Bahamas Petroleum speaks on new Petroleum BillJan 14, 2016Bahamas Petroleum Company says that the Bahamian House of Assembly passed a new Petroleum Bill and associated Regulations and a Sovereign Wealth Bill in December 2015.
Gran Tierra completes the acquisition of PetroamericaJan 14, 2016Gran Tierra Energy Inc. has completed the acquisition of all of the issued and outstanding common shares of Petroamerica (Petroamerica Shares) (being 108,888,215 Petroamerica Shares)
Buru Energy confirms oil find at Ungani Far West 1 WellJan 14, 2016Buru Energy Ltd. says that since the last progress report, the logging and sampling program has been completed and the well was then drilled ahead to the interpreted top of the Ungani Dolomite
Petrobras reports adjustments to the 2015-2019 business and management planJan 14, 2016Petrobras says that its Board of Directors has approved certain adjustments to the 2015-2019 Business and Management Plan (2015-2019 BMP).
Halliburton and Baker Hughes respond to European Commission actionJan 14, 2016Halliburton Company and Baker Hughes Incorporated noted the decision by the European Commission (the “Commission”) to initiate a Phase II review of Halliburton’s pending acquisition
Premier Oil agrees to acquire all of E.ON’s UK North Sea assetsJan 14, 2016Premier Oil has agreed to acquire the whole of E.ON’s UK North Sea assets for a net consideration of $120 million plus working capital adjustments. The proposed acquisition, which will be funded from existing cash resources, adds immediate cash generative production, realises tax synergies on Premier’s current c.$3.5bn UK tax loss position and is accretive to lending covenants.
NOVATEK releases preliminary operating data for the fourth quarter and full year 2015Jan 14, 2016OAO NOVATEK reported preliminary operating data for the fourth quarter and full year 2015. In the fourth quarter 2015, NOVATEK's marketable production totaled
Aminex secures milestone gas sales agreementJan 14, 2016Aminex has executed a fully-termed Gas Sales Agreement with the Tanzania Petroleum Development Corporation for its Kiliwani North gas field, which moves the Company into its
TWMA shortlisted for Offshore Achievement Awards 2016Jan 14, 2016Global integrated drilling waste management and environmental services firm, TWMA, has been shortlisted in the Export Achievement category at this year’s Offshore Achievement Awards.
The Underwater Centre to deliver new ROV training courseJan 14, 2016The award-winning subsea training and testing facility, The Underwater Centre, has added the FMC Schilling TITAN 4 syllabus to its current ROV training suite.
New business drives NAVTOR expansion in SingaporeJan 14, 2016NAVTOR is continuing to build its business footprint beyond Europe, as the Norwegian firm is expanding its new Singapore office. The base, which only opened in December 2014, has
User Group for Offshore Fire Protection declares 2016 ConferenceJan 14, 2016PFPNet will be launched in 2016 with a technical conference dedicated to the subject of PFP in the hydrocarbon industries. This conference will be held in Manchester, UK on the 7th
Finalists declared for the 2016 Offshore Achievement AwardsJan 13, 2016With approximately 100 entries received this year, a record since the awards were re-launched in 2011 by the Society of Petroleum Engineers (SPE) Aberdeen Section.
Ocean Signal appoints Ocean Safety as Exclusive UK DistributorJan 13, 2016Ocean Signal’s innovative range of safety products is presented by new distributor for the first time at London Boat Show.
Drillsearch cased and suspended Bauer-24 and Bauer-25 as future production wellsJan 13, 2016Drillsearch Energy Ltd. says that the Ex-PEL 91 joint venture (Drillsearch 60 percent, Beach 40 percent and Operator) commenced the two-well Bauer appraisal program during December,
Senex expects good results from Ethereal-1 drillingJan 13, 2016Senex Energy Ltd. reveals that the Ethereal-1 well is the second of two wells to be drilled in the southern Cooper Basin as part of Senex’s gas exploration program with Origin Energy.
Maersk Oil awards Peterson five-year integrated logistics contractJan 13, 2016International energy logistics provider Peterson has secured a significant long term logistics contract with leading oil and gas operator Maersk Oil. The five year deal enables greater focus
Emerald Oil closes sale of certain non-operated assetsJan 13, 2016Emerald Oil, Inc. and two of its wholly owned subsidiaries closed the sale of a portion of the Company's undeveloped leaseholds in Montana and North Dakota, consisting of approximately
NOPSEMA releases seismic survey environment plan assessment for the Great Australian BightJan 13, 2016Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) concluded its staged release of documents relating to Bight Petroleum’s
CIS Group completes second installation on Southern North Sea gas developmentJan 13, 2016Conductor Installation Services Ltd (CIS), an Acteon company that provides hammer services to install conductors and drive piles, has successfully completed its second conductor installation
Plains All American to purchase approximately $1.5 billion of equity capitalJan 13, 2016Plains All American Pipeline, L.P. has received binding commitments for the purchase of approximately $1.5 billion of equity capital. The purchasers will acquire approximately 56 million
Trican Well Service in negotiations for sale of its United States pressure pumping businessJan 13, 2016Trican Well Service Ltd. is in negotiations with Keane Group, a privately-held, U.S. based well completion services company for the sale of Trican's United States pressure pumping business.
Gastar releases updated production data from Deep River 30-1H wellJan 13, 2016Gastar Exploration Inc. provided updated production data from its Deep River 30-1H well, its first operated test of the STACK formation Meramec Shale play in Kingfisher County,
Bellatrix Exploration declares first half 2016 capital budgetJan 13, 2016Bellatrix Exploration Ltd. declared strong preliminary 2015 operational results and a focused first half 2016 capital budget of $46 million. Building on the operational successes from 2015,
