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Providence Resources Completes Farm-Out of LO 16/27 to TOTAL
Ireland >> 10/18/2017 - Providence Resources P.l.c., the Irish based Oil and Gas Exploration Company, provides an update on Licensing Option (LO) 16/27. Providence is pleased to confirm that the agreed farm-in by TOTAL E&P I...
Guy Elliott Steps Down as Non-Executive Director of Shell
Netherlands/Holland >> 10/18/2017 - Royal Dutch Shell plc announces that Guy Elliott has stood down as a Non-executive Director of the Company with immediate effect. ...
Statoil’s Share Saving Plan Allocates Shares
Norway >> 10/18/2017 - The shares purchased by DNB on behalf of Statoil ASA on 13 October 2017 for use in the group's Share Saving Plan have on 18 October 2017 been distributed to the employees in accordance with their savi...
Subsea 7 Agreement to Acquire Normand Oceanic
Norway >> 10/18/2017 - Subsea 7 S.A. (the Group) announced an agreement to acquire the remaining 50% shareholdings in its equity accounted joint ventures, Normand Oceanic AS and Normand Oceanic Chartering AS, from Solstad F...
World’s First Floating Wind Farm has Started Production
Scotland >> 10/18/2017 - Hywind Scotland, the first floating wind farm in the world, has started to deliver electricity to the Scottish grid. Today the First Minister of Scotland, Nicola Sturgeon, officially opens the wind fa...
IOG Signs LOI for Blythe Hub & Vulcan Satellites Hub Development
United Kingdom >> 10/18/2017 - Independent Oil and Gas plc (IOG), the development and production focused Oil and Gas Company, has signed a Letter of Intent (LOI) with Offshore Design Engineering Limited (ODE) to perform several key...
Saffron Energy Awarded Sant' Alberto Production Concession
Italy >> 10/17/2017 - Saffron Energy, the AIM quoted European natural gas company, has been awarded a Production Concession for its Sant' Alberto gas field from the Italian Ministry of Economic Development. ...
Audit of Materials Handling on the Ula Field
Norway >> 10/17/2017 - From 22 to 25 August 2017, we carried out an audit of Aker BP's arrangements for materials handling and crane and lifting operations on the Ula field. ...
PSA Conducts Audit of Waves on Deck at Veslefrikk B
Norway >> 10/17/2017 - On 31 August 2017, we carried out an audit of Statoil Petroleum AS (Statoil) and waves on deck at Veslefrikk B. ...
PSA Conducts Audit of Participants' Handling of ICT Security
Norway >> 10/17/2017 - From 2 May to 16 June 2017, we conducted an audit of the participants' handling of ICT security. The audit was directed at operators with fields and plant in operation and owners with facilities in po...
Balance of Supply and Demand in 2018 - October 2017
Balance of Supply and Demand in 2018 - October 2017 Austria >> 10/16/2017 - OPEC crude for 2018 was revived up by more than 0.2 mb/d from the previous month to 33.1 mb/d representing an increase of 0.3 mb/d over 2017. ...
SAIPEM Introducing the Division XSIGHT by Saipem
Italy >> 10/16/2017 - The High Value Services division, established with the company reorganisation launched in May of this year, has taken on its definitive name: XSIGHT by Saipem. This new name and logo marks the conclus...
Fugro Nominates Oystein Loseth as Member of the Board & CEO
Netherlands/Holland >> 10/16/2017 - Fugro’s current CEO, Paul van Riel, will retire as planned at the end of his term at the Annual General Meeting on 26 April 2018. The Supervisory Board of Fugro has decided to nominate Mr. Oystein Los...
Bigroll Will Continue as Part of Roll Group
Netherlands/Holland >> 10/16/2017 - BigRoll will continue their high-quality services as part of Roll Group. With the merger of the BigRoll organization, Roll Group will expand their state of the art fleet with of two module carriers in...
Statoil Receives Consent to Drill Exploration Well 30/8-5
Norway >> 10/16/2017 - Statoil Petroleum AS (Statoil) is the operator for production licence 190 in the North Sea. We have given the company consent to drill exploration well 30/8-5. Drilling is planned to begin in November...
