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Company News
AWE's CEO and Managing Director to step downOct 12, 2015In line with AWE's succession planning strategy, the Managing Director and Chief Executive Officer, Mr Bruce Clement, will step down during 2016 after five
Genie Energy confirms significant hydrocarbon discovery in IsraelOct 12, 2015Genie Energy says that, consistent with its prior public statements and disclosures, preliminary evidence from the exploratory wells drilled by its Afek subsidiary
President Energy provies update on Paraguay prospective reservesOct 12, 2015President announces significant new Prospective Resources from the completion of the processing and interpretation of the newly acquired seismic data over
DSL MENA expands Middle East operations with new facilityOct 12, 2015DSL MENA expands operation capability with a new facility in Hamriyah UAE, with quayside access providing direct access to the Arabian Gulf.
NOVATEK reports preliminary operating data for the third quarter and nine months 2015Oct 12, 2015OAO NOVATEK reported preliminary operating data for the third quarter and nine months 2015.In the third quarter 2015, NOVATEK's marketable production totaled 17.06 billion cubic meters of natural
Chief Financial Officer of Connacher Oil and Gas retiresOct 12, 2015Connacher Oil and Gas Limited says that Greg Pollard will retire as Chief Financial Officer of Connacher effective November 15, 2015. The Company
Saipem awarded new E&C offshore contracts exceeding 600 million euroOct 12, 2015Saipem has been awarded new E&C offshore contracts cumulatively valued at more than 600 million euro. Among the most significant initiatives are:
Petrofac terminates construction vessel building contract with ZPMCOct 12, 2015Petrofac says that due to issues with ZPMC’s performance in respect of the construction of the proprietary design Petrofac JSD 6000 deepwater multi-purpose
Lundin Petroleum sells its Indonesian businessOct 12, 2015Lundin Petroleum has signed a sale and purchase agreement (SPA) with PT Medco Energi Internasional TBK (Medco), to sell its oil and gas assets in Indonesia.
Buru Energy updates on drilling at Victory 1 well in Western AustraliaOct 12, 2015Buru Energy Limited provided the following weekly update on drilling operations at the Victory 1 well in EP 457 in Western Australia as at 06:00hrs, Oct. 8 (AWST).
Tullow Oil reaches agreement with Gabon government over Onal Complex fields licencesOct 12, 2015Tullow Oil plc has reached agreement with the Government of Gabon over its licences in the Onal Complex Fields. Following negotiations, Tullow has regained
Teekay Corporation makes senior management changeOct 12, 2015Teekay Corporation says that long-time Teekay leader David Glendinning, President, Teekay Gas Services, has decided to retire, as of December 17, 2015,
Jacobs announces move to new global leadership structureOct 12, 2015Jacobs Engineering Group Inc. says that it will move to a new leadership structure organized around four global lines of business. These changes are
Chevron's Taro Special HT 100 gains NOL for Wärtsilä enginesOct 12, 2015Chevron Marine Lubricants’ 100BN cylinder oil, Taro Special HT 100, offers ship owners the ability to meet the latest emissions standards, and has now received
Mart denies sale of company and continues to evaluate strategic alternativesOct 12, 2015Mart Resources, Inc. says that, in response to recent reports contained in the Nigerian press, it has not entered into a definitive agreement or transaction regarding
Northcote provides update on participation in Mexican onshore field bid roundOct 12, 2015Northcote is pleased to provide an update on the progress it has made in Mexico with regards to the due diligence it has been undertaking in contemplation
Ocean Rig UDW Inc. provides fleet updateOct 12, 2015Ocean Rig UDW Inc. announced the following fleet update: The Ocean Rig Olympia has successfully started its new contract in Angola as of August 15, 2015. The rig is expected to
Clough acquires Canadian Engineering CompanyOct 12, 2015Murray & Roberts owned engineering and project services company Clough Limited (Clough) announced the acquisition of Enercore Projects Limited (Enercore),
Eni Award 2015Oct 12, 2015The 2015 Eni Award ceremony was held at the Quirinale, in the presence of Italian President, Sergio Mattarella, Eni chair, Emma Marcegaglia and chief executive
Oceans of Knowledge - exploring the benefits of improved ocean observation and predictionOct 12, 2015Oceans of Knowledge, an event exploring the latest developments in operational ocean observation and prediction, will be hosted by the Institute of Marine
McDermott International wins EPCI project for four jackets Offshore QatarOct 12, 2015McDermott International, Inc. has been awarded a sizeable brownfield project by Qatar Petroleum for the engineering, procurement, construction and installation (EPCI) of four wellhead jackets.
Installation of two jackets in the Bul-Hanine field offshore east of Doha has been scheduled to be completed by December 2016 with the remaining two scheduled for completion in July 2017. The total weight of all four structures combined is 3,495 tons.
Circle Oil makes new board appointmentOct 9, 2015Circle Oil has appointed Mark Eric Williams (42) to the Board of Directors as the nominee of KGL Investment Group, following the resignation of Mohamad Sultan.
Frontera Resources upgrades gas potential in Georgia operationsOct 9, 2015Frontera Resources Corporation provided an announcement of a significant upgrade to gas resources associated with its ongoing exploration and production
Encana Corporation reaches agreement to sell DJ Basin assets for $900 millionOct 9, 2015Encana Corporation’s wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its Denver Julesburg (DJ) Basin assets in
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