The Real Cause Of Low Oil Prices: Interview With Arthur BermanJan 12, 2015With all the conspiracy theories surrounding OPEC's November decision not cut production, is it really not just a case of simple
EFC Group awarded £3.65million of contractsJan 12, 2015EFC Group has been awarded contracts with major oil and gas drilling contractor companies to the value of £3.65million.
Alphastrut awarded six figure contract with Det norskeJan 12, 2015Alphastrut has been awarded a six figure contract with Det norske to provide raised access flooring on the Ivar Aasen Northern
Statoil to extend lifetime of Norne field to 2030Jan 12, 2015Initially scheduled to be shut down during 2014, the ambition is now to extend the life of the Norne field to 2030. The Norne field came on stream on 6 November 1997, and the initial development plans called for the field to be shut down during 2014. But the Norne adventure is far from over.
Joint venture set to revolutionise well interventionJan 12, 2015Pipeline manufacturer Magma Global has entered into a partnership with back-deck provider specialist Maritime Developments
Greene's Energy Group promotes Cummins to VP Key Account ManagementJan 9, 2015Greene’s Energy Group, LLC (GEG) has promoted Tracy Cummins to Vice President of Key Account Management.
ITF launches technology showcase 2015 call for papersJan 9, 2015The Industry Technology Facilitator (ITF), the organisation driving oil and gas technology development in the UK, is holding its
FARO® launches innovative, user-friendly handheld 3D laser scannerJan 9, 2015FARO Technologies, Inc. has released the new FARO Freestyle3D Handheld Laser Scanner, an easy, intuitive device for use
Trapoil updates continued work on existing licensesJan 9, 2015Trapoil provides a corporate and operational update. The Athena Oil Field (Athena), in which Trapoil holds a 15 per cent. equity interest,
FX Energy announces sidetrack at Zaniemysl-3k wellJan 9, 2015FX Energy, Inc. reported that sidetracking operations at the Zaniemysl-3k well have started. The sidetrack is being drilled from
2H Offshore joins DNV GL JIP on thermoplastic composite pipe design guidelineJan 9, 20152H Offshore, an Acteon company, has teamed up with oil and gas industry leaders to develop a new design guideline for
Europa Oil & Gas decides not to recomplete WF9 well in light of current oil pricesJan 9, 2015Europa Oil & Gas (Holdings) provides an update on its activities across its UK onshore licences located in the established East
Claxton becomes number one supplier with 5000th conductor centralizer installationJan 9, 2015Claxton, an Acteon company, has installed more than 5000 conductor guide centralizers, making the company the market leader for conductor centralizer installation in the North Sea. Conductor centralizers form the interface between the platform jacket and well conductor, assuring vital conductor integrity. Having supplied a range of conductor and structural centralizers to major operators since 1992, Claxton has become the
Jacobs Engineering Group receives contract from BP in BelgiumJan 8, 2015Jacobs Engineering Group Inc. received a contract from BP Chembel N.V. for basic and detailed engineering services to
Bankers Petroleum report record year and fourth quarter operational updatesJan 8, 2015Bankers Petroleum Ltd. announces the Company's fourth quarter operational update.
Bankers achieved 14% growth in 2014 with average production
Bibby Subsea signs vessel contract with Bordelon MarineJan 8, 2015Bibby Offshore’s Houston-based division, Bibby Subsea has signed a three year contract with Bordelon Marine to charter a
Lundin Petroleum slashed 2015 budgetJan 8, 2015Lundin Petroleum announces its 2015 development, appraisal and exploration budget which totals USD 1.45 billion and
Statoil awards contracts for services at seven coastal basesJan 8, 2015Statoil has awarded the service contracts for seven bases for the company in Norway. These contracts have been awarded to NorSea Group AS, Saga Fjordbase AS and Asco Norge AS.The contracts awarded include terminal and warehouse services as well as storage and pipeline handling.“These contracts, which will involve a long-term cooperation with the chosen suppliers, will result in great savings for Statoil’s logistical operations.
Eni awarded an exploration license in CroatiaJan 8, 2015Eni was awarded an exploration license within the Croatian First Offshore Licensing Round. The License is referred to Block 9,
Avanti Energy signs agreement to acquire Italian gas E&P companyJan 8, 2015Avanti Energy Inc. has signed a purchase and sale agreement (PSA) with Dove Energy B.V. (Dove) for the purchase of CMI
Amarinth awarded $1M order by Expro for API 610 pumpsJan 7, 2015Amarinth has been appointed by Expro to deliver $1M of API 610 OH1 pumps for the Subsea Well Response Project.
Lundin's Kopwervik exploration well abandoned as a dry holeJan 7, 2015Lundin Petroleum, through its wholly owned subsidiary Lundin Norway AS, has completed the drilling of wildcat well 25/10-12S.
Suretank acquires Prior DieselJan 6, 2015Suretank has acquired Prior Diesel, an oil services company based in the thriving oil and gas centre of Great Yarmouth, UK.
Antrim Energy announces Director resignationJan 6, 2015Antrim Energy Inc. has been advised by its registrar and transfer agent that as a result of a proxy tabulation error by the