Statoil Receives Consent to Use Songa Endurance
Norway >> 10/16/2017 - Statoil Petroleum AS (Statoil) has received consent to use the Songa Endurance mobile drilling facility for drilling and completion on the Troll field. Drilling is scheduled to begin in mid-October 20...
NU-Oil and Gas Wins Best Performing Stock at AIM Awards 2017
United Kingdom >> 10/16/2017 - NU-Oil and Gas plc was awarded Best Performing Share at the recent AIM Awards 2017. Best Performing Share is a factual award based on share price performance over the period of assessment, being 1 Aug...
Value Engineering Application in Asset Life Assessment
United Kingdom >> 10/16/2017 - EPConsult Energies (EPEn) recently completed a Value Engineering Study for a project where asset life, life extension and obsolescence were critical subjects. This involved applying the Value Engineer...
BP Midstream Partners LP Launches Initial Public Offering
United Kingdom >> 10/16/2017 - BP Midstream Partners LP (“BP Midstream Partners” or the “Partnership”), a limited partnership formed by an indirect, wholly-owned subsidiary of BP p.l.c., has commenced the initial public offering of...
Tekmar Energy Secures API 17L Independent Certification
United Kingdom >> 10/15/2017 - Tekmar Energy has recently achieved independent approval for the design and manufacture of its PU bend restrictors for compliance to the American Petroleum Institute’s (API) 17L1 & 17L2 specification ...
Wartsila Makes Viking Princess the World’s First Offshore Vessel
Norway >> 10/13/2017 - The technology group Wartsila reached a new milestone in the battery technology development as the company completed the installation of a hybrid energy system on board Viking Princess. The Norwegian ...
Sirius Shipping Invests in Onboard Online Monitoring
Sweden >> 10/13/2017 - With ten vessels in its fleet, Sirius Shipping transports liquid media such as oil and chemicals to ports in Northern Europe. Its destinations are mainly in Denmark, Norway, Finland and Sweden. Delive...
Angus Energy Completes Drilling of Lidsey-X2
United Kingdom >> 10/13/2017 - Angus Energy has successfully completed the drilling of the Lidsey-X2 production well. The Company will produce from a “net oil pay” section of 443 metres (m) from the Great Oolite limestone reservoir...
Genel Energy Appoints New Chief Operating Officer
United Kingdom >> 10/13/2017 - Genel Energy plc announces that Paul Schofield is stepping down from the role of Chief Operating Officer and will leave the Company on 16 October 2017. Dr. William (Bill) Higgs will succeed him in the...
EKOGRID in-Situ Test for Creosote Remediation Completed For Global Rollout
Finland >> 10/12/2017 - Greentech specialists Eko Harden Technologies today announces that completion of a year-long controlled test of contaminated creosote soil in Canada using its pioneering EKOGRID technology allows it t...
Fugro Divests Non-Core Trenching & Cable Laying Business
Netherlands/Holland >> 10/12/2017 - Fugro and Global Marine Holdings LLC have signed an agreement under which GMG will acquire Fugro’s trenching and cable laying business in exchange for an equity stake of around 24% in the combined bus...
Consent for Modifications Relating To Gas Lift at Tambar
Norway >> 10/12/2017 - Petroleum Safety Authority of Norway has given Aker BP consent to perform modifications relating to gas lift at Tambar. The gas lift project is part of a major field development project at Tambar. The...
Costs Rise for Norway's Martin Linge Oilfield Development
Norway >> 10/12/2017 - The cost of developing Total’s Martin Linge oil and gas field off the coast of Norway has risen by a further 1.4 billion Norwegian crowns ($177 million) in the last year to 41.3 billion, the governmen...
Weatherford Wins Repsol Norge Plug & Abandonment Contract
Norway >> 10/12/2017 - Weatherford International plc has been awarded a contract for plug and abandonment (P&A) services by Repsol Norge AS. The work will commence in October 2017 and is estimated to be completed over a per...
RED Engineering delivers advanced monitoring technology
Scotland >> 10/12/2017 - New monitoring technology developed by RED Engineering has been used for the first time to improve accuracy, speed and safety during the installation of jacket foundations for wind turbines at the Bea...
