneft and Total have closed the sale and purchase transaction concerning the 66.67% share in AET-Raffineriebeteiligungsgesellschaft mbH, representing a 16.67% effective share in PCK Raffinerie GmbH (Germany).

Canacol Energy appoints Jason Bednar as Chief Financial Officer
Dec 3, 2015
Canacol Energy Ltd. says that Mr. Jason Bednar has been appointed the permanent Chief Financial Officer of the Corporation effective today. Mr. Bednar has been serving in the capacity of interim CFO of the

KFG Resources puts Barnum #4 on production
Dec 3, 2015
KFG Resources Ltd's President, Robert A. Kadane, reported that the Company's subsidiary, KFG Petroleum Corporation, and partners have put the Barnum#4 well in Adams County, MS on production.

ABB delivers its 10 millionth variable speed drive
Dec 3, 2015
The ten millionth ABB low voltage drive rolled off the production line at ABB’s Beijing factory in November. The ten millionth drive is going to Wuhan Guide Electric Co., Ltd. in China, a system integrator manufacturing

Glacier Energy Services combines businesses to enhance services offering and efficiency
Dec 3, 2015
Oilfield services provider Glacier Energy Services has merged the three businesses which form its specialist services division. Glacier’s heat transfer equipment manufacturing and refurbishment companies

MX Oil qualifies for onshore Mexico bid
Dec 3, 2015
MX Oil plc has been notified by the National Hydrocarbons Commission ('CNH') that the Company, together with its partner Geo Estratos ('Geo'), has pre-qualified to participate in the third phase of the Bid Round 1 Licensing

New private sector body targets sustainable economic future for North-east Scotland
Dec 3, 2015
A new private sector led body, focused on ensuring a sustainable economic future for North-east-Scotland, has been launched following extensive consultation with the region’s business community

Petro-Victory Energy Corp. announces resignation of director
Dec 3, 2015
Petro-Victory Energy Corp. wishes to announce the resignation of Drew Faulkner from the Company's board of directors. Mr. Faulkner joined the board in late July anticipating that he could devote sufficient time t

Northcote Energy withdraws from Mexico bid round
Dec 3, 2015
Northcote provides the following announcement in respect to its Mexico Bid Process. As per the announcements dated 4 September 2015 and 9 October 2015, the Company had entered the data room and submitted

GSE Systems appoints Bahram Meyssami as Chief Technology Officer
Dec 3, 2015
GSE Systems, Inc. has appointed Dr. Bahram Meyssami as Chief Technology Officer. Dr. Meyssami brings to GSE more than 25 years of experience in complex enterprise-level software development and delivery

Corvus Energy presents case study with Lloyd’s Register
Dec 3, 2015
Corvus Energy is pleased to announce its participation at the 2015 Flexible Marine Power & Propulsion Conference (FMPPS), Oslo, which will showcase the latest technologies for hybrid and electrical marine power