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Company News
Long Run Exploration amendments to proposed private placementNov 10, 2015Long Run Exploration Ltd. says that due to current market conditions, Long Run has amended the terms of its previously announced private placement with Maple Marathon Investments Limited
Range Resources Limited announces arrival of new rigsNov 10, 2015Range is pleased to advise that the second development well of the 22 well programme, the GY 180SE well spudded on 4 November 2015 and is drilling
Roxi Petroleum spuds Deep Well A6 at flagship BNG assetNov 10, 2015Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset.
Bangchak named ACES' "Most Socially Responsible Company of the Year"Nov 10, 2015The Bangchak Petroleum Public Company Limited was awarded the "Most Socially Responsible Company of the Year Award" at the Asia Corporate Excellence
Coretrax strengthen Middle East offering with Kuwait officeNov 10, 2015Aberdeen based Coretrax has launched its fifth Middle East base, within four years, in the Al Rai area of Kuwait.
Canadian Natural Resources and PrairieSky Royalty announce combinationNov 10, 2015Canadian Natural Resources Limited and PrairieSky Royalty Ltd. have entered into an agreement to combine their royalty businesses, unifying two of the
New features at 9th IPTC to boost petroleum industry insightsNov 10, 2015For the first time, the 9th International Petroleum Technology Conference (IPTC) to be held later this year will include a range of exciting new features,
AGR to deliver well and drilling operations for GDF SUEZ E&P NorgeNov 10, 2015AGR has been awarded an agreement with operator GDF SUEZ E&P Norge to deliver well construction and drilling operations for the Cara Well in license area PL636 in the Norwegian North Sea.The planning phase for the project is already underway and drilling is planned for Q3 of 2016, and is expected to last 53 days. The operational phase may be extended with an optional drill stem test which is part of the Scope of Work.
Natasha Shah named President and Chairwoman of NAESCONov 9, 2015The National Associate of Energy Service Companies (NAESCO) recently named Natasha Shah, Vice President of Southland Energy, as the President and Chairwoman
Enbridge Income Fund announces resignation of Dr. Elizabeth from Board of DirectorsNov 9, 2015Enbridge Income Fund Holdings Inc. announced the resignation of Dr. Elizabeth Cannon from its Board of Directors.
PG&E Corporation appoints Jason P. Wells SVP & CFONov 9, 2015PG&E Corporation has appointed Jason P. Wells as Senior Vice President and Chief Financial Officer, effective January 1, 2016. Wells will succeed Kent Harvey, who is retiring in the first half
Siemens receives top marks in world’s largest climate-protection rankingNov 9, 2015For the first time, Siemens has achieved the highest possible score in the Carbon Disclosure Project (CDP), the world’s largest climate-protection survey.
Songa Offshore SE provides October fleet updateNov 9, 2015Songa Dee achieved an operational efficiency of 100% and an earnings efficiency of 99% working for Statoil in Norway. Songa Delta achieved an operational
Minesto CEO Anders Jansson upon COP21Nov 9, 2015Minesto CEO Anders Jansson upon COP21:“Marine energy can become an important export business for many countries”
Statoil ASA reduced equity share at Agbami following redeterminationNov 9, 2015Statoil has received an Expert calculation of revised tract participations for the Agbami field in Nigeria. Assuming implementation, this calculation will result in a reduction
Eni makes a new discovery offshore CongoNov 9, 2015Eni made a new discovery of gas and condensates offshore Congo, in the exploration prospect of Nkala Marine, located in Marine XII block, about 20 kilometers from the coast
Williams received FERC approval to expand gas pipeline capacity to Cheniere at Sabine PassNov 9, 2015Williams and Williams Partners L.P. announced that the Federal Energy Regulatory Commission (FERC) has approved an application for Gulf Trace, a 1.2 million dekatherm
INPEX operated Ichthys LNG project completes offshore pipelayNov 9, 2015INPEX CORPORATION (INPEX) says the INPEX- operated Ichthys LNG Project safely completed the offshore pipelay for its 890 -kilometer, 42-inch diameter gas export
Heerema Innovation Center openedNov 9, 2015Under the watchful eye of many invited guests, Caroline Heerema officially opened the Heerema Innovation Center. This center is located near the headquarters of Heerema Fabrication Group (HFG) in Zwijndrecht and symbolizes the course that HFG wants to sail: working even faster and more efficiently in order to be and remain the leading engineering and fabrication contractor for complex offshore structures, now and in the future.
Innovation is one of the three spearheads in HFG’s strategy: “Only by offering added value to our clients can we continue to be competitive and profitable,” says Koos-Jan van Brouwershaven, CEO of HFG. In addition, HFG wants to use innovation to bind young specialist employees to the company. “That will help us to safeguard our future.” The first project of the Heerema Innovation Center is the welding robot, which has been developed by Valk Welding together with HFG. “This robot does not replace our welders; it complements them. A welding robot will also be installed in our company training school where our welders will learn to work with it. Welders are almost always in short supply. The welding robot enables them to concentrate on the more challenging tasks, while the welding robot can be used for other work.” The first welding robot has two welding arms and operates very precisely. The colossal device weighs 50 tons, and unfortunately can’t really climb yet. That will be the next challenge for the Innovation Center where more welding robots will be developed. Van Brouwershaven sees many more opportunities for the Innovation Center. “Using the latest 3D and gaming technology, but also smart data processing, we can achieve a lot more.”
Baker Hughes announces October 2015 rig countsNov 9, 2015Baker Hughes Incorporated announced that the international rig count for October 2015 was 1,111, down 29 from the 1,140 counted in September 2015, and down 197 from the
Petrolia Inc. closes an investment in the amount of $5.24 millionNov 9, 2015Pétrolia Inc. has closed the investment initially announced on September 1, 2015, in the total amount of $5,150,000, constituting the first phase of financing
KFG completes Drouet Pool Estate #1 wellNov 9, 2015KFG Resources Ltd President, Robert A. Kadane reported that the Company's subsidiary, KFG Petroleum Corporation, and its partners have completed
Shell launches Quest carbon capture and storage projectNov 9, 2015Shell celebrated the official opening of the Quest carbon capture and storage (CCS) project in Alberta, Canada, and the start of commercial operations there.
NPD grants start-up consents for Edvard Grieg and Utsira High pipelinesNov 9, 2015The Norwegian Petroleum Directorate has granted start-up consents for the Edvard Grieg oil pipeline and the Utsira High gas pipeline. These transport
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