SKF & Scotrenewables Partner to Advance Floating Tidal Power
Scotland >> 10/12/2017 - SKF Ocean Energy has worked with Scotrenewables’ engineering team to supply a number of key components and holistic systems for the latter’s groundbreaking SR2000 tidal stream turbine, as well as prov...
CPR Confirms Significant Reserves Upgrade in Southern North Sea Assets
United Kingdom >> 10/12/2017 - Independent Oil and Gas plc (IOG), the development and production focused Oil and Gas Company, is pleased to announce the results of a Competent Person’s Report (CPR) on the Vulcan Satellites, Blythe ...
Maersk Drilling Secures Contract Extensions for Two Rigs
United Kingdom >> 10/12/2017 - Maersk Drilling has been awarded two contract extensions in the North Sea. Both rigs have recently been re-activated to the North Sea from warm stacking. The estimated duration of the two extensions i...
Oil & Gas UK Comments on UK Government’s Clean Growth Strategy
United Kingdom >> 10/12/2017 - Commenting on the UK Government’s Clean Growth Strategy, Mike Tholen, Upstream Policy Director with Oil & Gas UK, said: ...
Technology Demonstration Brings New Calibration System a Step Closer to Market
United Kingdom >> 10/12/2017 - Potential business partners got the chance to see an innovative new calibration system in action at a technology demonstration event which took place over two days at the end of September. The event w...
Oil Market Highlights - October 2017
Austria >> 10/11/2017 - Crude Oil Price Movements
The OPEC Reference Basket rose to $53.44/b in September, its highest value since July 2015. Crude futures prices also saw gains, with ICE Brent averaging above t...
The Winter Product Markets Outlook - October 2017
Austria >> 10/11/2017 - Oil product markets in the major consuming regions performed well this summer, favoured by the seasonally-higher gasoline demand. US refinery markets averaged as high as $20/b by the end of the summ...
Crude Oil Price Movements - October 2017
Austria >> 10/11/2017 - The OPEC Reference Basket (ORB) increased by about 8% for the third consecutive month in September to reach $53.44/b, its highest value since July 2015.The ORB also ended 3Q17 higher at about $50/b, ...
Commodity Markets - October 2017
Austria >> 10/11/2017 - In September, energy commodity prices generally increased, led by higher crude oil prices. Natural gas prices in the US and Europe increased due to favourable weather patterns. Base metals continued ...
World Economy - October 2017
Austria >> 10/11/2017 - Ongoing positive momentum in 2H17 OECD growth, coming after a better-than-expected 1H17 output, as well as the potential tax reform in the US in 2018, the ongoing growth dynamic in the Euro-zone (and ...
World Oil Demand - October 2017
Austria >> 10/11/2017 - 2017 world oil demand growth was revised higher by around 30 tb/d, compared to the previous month’s report, reflecting the positive momentum in the OECD region and China. As a result, world oil deman...
World Oil Supply - October 2017
Austria >> 10/11/2017 - World oil supply in September was revised up by 0.41 mb/d m-o-m from the previous MOMR to average 96.50 mb/d, representing an increase of 1.08 mb/d y-o-y. ...
Product Markets and Refinery Operations - October 2017
Austria >> 10/11/2017 - Product markets in the Atlantic Basin improved further in September at the top of the barrel on the back of higher gasoline demand. The middle distillate market continued to improve globally on the b...
Tanker Market - October 2017
Austria >> 10/11/2017 - In September, tanker spot freight rates for dirty and clean vessels generally saw improved sentiment across all classes trading on various routes. ...
Oil Trade - October 2017
Austria >> 10/11/2017 - Preliminary data for September shows that US crude oil imports decreased to average 7.1 mb/d, down by 856 tb/d from last month. They also saw a drop from last year of 919 tb/d, or 11%. On a y-t-d bas...
Stock Movements - October 2017
Austria >> 10/11/2017 - OECD commercial oil stocks fell by 24.7 mb in August to stand at 2,996 mb, which is around 171 mb above the latest five-year average. Crude and products indicated surpluses of 146 mb and 25 mb above ...
