Magnum Hunter Resources hires advisors to explore strategic alternativesOct 13, 2015Magnum Hunter Resources Corporation has hired PJT Partners LP (the combination of Blackstone's advisory businesses and PJT Capital LP, a global
VAALCO Energy provides update on operations offshore GabonOct 13, 2015VAALCO Energy, Inc. announced a re-sequencing update to its drilling and workover program offshore Gabon in the Etame Marin block.
Underwriters fall out with expert witness over valuation of fire-damaged vesselOct 13, 2015International Transport Intermediaries Club (ITIC) has reported a case in which hull & machinery insurance underwriters instituted proceedings against a marine
OPITO urges industry not to compromise on safety at sub $50 OilOct 13, 2015A global oil and gas skills and training body called on the industry not to cut corners on safety training and competence in the face of a much lower oil price.
88 Energy to delay spud of Icewine #1 wellOct 13, 201588 Energy Limited advises that the Oil Discharge Prevention and Contingency Plan ('Spill Plan') was approved on Friday 9 October. The Spill Plan was the
Sefton Resources announces update on proposed board changesOct 13, 2015The Board of Directors of Sefton has been informed that the prospective replacement Nominated Adviser introduced by the proposed new directors
Transerv Energy makes board changesOct 13, 2015Transerv Energy says that Mr Craig Burton and Mr Ian Cockerill have resigned as Directors of the Company and will be replaced by Mr Charles Morgan
OMV makes new gas discovery in the Latif block, PakistanOct 13, 2015OMV announces the discovery of gas in the Latif South-1 exploration well in the Latif exploration license. The presence of hydrocarbons was proven through wireline
MAN Diesel & Turbo appoints new Chief Sales OfficerOct 13, 2015In its meeting on October 7th the Supervisory Board of MAN Diesel & Turbo has appointed Wayne Jones as new Chief Sales Officer. The 49 year old manager
Fast-rising consultancy aims to be at the core of the energy efficiency revolutionOct 13, 2015As oi and gas companies rise to the challenge of reducing costs and increasing efficiency to cope with sub $50 oil, a small consultancy is offering solutions
Bilfinger appoints Mike Henderson as new directorOct 13, 2015Aberdeen-headquartered services contractor Bilfinger Salamis UK has strengthened its executive management team with the appointment of Mike Henderson
ACE Winches engineers one of the world¹s largest chain mooring systemOct 13, 2015ACE Winches has successfully delivered one of the world’s largest chain winch packages for Heerema Marine Contractors for its new Aegir vessel.
3sun Group recognised at RenewableUK Awards 2015Oct 13, 20153sun Group has won the Breakthrough category at this year’s RenewableUK Awards.The awards celebrate the work of businesses within the renewable energy sector and winners were
Algoryx Simulation to support further development of Kongsberg Maritime SimulatorsOct 13, 2015Kongsberg Maritime and Algoryx Simulation have entered a five year agreement, which supports Kongsberg Maritime’s continuing development of fidelity and
Industry takes the Decom initiative with sell-out conferenceOct 13, 2015The message is undoubtedly out there – whilst there is plenty of oil and gas that must be produced from the UKCS, decommissioning is climbing up and up
AlMansoori scoops prestigious Oil and Gas Middle East awardOct 13, 2015AlMansoori Specialized Engineering has scooped the HSE Initiative of the Year award at the prestigious Oil and Gas Middle East awards. The announcement
LGO Energy acquires 25% stake in BOLTOct 13, 2015LGO has completed the acquisition of a 25% stake in Beach Oilfield Limited with which LGO already holds an agreement to acquire the deep petroleum
Lamprell appoint new Chief Operating OfficerOct 13, 2015Lamprell announces the following change to the senior management of the Company. Mr Niall O'Connell has been promoted to the role of Chief Operating
Tethys Petroleum receives notice of withdrawal on Tajikistan interestsOct 13, 2015Tethys Petroleum Limited has not made the payment for the September cash call issued by the Bokhtar Operating Company in connection with Tethys' interest
Rosneft drills record-breaking well in VenezuelaOct 13, 2015Rosneft, as part of a PetroMiranda JV including PDVSA and Gazprom Neft, has drilled an unprecedented horizontal well GG1-14 at the Junin-6 block.
Ausdrill announces resignation of Chief Financial OfficerOct 13, 2015Ausdrill Limited advises that Mr José Martins, Chief Financial Officer, has resigned from the Company.
Ausdrill Chairman, Mr Terry O'Connor acknowledged Mr Martins' dedication and
Stonehaven Exploration enters Belly River participation agreementOct 13, 2015Stonehaven Exploration Ltd. has entered into a Farmout and Participation Agreement to initially drill up to 4 horizontal Belly River oil well prospects with
Statoil starts subsea gas compression- boosting Gullfaks recoveryOct 13, 2015Statoil with partners Petoro and OMV have started the world´s first wet gas compression on the seabed of the North Sea Gullfaks field.The unique technology will increase recovery by 22 million barrels of oil equivalent (oe) and extend plateau production by around two years from the Gullfaks South Brent reservoir.“We are very proud that we have been able to complete such a demanding pioneering project with start-up ahead of the original plan,” says Margareth Øvrum, executive vice president for Technology, Projects & Drilling (TPD).
Rex International appoints Svein Kjellesvik As Chief Operating OfficerOct 12, 2015Rex International Holding Limited has appointed oil veteran Mr Svein Kjellesvik as its new Chief Operating Officer. Mr Kjellesvik is a geophysicist with four decades of experience in the oil industry.
