SOCO commences drilling at Baobab Marine-1 wellFeb 9, 2016SOCO says that the Baobab Marine-1 ('BABM-1') commitment well commenced drilling on 5 February 2016 in the Mer Profonde Sud Block, located in the Lower Congo Basin,
New offshore vessel to be fitted with Cathelco BWT systemFeb 9, 2016Cathelco is supplying a ballast water treatment (BWT) system for a new offshore vessel built by Eastern Shipbuilding Group Inc., for Harvey Gulf International Marine, LLC.
Acteon Field Life Service launchedFeb 9, 2016Subsea services company Acteon has launched a new service offering to directly address the demands and changing conditions of the global oil and gas industry.
Buru Energy completes testing program on Ungani Far West 1 wellFeb 9, 2016Buru Energy says that since the last report of 4 February the wireline logging and pressure testing program has been completed. The quality of the wireline logs is excellent, but definitive
Circle Oil signs MoU in MoroccoFeb 9, 2016Circle Oil, together with its partner Office National des Hydrocarbures et des Mines ('ONHYM'), has signed a Memorandum of Understanding ('MOU') with a potential new gas customer
Total starts-up production at Laggan-Tormore in the West of ShetlandFeb 9, 2016Total has started-up production from the Laggan and Tormore gas and condensate fields, located in 600 meters of water in the West of Shetland area. The fields will produce 90,000 barrels
SDX Energy encounters oil bearing reservoir sections at Al Amir SE 23 development wellFeb 9, 2016SDX Energy Inc. says that the Al Amir SE 23 development well in North West Gemsa, has encountered significant oil bearing reservoir sections in both the Kareem Rahmi and
Terra Energy closes minor non-core asset salesFeb 9, 2016Terra Energy Corp. has closed the sale of certain of the Company's minor non-core, P&NG assets in the Mica/Parkland area of the Province of British Columbia for approximately $1.0 million.
Total appoints Senior Vice President, Scientific DevelopmentFeb 9, 2016Philippe Baptiste has been appointed Senior Vice President, Scientific Development at Total, effective February 1, 2016.
Ardyne launches with acquisition of Wellbore ASFeb 9, 2016New oilfield services company Ardyne has been launched with £50 million backing from Lime Rock Partners and has made its first acquisition.
Tethys to gat additional US$1 million from OlisolFeb 9, 2016Tethys Petroleum Limited updates the previously announced US$15 million convertible debt facility with Olisol Petroleum Limited , a wholly owned subsidiary of Olisol Investments
Serinus Energy closes sale of Ukraine interestsFeb 9, 2016Serinus Energy Inc. has closed the sale of its interests in Ukraine to Resano Trading Ltd., an affiliate of the Burisma Group, a Ukraine entity actively involved in
ALMACO’s Modular Cabins for Statoil’s Johan Sverdrup platform at Apply LeirvikFeb 9, 2016Thanks to the 2015 framework agreement with Statoil, ALMACO Group was awarded the contract to build 450 NORSOK-compliant Modular Cabins for Statoil’s Johan Sverdrup fixed platform
Torchlight Energy to move next phase of drilling in Orogrande projectFeb 9, 2016Torchlight Energy Resources, Inc. says that the Orogrande Development Committee, consisting of members of the project operator, Torchlight Energy and consulting geologist Rich Masterson
Rosneft and Statoil commence well testing at the North-Komsomolskoye fieldFeb 9, 2016Rosneft and Statoil commenced testing of two production wells of highly viscous oil of the PK1 layer of the North-Komsomolskoye field.The companies are implementing pilot operation of the horizontal wells constructed using best practices related to inflow control and consolidation of entrained solids.
Husky Energy decides for short term hedging llanFeb 8, 2016Husky Energy has put in place a short term hedging plan for a portion of its oil production. Husky generally manages commodity price risk through its strong balance sheet
Siemens UK & Ireland joins forces with EFC GroupFeb 8, 2016Siemens UK & Ireland has formed a strategic partnership with oil and gas control system company, EFC Group, in a collaboration which promises to deliver innovative,
Atlantic Petroleum defaults on Chestnut fieldFeb 8, 2016P/F Atlantic Petroleum says that during the month of January, Atlantic Petroleum produced a net total of 23,000 barrels of oil equivalents (boe).
Faroe Petroleum reports good progress for 2015Feb 8, 2016Graham Stewart, Chief Executive of Faroe Petroleum says that 2015 was another year of growth and good progress for Faroe despite a backdrop of significantly lower commodity prices.
LINN Energy initiates process to explore strategic alternativesFeb 8, 2016US company LINN Energy has initiated a process to explore strategic alternatives to strengthen its balance sheet and maximize the value of the Company.
Schlumberger-Cameron merger receives unconditional clearance from European CommissionFeb 8, 2016Schlumberger Limited and Cameron International Corporation jointly declared that the European Commission has cleared their proposed merger without any conditions
Osage Exploration and Development files for bankruptcyFeb 8, 2016Osage Exploration and Development, Inc. says that on February 3, 2016, it filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the U.S.
Suncor Energy acquires 72.9% of Canadian Oil Sands sharesFeb 8, 2016Suncor says that approximately 72.9 per cent of Canadian Oil Sands shares (COS) equating to 353,307,264 common shares and accompanying rights have been tendered to Suncor's Offer.
CONSOL Energy adds 934 Bcfe of proved reserves in 2015Feb 8, 2016During 2015, CONSOL Energy Inc. added 934 Bcfe (net to CONSOL) of proved reserves through extensions and discoveries.