Balance of Supply and Demand - October 2017
Austria >> 10/11/2017 - OPEC crude in 2017 is estimated to be 32.8 mb/d, or 0.6 mb/d higher than in 2016. In 2018, OPEC crude is projected to reach 33.1 mb/d, about 0.3 mb/d higher than in 2017. ...
Bayerngas Norge Receives Consent to Drill Well 35/9-13
Norway >> 10/11/2017 - Bayerngas Norge AS (Bayerngas) is the operator for production licence 682 in the North Sea. We have given the company consent to drill exploration well 35/9-13 in a prospect called Tethys. Drilling is...
ConocoPhillips Receives Consent to Use West Elara at Ekofisk
Norway >> 10/11/2017 - ConocoPhillips has received consent to use the West Elara mobile drilling facility for drilling and completion of water injection wells at Ekofisk 2/4 VC. Drilling is scheduled to begin in the last qu...
Wood Group Wins Multi-Million Dollar Oil Refinery Contract with Total
United Kingdom >> 10/11/2017 - Wood has been awarded a new multi-million dollar contract by Total, supporting their Lindsey Oil Refinery located in North Killinghome, Lincolnshire, UK. The five-year contract is to provide onshore m...
Government Confirms Up to £557 Million for New Renewable Energy Projects
United Kingdom >> 10/11/2017 - Government confirms up to £557 million for next clean electricity auctions for less established renewables ahead of the launch of the Clean Growth Strategy. ...
Jacobs Receives Framework Agreement for Dounreay Nuclear Decommissioning Project
United Kingdom >> 10/11/2017 - Jacobs Engineering Group Inc. (NYSE:JEC) has been awarded a four-year framework agreement from Dounreay Site Restoration Limited (DSRL) to provide mechanical, electrical, control and instrumentation s...
The Oil Futures Market - September 2017
The Oil Futures Market - September 2017 Austria >> 10/10/2017 - Oil futures rose further in August, with ICE Brent gaining 5.5% and averaging above the $50/b mark, supported greatly by a decline in US crude oil stockpiles, somewhat lower supplies and healthy refin...
SKF Launches Modular Electromechanical Actuator
Sweden >> 10/10/2017 - SKF has launched the versatile CASM 100 electromechanical actuator with a variety of different modules, making it exceptionally adaptable to satisfy a range of applications in a variety of sectors. ...
innogy Acquires Statkraft’s 50% Share in Triton Knoll Wind Project
United Kingdom >> 10/10/2017 - innogy and Statkraft have completed an agreement under which innogy has acquired Statkraft’s 50 per cent share in the offshore wind project Triton Knoll. With the acquisition of Statkraft’s share, inn...
Fresh Insight into UK Oil & Gas Jobs Scene Captured in New Report
United Kingdom >> 10/10/2017 - New data providing more insight into the employment picture of the UK offshore oil and gas industry is published today (7 October) by Oil & Gas UK – the sector’s trade body. The people working on offs...
Starting Construction of £16m Centre of Excellence
United Kingdom >> 10/10/2017 - The ground-breaking ceremony for NEL’s new Centre of Excellence (CoE) for subsea development took place in September. The spade-wielding honours were carried out by Michael Valente, CEO of TUV SUD UK’...
Royal IHC Acquires 50% Stake in Rotterdam Offshore Group
Netherlands/Holland >> 10/9/2017 - Royal IHC has announced its acquisition of 50% of the share capital of Rotterdam Offshore Group (ROG). The agreement will enable IHC to strengthen its ship repair and conversion capabilities with the ...
Statoil Drills Dry Well Northwest of Johan Castberg Discovery
Norway >> 10/9/2017 - Statoil Petroleum AS, operator of production licence 718, has completed the drilling of wildcat well 7317/9-1. The well is dry. The well was drilled about 100 kilometres northwest of the 7220/8-1 (Joh...
Lundin Spuds Exploration Well on Hufsa Prospect
Norway >> 10/9/2017 - Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced drilling of exploration well 7219/12-2 on the Hufsa prospe...
