Ophir Energy signs HoA for sale of gas and Capex reductions for Fortuna FLNG
Dec 10, 2015
Ophir Energy has signed Heads of Agreements ('HoAs') for LNG offtake from the Fortuna FLNG project with six counterparties, all of whom are established LNG buyers in European and Asian markets.

Climeon’s groundbreaking heat-power solution wins award for marine energy savings
Dec 10, 2015
Climeon AB has been awarded "Technology Innovation Award" by the multinational consulting and analytical firm Frost & Sullivan for its groundbreaking heat power solution. Frost and Sullivan rates

Jersey Oil & Gas provides corporate update
Dec 10, 2015
Jersey Oil & Gas, an independent upstream oil and gas company ?focused on the UK Continental Shelf region of the North Sea, is pleased to provide a corporate update.

MOL Group awards the winners of the UPPP competition 2015
Dec 10, 2015
MOL Group proudly announced the winners of the UPPP competition. The team Oil Fnatic with three students from the University of Miskolc in Hungary ranked as the number one team of the UPPP competition, beating 1,113 participating teams.

OIS appoints Colin Shellard as new managing director in Aberdeen
Dec 10, 2015
Offshore Installation Services Ltd (OIS), an Acteon company, has named Colin Shellard as its new managing director. Based in Aberdeen, Shellard is responsible for setting the strategy at OIS, as the company continues to

Statoil awarded Johan Sverdrup pipeline contracts
Dec 10, 2015
Statoil has, on behalf of the Johan Sverdrup partners, awarded contracts for the linepipe , coating and pipe installation of the Johan Sverdrup export pipelines.The total contract value is estimated at slightly less than NOK 2.5 billion, the three contracts cover both the oil and the gas export pipelines for Johan Sverdrup.The linepipe fabrication contract for the export pipelines was awarded to Mitsui & Co. Norway A.S.

NorSea Group (UK) wins five-year contract with Wild Well Control
Dec 9, 2015
NorSea Group (UK) Ltd has won a five-year contract with Wild Well Control for the storage of its emergency response WellCONTAINED System at NorSea Group’s facilities in South Base, Montrose.

eDrilling launches simulator for drilling and well engineering and training of all engineering disciplines
Dec 9, 2015
eDrilling has launched a simulator for drilling and well engineering and training of all engineering disciplines, to help the industry with efficient and safe well delivery.

EnQuest provides H2 2015 operations update
Dec 9, 2015
EnQuest CEO Amjad Bseisu said, 'EnQuest is addressing its priorities in this low oil price environment: delivering on production and execution targets, streamlining operations and strengthening the balance sheet.

Bestobell secures major contract to supply valves to Gotland vessel
Dec 9, 2015
Parker Bestobell Marine has secured a second order to supply its globe and check valves that will be used in the LNG fuel gas system on the second ferry being built for Swedish owner Rederi AB Gotland.

OpenLink appoints John E. O’Malley as Chief Executive Officer
Dec 9, 2015
OpenLink has appointed John O’Malley as CEO, effective immediately. Mr. O’Malley takes over from Mark Greene who announced his intention to retire earlier this year. Mr. Greene will continue to serve on the

World Coal Association calls for policy parity for carbon capture and storage
Dec 9, 2015
The World Coal Association (WCA) has published a new report highlighting the importance of carbon capture and storage (CCS) technology to an effective climate agreement at COP21 in Paris.

Shell takes final investment decision to build Solvent Deasphalter unit at Pernis refinery in the Netherlands
Dec 9, 2015
Shell has taken the final investment decision to build a major new unit at the Pernis refinery in Rotterdam, the Netherlands. The Solvent Deasphalter (SDA) unit will remove heavier fractions from crude oil, allowing the refinery to upgrade a larger proportion of its oil intake into lighter, high-grade products.

Fluor Corporation agrees to acquire Stork Holding B.V
Dec 8, 2015
Fluor Corporation has signed an agreement with UK-based private equity firm Arle Capital Partners to acquire 100 percent of Stork Holding B.V., based in the Netherlands, for an investment of €695 million ($755 million).

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

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).

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.

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.

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

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