Fluor Consortium delivers natural gas development project in BrazilFeb 26, 2016Fluor Corporation says that its consortium has met substantial completion on the Gavião Branco facility in the state of Maranhão, Brazil, turning it over to Parnaíba Gás Natural (PGN), Brazil’s leading private gas
Petro River updates on Horizon Energy Partners' farmout agreementFeb 26, 2016Petro River Oil Corp. has released an update from Horizon Energy Partners, LLC relating to a Farmout Agreement between Horizon Energy's wholly owned subsidiary, Grapevine Energy,
Canadian oil production expected to increase despite lower pricesFeb 26, 2016Despite lower crude oil prices, EIA expects Canadian oil production to continue increasing through 2017. Canadian oil sands projects that were already under construction when prices
Houston American Energy to purchase a 12.5% interest in TRLFeb 26, 2016Houston American Energy Corp. has agreed to purchase ordinary shares of Tamboran Resources Limited (TRL) for $1 million. Closing of the purchase is subject to receipt by
Coastal Contracts Bhd secures US$44m for 8 VesselsFeb 26, 2016Malaysia’s Coastal Contracts Bhd through its wholly owned subsidiaries has collectively secured contracts for the sales of three units Offshore Support Vessels (OSV) and five units low-end vessels
Canacol Energy declares Oboe 1 test resultsFeb 26, 2016Canacol Energy Ltd. says that Oboe 1, an appraisal well drilled in its Clarinete gas field on the VIM 5 Exploration and Production Contract, has tested at a maximum rate
Petrotechnics awarded contract by major US LNG operatorFeb 26, 2016Petrotechnics has been appointed by a major LNG operator to deploy its Proscient platform at the operator’s Gulf of Mexico facilities. Petrotechnics’ software will help improve operations
MISC acquires 50 % stake in Gumusut-Kakap Semi-FPSFeb 26, 2016Malaysia International Shipping Company (MISC) has entered into a conditional share purchase agreement with E&P Venture Solutions Co Sdn. Bhd. (EPV) to acquire the remaining
Expro signs subsea framework agreement with StatoilFeb 26, 2016Expro has secured a new framework agreement with Statoil Petroleum AS in the Norwegian Continental Shelf (NCS). The agreement, for three years with options to extend for three, two-year periods will see Expro provide subsea services and well control systems delivering its large bore landing string assemblies for completion, workover and intervention projects from both semi-submersibles and jack-up rigs.
Total starts up production at Vega Pleyade offshore ArgentinaFeb 26, 2016Total has started up production at the offshore Vega Pleyade gas and condensate field in the Tierra del Fuego region of Argentina. Operated by Total, the project will have a
Tlou Energy starts gas production testing at Selemo 1 pilot wellFeb 26, 2016Tlou Energy Limited has commenced gas production testing from the Selemo 1 pilot well, located at its 100% owned Lesedi CBM Project. The aim of the gas testing program is to provide evidence of a sustainable
POSH secures contracts worth US$85M for five vessels in Middle EastFeb 25, 2016Singapore’s Pacc Offshore Services Holdings Ltd (POSH) has secured long-term charters, worth $85 million, for five vessels to the Middle East. The first contract is for the Group to supply four new utility vessels
Wentworth Resources updates Tanzania ReservesFeb 25, 2016Wentworth Resources has updated the results of an independent evaluation of the gas reserves within the Mnazi Bay Concession in Tanzania, carried out by RPS Energy Canada Ltd. (RPS)
Sri Lanka signs agreement with Total for two deepwater blocksFeb 25, 2016The Government of Sri Lanka has signed a Joint Study Agreement (JSA) on the 18th of February 2016 with French oil major Total, to explore two ultra-deep water blocks off the east coast of Sri Lanka. The objective of this study is to explore the two offshore blocks
Suncor Energy appoints new member to Board of DirectorsFeb 25, 2016Jim Simpson, Chair of the Board of Directors of Suncor, has declared the appointment of Patricia M. Bedient to the company's Board of Directors. Ms. Bedient's appointment is effective immediately.
Fugro to deploy new-build Fugro Aquarius for Petrobras contractFeb 25, 2016Fugro has been awarded an inspection, repair and maintenance (IRM) contract by Petrobras in Brazil. Under the contract Fugro will deploy its new 83-metre ROV support vessel,
Ascent makes progress to produce gas from the Petišovci fieldFeb 25, 2016Ascent Resources makes further progress towards its goal of producing gas from the Petišovci field in 2016. Our long-term goal is to construct a new processing facility to clean the
RGU offers industry first mental health care training for offshore medicsFeb 25, 2016Robert Gordon University (RGU) will run a two-day mental health care training short course aimed at offshore medics which is the first of its kind for the oil and gas industry.
Faroe Petroleum declares results of Kvalross exploration wellFeb 25, 2016Faroe Petroleum says that drilling has reached target depth on the Wintershall operated Kvalross exploration well in the Barents Sea.
Cadogan signs technical service agreementsFeb 25, 2016Cadogan Petroleum has entered into separate technical service agreements with LLC 'Brend-Vik LTD',
LGO Energy working on potential strategic investmentsFeb 25, 2016LGO Energy plc has continued working closely with its advisors in the USA, Wellford Capital Markets, LLC and Height Securities, LLC, on potential strategic investments in the business.
Bankers Petroleum and the Government of Albania sign agreement to resolve 2011 tax disputeFeb 25, 2016Bankers Petroleum Ltd. says that the Minister of Energy and Industry, AKBN, and Bankers have signed a formal agreement for the appointment of an international expert audit team to review
Bell Geospace acquires new Lockheed Martin InstrumentFeb 25, 2016Bell Geospace has acquired their fourth Full Tensor Gravity Gradiometer (FTG). The addition of this instrument to their fleet will allow Bell to continue to meet the needs of clients in Africa and Southeast Asia
Shell makes senior staff and organisational changes in North AmericaFeb 25, 2016Royal Dutch Shell reported that after a 34-year career with the company, Unconventional Resources Director and U.S. Country Chair, Marvin Odum, will leave Shell at the end of March, 2016.