Minesto attracts additional 145 MSEK and gets 2,500 new shareholdersOct 28, 2015Marine energy company Minesto, raises another 145 MSEK and gets circa 2,500 new shareholders as a new share issue has been completed to the public in Sweden,
EXCO Resources closes second lien term loansOct 28, 2015EXCO Resources, Inc. has closed the funding of its previously announced 12.5% Senior Secured Second Lien Term Loan in the aggregate principal amount of $300 million
MEG Energy significantly reduces overall cost structureOct 28, 2015MEG Energy Corp. reported third quarter 2015 operating and financial results. Highlights include:Net operating costs of $9.10 per barrel, supported by record-low non-energy operating costs of $5.98 per barrel in
Global Maritime Deep Sea Mooring awarded Lundin Norway contractOct 28, 2015Global Maritime Deep Sea Mooring has been awarded a three-year contract with Lundin Norway for mooring equipment services. Through the contract, Deep Sea Mooring
Rosneft signs agreement of cooperation with Ministry of Foreign AffairsOct 28, 2015Rosneft and the Ministry of Foreign Affairs of the Russian Federation signed an Agreement of cooperation. The document was signed by Rosneft Chairman of the Management
Costain role in pioneering fractured basement reservoir developmentOct 28, 2015UK engineering solutions provider, Costain, is involved in a project which the Oil and Gas Authority has recently lauded as “significant” for the future of the UK continental shelf.
DNV GL starts first independent IEC 61850 Test Centre in SingaporeOct 28, 2015DNV GL announces the launch of its IEC 61850 Test Centre in Singapore. The IEC 61850 Test Centre is the first independent test centre focusing on providing IEC 61850
J D Neuhaus - Process technologies boosted with Big-Bag HandlingOct 28, 2015Processing procedures involving powdered, granulated or other free-flowing materials require regular, high volume product top-ups to maintain adequate production through-puts.
Nostrum provides operational update for the nine months ended 30 September 2015Oct 28, 2015Nostrum Oil & Gas announces its operational update for the nine month period ended 30 September 2015. This update is being issued in advance of the release of its audited
Decom innovation benefits from collaborative boostOct 28, 2015Further signifying the increasing awareness of UKCS decommissioning, Decom North Sea (DNS), the representative body for the offshore decommissioning industry,
New study reveals insight on collaboration, data analysis and cultural change in oil and gasOct 28, 2015A new report reveals that whilst the current environment is creating opportunities for innovation, almost half of oil and gas executives admit they have fallen short of their innovation goals
Providence commences farm-out process in the Spanish Point areaOct 28, 2015Providence Resources provides an update on the Spanish Point area in the northern Porcupine Basin, offshore west of Ireland. The Spanish Point area includes Frontier
Select Sands Corp. completes drilling programOct 28, 2015Select Sands Corp has completed a drilling program covering approximately 95% of the Sandtown Silica Sands project. The current drilling demonstrated uniformity and quality
AWE commences flow testing of second zone in Waitsia-1 wellOct 28, 2015AWE Limited, Operator of the L1/L2 joint venture, has commenced flow testing of the second zone in the Waitsia-1 well, the Kingia Formation, to further appraise the conventional
Serica Energy to acquire interest in Columbus field extensionOct 28, 2015Serica Energy plc says that agreement has been reached with BG International Limited and SSE E&P UK Limited for BG and SSE to transfer their equity in that part of Block
Baikal #1 drilling program underway on PEL 444Oct 28, 2015Holloman Energy Corporation reports that the Baikal #1 exploration well on Petroleum Exploration License (PEL) 444 is expected to spud early December.
Blackbird Energy successfully logged and cased ElmworthOct 28, 2015Blackbird Energy Inc. is pleased to provide an operational update regarding its drilling program at Elmworth. Blackbird has successfully drilled, logged and cased it's third 100% working interest well at Elmworth
Technip awarded a substantial contract to supply flexible pipes for the Libra fieldOct 28, 2015Technip was awarded a substantial contract from Libra Oil & Gas BV, a consortium led by Petrobras Netherland BV (40%) and partners: Shell (20%), Total (20%), CNOOC (10%) and CNPC (10%).The project includes the supply of flexible pipes for the Libra Extended Well Test field, located in the Santos Basin pre-salt area, Brazil. This is one of the first steps of the Libra giant field development.
Lundin completes the Mengkuang-1 exploration well, offshore MalaysiaOct 27, 2015Lundin Petroleum says that its wholly owned subsidiary Lundin Malaysia BV (Lundin Malaysia) has made a small gas discovery with the Mengkuang-1 exploration well
Exillon Energy provides September 2015 production figuresOct 27, 2015Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, is pleased to announce unaudited
CEO of Trinity Exploration & Production resignsOct 27, 2015Trinity announces that Joel 'Monty' Pemberton, Chief Executive Officer, has tendered his resignation, effective 31st December 2015, and that it has been accepted by the
Baker Hughes announces weekly rig countsOct 27, 2015Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. Unchanged at 787 rigs
Transocean Ltd. provides fleet status reportOct 27, 2015Transocean Ltd. issued a comprehensive Fleet Status Report which provides the current status of and contract information for the company's entire fleet of offshore drilling rigs
Canamax Energy announces successful fall drilling programOct 27, 2015Canamax Energy Ltd. is pleased to announce the results from its recent drilling program at its Greater Grimshaw area. This area encompasses properties at Flood Lake,