Wood Group Completes Acquisition of AmecFW for $2.9 Billion
United Kingdom >> 10/9/2017 - Wood Group is pleased to announce that it has completed the acquisition of Amec Foster Wheeler. Wood Group’s new ordinary shares will be admitted to the premium segment of the Official List and to tra...
Statoil Oil Discovery in Verbier Sidetrack on UKCS
United Kingdom >> 10/9/2017 - Statoil and partners have made an oil discovery in the Verbier sidetrack well in the outer Moray Firth on the UK Continental Shelf, proving a minimum of 25 million recoverable barrels of oil in the im...
Worleyparsons to Buy AFW's Oil & Gas Assets for $298 Million
United Kingdom >> 10/9/2017 - Australian engineering firm WorleyParsons Ltd would buy the former upstream oil and gas assets of Britain’s Amec Foster Wheeler Plc for 228 million pounds ($298.22 million), marking its entry into the...
MORGRIP® Compact Connector Awarded DNV GL Type Approval
MORGRIP® Compact Connector Awarded DNV GL Type Approval United Kingdom >> 10/9/2017 - Hydratight has been awarded DNV GL Type Approval for the lightweight MORGRIP® Compact Connector, which will be deployed for topside repairs in the oil and gas industry. The connector has been develope...
Eni's Arctic Goliat Field to Remain Shut for Repairs
Norway >> 10/6/2017 - Italian oil firm Eni’s Arctic Goliat oilfield off Norway will remain shut for repairs for “some weeks”, a company spokesman said. Norway’s Petroleum Safety Authority, which regulates the industry, sep...
NPD Grants Drilling Permit for Well 15/6-14 S in PL 029 C
Norway >> 10/6/2017 - The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 15/6-14 S, cf. Section 8 of the Resource Management Regulations. Well 15/6-14 S will be drilled from the...
Statoil Awards NOK 7 Billion Renegotiated Framework Agreements
Norway >> 10/6/2017 - Statoil is awarding renegotiated framework agreements to Bilfinger Industrier Norge AS and Kaefer Energy AS for ISO services (insulation, scaffolding and surface treatment). Valued at a total of more ...
Teekay Offshore Starts Contract for Randgrid FSO on Gina Krog Field
Norway >> 10/6/2017 - Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) announced the Randgrid FSO, which was converted from one of the Partnership’s shuttle tankers at Sembcorp’s Sembawang shipyard in Sin...
OECD Europe Oil Demand - September 2017
OECD Europe Oil Demand - September 2017 Austria >> 10/5/2017 - Following strong growth for the whole of 2015 and 2016, European oil demand continued to surprise with a strong performance in the first half of 2017 – most data covers up to June 2017 – with some pre...
Saffron Energy to Acquire Italian Interests of Sound Energy & Po Valley
Italy >> 10/5/2017 - Saffron Energy, the AIM quoted European natural gas company with interests in Northern Italy, has entered into non-binding conditional heads of terms (the "Heads of Terms") with Sound Energy Plc (Soun...
Petrofac Secures North Sea Contract Extension from Chevron
United Kingdom >> 10/5/2017 - Petrofac has secured a contract extension from Chevron North Sea Limited (Chevron) for the provision of engineering services; an agreement it has held since 2014. The 12-month agreement, which comes i...
Peacock Engineering Supply Flogas with ecom Specialist Mobile Devices Using Fingertip
United Kingdom >> 10/5/2017 - Peacock Engineering is supplying ecom specialist mobile devices for a major contract they have won with Flogas, one of European’s leading commercial and domestic LPG suppliers. The contract will see P...
ISCF Funded Multiphase Research Now Underway
United Kingdom >> 10/5/2017 - Work has begun on an important piece of new research funded under the government’s Industrial Strategy Challenge Fund (ISCF). The research aims to develop traceable methodology and standards for the i...
Soussan & Peter Appointed to Head Mobility Division
Denmark >> 10/4/2017 - Sabrina Soussan (48) and Michael Peter (51) have been appointed to succeed Jochen Eickholt (55) as head of Siemens' Mobility Division, effective October 1, 2017. Eickholt has been appointed integratio...
