Nostra Terra acquires producing assets in the Permian BasinFeb 23, 2016Nostra Terra Oil & Gas has acquired producing assets in the Permian Basin of New Mexico from Alamo Resources II, LLC. The company has agreed to pay US$3.0 million to acquire a 60% WI
Petroceltic starts drilling in AlgeriaFeb 23, 2016Petroceltic International plc has started the development drilling on the Ain Tsila gas and condensate field in Algeria.
Africa Oil completes Ethiopia farmout deal with Maersk OilFeb 23, 2016Africa Oil Corp. has completed the farmout deal with Maersk Oil related to the South Omo and Rift Basin Blocks in Ethiopia. At completion of the deal, Africa Oil
Hurricane Energy makes directorate changeFeb 23, 2016UK-based Hurricane Energy plc. declares that Non-executive Chairman, John Hogan, has advised the Company of his intention to step down from the
Eni gets approval for the development of Zohr gas fieldFeb 23, 2016Eni has been granted approval for the development of Zohr gas field, located in the Shorouk Concession, offshore Egypt.
Cape secures new contract in South KoreaFeb 23, 2016UK's Cape plc has secured a contract with Samsung Heavy Industries (SHI) in South Korea for the installation of insulation to the Cryogenic Pipework on the Process Topside on Shell’s
JDR awarded two umbilical contracts in Middle EastFeb 23, 2016UK-based JDR has been awarded two umbilical contracts by McDermott Middle East Inc., for undisclosed operators. The umbilicals will be delivered to two projects in the United Arab Emirates and Qatar.
Argos signs participation agreement with Noble Energy and Edison InternationalFeb 23, 2016Argos Resources Limited, which holds a 5% Overriding Royalty Interest in Licence PL001 in the North Falkland Basin, has signed a Participation Agreement with Noble Energy Falklands Limited and Edison International
Strata expands land base by 50% in AlbertaFeb 23, 2016Strata Oil & Gas Inc has entered into an agreement to acquire the rights to over 20,000 acres of oil sands leases in the Peace River oil sands region of Alberta,
Gastar Exploration signs agreement to sell certain Appalachian Basin assetsFeb 23, 2016Gastar Exploration Inc. has entered into a definitive purchase and sale agreement to sell certain Appalachian Basin assets primarily located in Marshall and Wetzel Counties, West Virginia.
CGG to conduct airborne gravity & magnetic survey offshore MexicoFeb 23, 2016CGG will commence a multi-client airborne gravity and magnetic survey offshore Mexico in March 2016. The Comisión Nacional de Hidrocarburos (CNH) has authorized the program
Optimarin secures nine vessel AHTS contract with SinopacificFeb 23, 2016Optimarin Ballast System (OBS) has been selected for nine Sinopacific Shipbuilding Group AHTS vessels. The contract win comes on the back of a recent ten unit order from Atlantis Tankers
Empyrean Energy completes sale of Sugarloaf AMI projectFeb 23, 2016Empyrean Energy Plc has reached financial close on 19 February 2016, Houston time, of the purchase and sale agreement with Carrier Energy Partners II, LLC, a Delaware corporation, to dispose
Lukoil granted right to use suboil block in Baltic SeaFeb 23, 2016LUKOIL-Kaliningradmorneft, a wholly-owned subsidiary of PJSC LUKOIL, was granted the right to use a subsoil block of federal significance which includes the D33 oil field in
Fugro to provide offshore survey and positioning services at flagship Angolan projectFeb 23, 2016Under a contract awarded by Technip, Fugro is to provide offshore survey and positioning services at the Kaombo oil development offshore Angola. Fugro will provide offshore deepwater survey and positioning services to a total of seven installation vessels and construction support vessels. The number of vessels as well as the stringent schedule for the work requires complex simultaneous operations.
Described by operator, Total as 'a new frontier in Angolan oil and gas,' Kaombo is a landmark project that presents significant geological and technical challenges.
Cairn acquires additional interest in the Kraken developmentFeb 22, 2016Cairn Energy through its wholly owned subsidiary, Nautical Petroleum Limited, has acquired an additional 4.5% interest in the Kraken development in the UK North Sea
Cluff Natural Resources signs 2 year extension of MOU with HalliburtonFeb 22, 2016Cluff Natural Resources Plc has entered into a further memorandum of understanding (MoU) with Halliburton Manufacturing and Services Limited, to
Wood Group secures further design contract for GWF-2Feb 22, 2016Wood Group has secured a contract with Woodside to provide the detailed design of the Greater Western Flank Phase 2 (GWF-2) flowline system. The GWF-2 Project
Wood Group PSN reduces UK contractors’ ratesFeb 22, 2016In response to continuing cost and efficiency challenges affecting the UK North Sea oil & gas sector, Wood Group PSN (WGPSN) has declared plans to reduce
Romgaz to relinquish EX29 Est Rapsodia Block in the Black SeaFeb 22, 2016Following the results obtained from exploration operations, ROMGAZ and its partners intend to relinquish the EX29 Est Rapsodia Block in the Black Sea
SkyPower signs PPA to deliver 200 MW of solar energy projects in IndiaFeb 22, 2016SkyPower has signed four Power Purchase Agreements (PPA) with the Indian state of Telangana to build and operate a total of 200 megawatts (MW) AC of solar energy projects.
Chariot Oil & Gas completes 3D seismic programme in NamibiaFeb 22, 2016Chariot Oil & Gas Limited has completed its 3D seismic survey in Blocks 2312 & 2412A offshore Namibia in conjunction with its partners AziNam (20%), NAMCOR (10%) and Ignitus (5%).
AGR to support Colombia’s development of significant heavy oil resourcesFeb 22, 2016AGR has finalised a contract with Colombia’s Agencia Nacional de Hidrocarburos (ANH) supporting further the company’s growth strategy in the South American region.
Vantage signed agreement for Tungsten ExplorerFeb 22, 2016Vantage Drilling International has signed an agreement for a two-year extension of the Tungsten Explorer contract. The contract is now anticipated to keep
