New World Oil & Gas to reduce further the Company's cost baseFeb 16, 2016On 19 November 2015, the Company declared that all of the resolutions proposed at its general meeting were passed by shareholders, principally in connection with the strengthening of the board.
Official programme released for Biennial industry eventFeb 16, 2016Sand production can be a major challenge for oil and gas operators, causing significant financial losses (running to billions of dollars annually), and causing asset failure with drastic consequences.
OpenLink signed by Switzerland-based energy provider, MET InternationalFeb 16, 2016OpenLink says that MET Group has chosen OpenLink to manage its cross-border, multi-commodity energy trading risk management and REMIT reporting.
New recommendations for novel materials in renewable energyFeb 16, 2016Following the landmark climate accord in Paris, the world is looking to a rapid upscaling of wind and solar energy in the energy mix in the coming decade and beyond. This will only be made possible, says DNV GL, with concomitant developments in materials, including: alternative semiconductor material in photovoltaics (e.g. halide perovskite), new PV module coatings, materials and coatings for the harsh conditions of CSP and thermal energy storage,
Stephen W. Green named President of Chevron Asia Pacific Exploration and ProductionFeb 15, 2016Chevron Corporation named Stephen W. Green president of Chevron Asia Pacific Exploration and Production effective April 1, 2016.
Rosneft and BP obtain regulatory approvals to dissolve the German JVFeb 15, 2016Rosneft has obtained the approval to dissolve the Ruhr Oel GmbH (ROG) Joint Venture from the German Federal Ministry of the Economy and Energy (Bundesministerium für Wirtschaft und Energie).
Premier Oil terminates drilling contract with Ocean Rig UDWFeb 15, 2016Premier and Noble Energy entered into a contract with Ocean Rig UDW on 3 June 2014, for the provision of the Eirik Raude drilling unit for an exploration drilling campaign in the Falkland Islands.
Noble Corporation declares settlement with Paragon OffshoreFeb 15, 2016Noble Corporation declared a settlement agreement in principle with Paragon Offshore plc, the company spun-off by Noble in 2014, following the public announcement by Paragon
Petsec Energy appoints VP Technical of Middle Eastern subsidiaryFeb 15, 2016Petsec Energy Ltd has appointed Mr. John Rees as Vice President Technical of the Company's wholly owned subsidiary, Petsec Energy (Middle Eastern) Limited.
TransCanada plans $42 billion in near-term, long-term capital projectsFeb 15, 2016TransCanada Corporation was stung by denial of a U.S. presidential permit for the Keystone XL Pipeline, but still plans to spend C$58 billion ($42 billion) on capital projects through 2019 and beyond,
Europa Oil & Gas increases offshore Ireland acreageFeb 15, 2016Europa Oil & Gas (Holdings) plc has been awarded a new Licensing Option (the 'LO') in the southern Porcupine Basin, offshore Ireland, as part of phase 1 of the 2015 Atlantic Ireland round.
Rey Resources to commence legal action against Oil BasinsFeb 15, 2016Rey Resources Litd. and its wholly owned subsidiary, Rey Lennard Shelf Pty Ltd. (RLS), have commenced legal proceedings against Oil Basins Limited in the Supreme Court of Western Australia
Strategic to spud its fourth well of the winter drilling programFeb 15, 2016Strategic Oil & Gas Ltd. says its current corporate production is estimated at 2,050 boe/d. The Company is preparing to spud its fourth well of the winter drilling program. Strategic has further delineated
ESS win prestigious Health & Vitality Communication and Engagement Honours AwardFeb 15, 2016ESS Support Services Worldwide, part of Compass Group UK & Ireland, has won the prestigious Health & Vitality Communication and Engagement Honours award at the Health & Vitality Honours 2016
Researchers size up North Sea offshore workers’ helicopter escape potentialFeb 15, 2016Research on the size and shape of the North Sea offshore workforce has revealed that some UK workers are larger than average American males and take up more space than earlier data had indicated.
Basic Energy Services reports selected operating data for January 2016Feb 15, 2016Basic Energy Services, Inc. reported selected operating data for the month of January 2016. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were
Pura Vida plans to drill a second well in Mazagan permit Off MoroccoFeb 15, 2016Pura Vida Energy NL, via its subsidiary, PVD Exploration Morocco SARL AU, is a party to a farmin agreement and joint operating agreement with a subsidiary of Freeport-McMoRan Oil & Gas,
BP to extend licence and develop second phase of major Khazzan gas fieldFeb 15, 2016BP and Oman Oil signed a heads of agreement with the Government of the Sultanate of Oman committing to amend the Oman Block 61 exploration and production sharing agreement (EPSA), extending the licence
Woodside Petroleum makes second gas discovery in MyanmarFeb 15, 2016Woodside advises that the Thalin-1A exploration well in Block AD-7 in the Rakhine Basin has intersected a gross gas column of approximately 64m. Approximately 62m of net gas pay
Pilot Energy receives approval for farm-in to Empire's onshore Perth Basin permitsFeb 15, 2016Pilot Energy has advised that the West Australian Department of Mines & Petroleum has approved the transfer of title and operatorship to the Company pursuant to its agreement with Empire Oil & Gas
Delphian Ballistics reaches key commercial milestoneFeb 15, 2016A north-east technology company is celebrating a key milestone in the commercialisation of its product, with potential to transform the global oil and gas industry.
Dril-Quip to establish Singapore R&D facilityFeb 15, 2016Dril-Quip, Inc. is establishing a research and development facility in Singapore focusing on materials and products suitable for high pressure and high temperature (HPHT) applications.
Saipem: Italian High Court decision will have no financial impact on the companyFeb 15, 2016The sixth criminal section of the Italian High Court (Corte di Cassazione) handed down its ruling on Saipem's appeal against the February 2015 sentence of the second criminal section
Cub Energy declares director resignationFeb 15, 2016Cub Energy Inc. says that Richard 'Dick' K. Stoneburner has informed the Board that he has resigned as Director of the Company effective today.
