Wintershall signs three-year contract with Kongsberg for well construction solutionJan 7, 2016Kongsberg Oil & Gas Technologies AS (KONGSBERG) has been awarded a 3-year contract by Wintershall Holding GmbH for provision of its hosted SiteCom® real-time data aggregation
Vermillion Energy declares 2016 budgetJan 7, 2016Vermilion Energy Inc. discloses that its Board of Directors has approved an exploration and development capital budget for 2016 of $285 million.
Jericho Oil completes $6.929 million financingJan 7, 2016Jericho Oil Corporation has closed its non-brokered private placement of 17,323,610 units at $0.40 per Unit for gross proceeds of $6.929 million.
Petrolia completes successful cleanup operations at Haldimand 4Jan 7, 2016Pétrolia has completed well cleanup operations at Haldimand 4 and have led to a significant improvement in well production. These operations have been performed without any
Perisson Petroleum initiates strategic financingJan 7, 2016Perisson Petroleum Corporation says that after several months of discussions and due diligence, it has entered into a long term relationship with a new strategic investor group.
Aker Solutions and Lloyd’s Register sign framework agreementJan 7, 2016With this new global framework agreement in place, Norwegian oil services company Aker Solutions can further improve efficiency and uphold their position as forerunner in advanced technologies for the offshore oil and gas industry. Commenting on the achievement, Lead Group Category Manager, Gaute Fardal from Aker Solutions, said: “We are pleased to have Lloyd’s Register on board as a new Group Frame Agreement supplier to Aker Solutions. Our expectations to the agreement are highly competitive priced services and further enhanced efficiency in our processes and product solutions.”
Cape forms JV with OLIO Resources to serve the Malaysian marketJan 7, 2016Cape plc has formed a Joint Venture company with OLIO Resources Sdn Bhd, to bring together the capacity, experience and skills of both organisations in order to serve the
Rockhopper Exploration updates Ombrina Mare projectJan 7, 2016Rockhopper Exploration plc provides the following update on the status of the Ombrina Mare project offshore Italy.
Samson Oil & Gas to acquire Williston Basin propertiesJan 7, 2016Samson Oil and Gas USA Inc has entered into a contract to acquire a parcel of oil and gas leases, producing oil and gas wells, currently shut-in wells and associated facilities
San Leon completes drilling of Rawicz-15 wellJan 7, 2016San Leon Energy has successfully drilled the Rawicz-15 well to a total depth of 1580m MDBRT, and a completion has been run in preparation for well testing.
Brightoil Petroleum commences production at Tuzi Luoke gas field 102 platformJan 7, 2016Brightoil Petroleum reveals that the 5 wells of the Tuzi Luoke gas field 102 platform, which is jointly developed by the Company and China National Petroleum Corporation, were put
Tlou Energy extended leave of Managing Director and CEOJan 7, 2016Tlou advises that Managing Director and Chief Executive Officer Mr Anthony Gilby will, with immediate effect, take extended leave due to illness. The term of this leave is undetermined
Ithaca Energy appoints Chief Commercial OfficerJan 6, 2016Ithaca Energy Inc. has appointed Dr Richard Smith as Chief Commercial Officer, effective 1 January 2016. In accordance with the Company's existing Stock Option Plan,
Cathelco secures trio of orders for ICCP systems on FPSOsJan 6, 2016Cathelco have won orders to supply hull corrosion protection systems for three FPSOs. Two of the systems are being supplied to MODEC, whilst the third will be installed by
Valeura Energy confirms natural gas discovery in first Banarli exploration wellJan 6, 2016Valeura Energy Inc. confirms a natural gas discovery in its first exploration well Bati Gurgen-1 on its 100% owned and operated Banarli licences in the Thrace Basin of Turkey,
Patterson-UTI issues drilling activity report for December 2015Jan 6, 2016PATTERSON-UTI ENERGY, INC. reported that for the month of December 2015, the Company had an average of 82 drilling rigs operating in the United States and one rig in
RH Petrogas assumes operatorship of the Basin PSC in IndonesiaJan 6, 2016RH Petrogas Limited says that its wholly owned subsidiary Petrogas (Basin) Ltd. (PBL) has assumed the rights to operate the Kepala Burung Production Sharing Contract
Eland Oil & Gas makes changes to its Board of DirectorsJan 6, 2016Eland Oil & Gas PLC has made several changes to its Board of Directors. With effect from 31 December 2015, Henry 'Harry' Wilson retired from his role as Chairman of the
Azinor Catalyst to acquire 100% working interest in UKCS Licence P.1989Jan 6, 2016Azinor Catalyst has signed an agreement to acquire a 100% working interest in UKCS Licence P.1989, containing Blocks 14/11, 14/12 & 14/16, from Norwegian Energy
Africa Hydrocarbons makes management changeJan 6, 2016Africa Hydrocarbons Inc. has appointed Ms. Kari Wilkie as contract Chief Financial Officer 'CFO', effective Jan 01, 2016.
Abilene Oil and Gas says CKU wells ready for testingJan 6, 2016Abilene Oil and Gas Limited has been advised by the joint venture operator of the Central Kansas Uplift Project, CMX Inc, that the Bushton #1-30 well has been successful
Finalists declared for annual British subsea awardsJan 6, 2016Aker Solutions, N-Sea and Saab are in contention for the Subsea Company of the Year award at this year’s Subsea UK Awards, held during Subsea Expo – Europe’s largest
Crew Energy approves 2016 capital expenditure programJan 6, 2016Crew Energy Inc. has approved a 2016 capital expenditure program of $74 million structured to preserve balance sheet strength, optimize production throughput to enhance
Tourmaline further reduces the 1H 2016 capital spending programJan 6, 2016Tourmaline Oil Corp. has further reduced the 1H 2016 capital spending program. The Company is in a fully-funded position from cash flow for 2016 and 2017 capital programs.
