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Company News
Premier Oil sells Norwegian business for $120 millionNov 17, 2015Premier has agreed to sell Premier Oil Norge AS which comprises all its Norwegian assets, to Det norske oljeselskap ASA for a cash consideration of $120 million.
Trinity Exploration provides operational and strategic updateNov 17, 2015Trinity, an independent E&P company focused on Trinidad and Tobago, provides an update on its operations and financials for the year to September 2015 as well as details
JKX Oil & Gas awarded Hungarian production licencesNov 17, 2015JKX Oil & Gas has been granted three 35-year production licences covering an area of approximately 75 sq km within its former Hernad I & II exploration licence areas in north-eastern Hungary.
Baker Hughes announces weekly rig countsNov 17, 2015Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -4 to 767 rigs
Rose Petroleum updates Uinta Basin and Paradox Basin farm-inNov 17, 2015Rose Petroleum has made the final payment of US$500,000 to Rockies Standard Oil Company regarding the acquisition of a 75% working interest in acreage in the Uinta Basin and Paradox Basin,
Warren Resources appoints President and CEONov 17, 2015Warren Resources, Inc. says that, effective immediately, the Board of Directors has appointed James A. Watt as President and Chief Executive Officer of the Company.
MDU Resources names new General CounselNov 17, 2015MDU Resources Group, Inc. says that Daniel S. Kuntz has been named general counsel and secretary, effective Jan. 9. He succeeds Paul K. Sandness, who is retiring Jan. 8.
Ensco names Jon Baksht as new Chief Financial OfficerNov 17, 2015Ensco plc says that Jon Baksht has been named chief financial officer. He will be based in London and succeeds Jay Swent, who is retiring effective at year end.
Petrofac awarded Fadhili contractNov 17, 2015Petrofac has been awarded a contract by Saudi Aramco to undertake the engineering, procurement and construction (EPC) of a sulphur recovery plant as part
SacOil commences drilling operations at Lagia oil fieldNov 17, 2015SacOil, through its subsidiary Mena International Petroleum Company Limited ('Mena'), has commenced drilling of the Lagia 11 well on 13 November 2015, at its 100% owned
Rockhopper Exploration achieves first gas at CivitaNov 17, 2015Rockhopper Exploration is pleased to announce that first gas production into the network from the Civita gas field, located onshore Italy in the Abruzzo Region, commenced
Unique Group acquires Aberdeen marine survey equipment firm GSE RentalsNov 17, 2015Unique Group has acquired GSE Rentals (Geophysical Survey Equipment) a rental company of high quality geophysical, hydrographic and oceanographic marine survey equipment.
The Switch launches FPC+, its new utility-grade full-power converterNov 17, 2015The Switch has launched its new generation, full-power converter (FPC) for utility-grade electricity production. The FPC+ concept builds on the company’s experience from its
Highlands Natural Resources acquires leasehold interestNov 17, 2015Highlands Natural Resources is pleased to announce that in line with its strategy to capitalise on the current oil price environment to acquire assets at a low cost, it has acquired
NPD gives green light for production start-up on Edvard GriegNov 17, 2015The Norwegian Petroleum Directorate (NPD) has granted consent to start production on the Lundin Norway-operated Edvard Grieg field in production licence 338 in the North Sea. Production start-up is scheduled in accordance with the Plan for Development and Operation (PDO). Development costs have increased slightly, but the increase is within the uncertainty range of plus/minus 20 per cent in the PDO investment projections.
Dryad Maritime releases Mediterranean Special AdvisoryNov 16, 2015Dryad Maritime releases their Mediterranean Special Advisory, an in depth report, looking at the complex threats currently facing commercial shipping in the Mediterranean Sea.
ExxonMobil announces retirement of Ken CohenNov 16, 2015Ken Cohen, vice president, Public and Government Affairs, Exxon Mobil Corporation, has announced his intention to retire effective Jan. 1, 2016, after more than 38 years of service.
Planning application lodged for barite mine in ScotlandNov 16, 2015A planning application to develop a world class barite resource at Duntanlich, north of Aberfeldy, has been lodged with Perth & Kinross Council on 13th November by oilfield services
Launch of the IEA's India Energy OutlookNov 16, 2015India is set for a period of rapid, sustained growth in energy demand: how could this re-shape the energy scene?
Caspian provides update regarding Aral Petroleum CapitalNov 16, 2015Caspian Energy Inc. says that its wholly-owned subsidiary, Aral Petroleum Capital LLP (Aral), has produced positive results after completing a period of test production
RH Petrogas provides drill program for fourth quarterNov 16, 2015The Board of Directors of RH Petrogas Limited, the ultimate holding company of Kingworld Resources Limited (KRL), wishes to provide the following update on the project undertaken
BP awards FleetCor long term contractNov 16, 2015FleetCor Technologies says that BP Products North America Inc. has extended its contract with FleetCor to provide commercial fleet card processing and program
Gas senate inquiry a wasteful stuntNov 16, 2015The Australian Petroleum Production and Exploration Association says that Australia does not need another politically motivated and costly federal parliamentary inquiry
88 Energy provides drilling update on Icewine-1Nov 16, 201588 Energy Limited is pleased to provide the following drilling update. As at 12th November 2015 13:50 (AK time), Kuukpik Rig 5 had drilled to 6,258' and is currently drilling ahead.
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