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PDO Invites Firms to Unlock Potential of Habhab Heavy Oilfield
OM >>  1/18/2017 - Majority state-owned Petroleum Development Oman (PDO) is looking to partner with international oil and gas companies in harnessing the prodigious hydrocarbon potential of its Habhab oilfield – a large...

GeoPark Announces New Exploration Discovery In Colombia
CO >>  2/2/2017 - GeoPark Limited (GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru, annou...

Latin America Oil Supply - January 2017
BR >>  2/2/2017 - Oil supply from Latin America is predicted to increase by 0.21 mb/d, to average 5.33 mb/d in 2017, despite declining in 2016. Brazil’s liquids supply is estimated to average 3.15 mb/d in 2016, an incr...

Sparrows Group Seals Crane Management Contract at New North Sea Field
UK >>  1/23/2017 - Sparrows Group has built upon our recent success in securing work on newly developed fields with a contract to provide crane management services at the Kraken Field in the UK North Sea. ...

Baytex Energy Closes Peace River Acquisition
CA >>  1/20/2017 - Baytex Energy Corp. (Baytex) announces the closing of its previously announced acquisition of heavy oil assets located in the Peace River area of northern Alberta. Cash consideration for the acquisiti...

World Oil Supply - January 2017
AT >>  1/18/2017 - Preliminary data indicates that the world’s oil supply decreased in December by 0.30 mb/d m-o-m to average 96.92 mb/d, but higher by 0.71 mb/d, y-o-y. ...

Operations at Venezuelan Oil Terminal Halted by Spill
VE >>  1/17/2017 - Shipping operations at one of three docks of Venezuela's main crude exporting port were halted after an oil spill occurred while loading a vessel bound for India, union and shipping sources told Reute...

Kuwait to Start Heavy Oil Production by 2018
KW >>  12/7/2016 - Heavy oil production will begin in the end of the year 2018 with roughly 10 to 15 thousand barrels per day at Ratqa refinery, Chief Executive Officer (CEO) of Kuwait Oil Company (KOC) Jamal Jaafar sai...

Colombia Asset Acquisition
CO >>  12/20/2016 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to provide an update on corporate activities in Colombia. ...

World Oil Supply - December 2016
AT >>  12/14/2016 - Preliminary data indicates that global oil supply increased by 0.53 mb/d m-o-m to average 96.84 mb/d in November. Non-OPEC oil supply is estimated to average 56.20 mb/d in 2016, a contraction of 0.78 ...

SPE International Heavy Oil Conference & Exhibition
KW >>  12/7/2016 - The third edition of the SPE Heavy Oil Conference and Exhibition taking place at the Hilton Kuwait Resort welcomed 781 delegates from 128 companies and 28 countries on its opening day. The three-day c...

CB&I Announces Award for Delayed Coker Unit
UK >>  12/1/2016 - CB&I (CBI) has been awarded a contract by Naftna Industrija Srbije (NIS) for the engineering, procurement and construction management of a delayed coker unit in Pancevo, Serbia. CB&I previously announ...

Statoil Starts Production Drilling on Mariner Field
UK >>  12/2/2016 - Production drilling has started on the Statoil operated Mariner field in the UK North Sea. Up to five wells will be drilled before the Mariner A platform hook up and commissioning activity starts next...

Nostra Terra Completed Acquisition of 80% in Pine Mills Field
US >>  11/29/2016 - Nostra Terra (NTOG) is pleased to announce the acquisition of an 80% Working Interest in certain oil and gas interests comprising the Pine Mills oil field (Pine Mills) and associated assets in Wood Co...


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