Wartsila Signs a Contract to Supply LNG Terminal to Finland
Finland >> 10/4/2017 - The technology group Wartsila has been awarded a turn-key contract with Hamina LNG Oy to supply a liquefied natural gas (LNG) receiving terminal to be built in Hamina, Finland. The scope includes site...
Wartsila to Acquire Puregas Solutions
Finland >> 10/4/2017 - The technology group Wartsila has reached an agreement to acquire Puregas Solutions, the Sweden based provider of turnkey biogas upgrading solutions. Puregas is a leading player in its field with subs...
Wartsila Signs a Contract to Supply LNG Terminal to Finland
Finland >> 10/4/2017 - The technology group Wartsila has been awarded a turn-key contract with Hamina LNG Oy to supply a liquefied natural gas (LNG) receiving terminal to be built in Hamina, Finland. ...
SKF Creating New European Aeronautical Test Centre
France >> 10/4/2017 - SKF is increasing its capacity to innovate by opening a new European Test Centre dedicated to high-speed aeronautical bearings. The new European High-Speed Aeronautical Bearings Test Centre, located a...
Wartsila to Acquire Puregas Solutions
Germany >> 10/4/2017 - The technology group Wartsila has reached an agreement to acquire Puregas Solutions, the Sweden based provider of turnkey biogas upgrading solutions. Puregas is a leading player in its field with subs...
Siemens Completes Sale of Shares in Osram
Germany >> 10/4/2017 - Siemens has completed the sale of 18.155 million ordinary shares in Osram Licht AG, thereby raising gross proceeds of approx. €1.2 billion. The sale followed an accelerated bookbuilt offering to insti...
SKF Launches Single-Shaft/Multiple Bearing System Analysis Software
Sweden >> 10/4/2017 - SKF is adding an easier and faster bearing evaluation tool to its shaft analysis software portfolio. SKF SimPro Quick bridges the gap between SKF’s basic online software tools and its recently release...
NXG Drilling Services Expands with Move to Larger Operations
United Kingdom >> 10/4/2017 - NXG Drilling Services has invested more than £2m in two new North-east operations to cope with increased demand for its tools and equipment solutions. The business, launched at the start of 2017, has ...
Meter Testing for ME Client Highlights Flexibility of Multiphase Facility
United Kingdom >> 10/4/2017 - A high-value programme of meter testing for a leading oil exploration and production company from the Middle East is underway at NEL shortly. The project highlights NEL’s growing profile in the region...
Aker BP Completes Appraisal & Wildcat Wells Near the 25/2-10 S Discovery
Norway >> 10/3/2017 - The Norwegian Petroleum Directorate reports that Aker BP, operator of production licence PL 442, has completed the drilling of appraisal well 25/2-19 S and wildcat well 25/2-19 A. The wells were drill...
IOG Signs LOI with Heerema for Four North Sea Platforms
United Kingdom >> 10/3/2017 - Independent Oil and Gas plc (IOG), the development and production focused Oil and Gas Company, is pleased to announce that it has signed a Letter of Intent (LOI) with Heerema Fabrication Group. (Heer...
Cambridge Consultants to Develop Custom DNA at Lightning Speeds
United Kingdom >> 10/3/2017 - Product design and development firm Cambridge Consultants and SGI-DNA, a Synthetic Genomics Inc. company in San Diego, CA, USA, will be installing the first BioXp™ 3200 System in the UK. The implement...
Webinar on Meter Optimisation Gets Global Audience
United Kingdom >> 10/3/2017 - The benefits of using controlled reference fluids rather than live hydrocarbon fluids for calibration was highlighted at a recent webinar which attracted participants from around the world. ...
Refinery Operations - September 2017
Refinery Operations - September 2017 Austria >> 10/2/2017 - Refinery utilization in the US recorded historical levels in August, despite plummeting towards the end of the month as Hurricane Harvey started to make landfall, shutting down considerable refining c...
DONG Energy to Change Company Name
Denmark >> 10/2/2017 - Following its profound strategic transformation from black to green energy, DONG Energy intends to change its company name. At a meeting today for DONG Energy’s employees, CEO Henrik Poulsen will anno...
We are Changing Our Company Name to ?rsted
Denmark >> 10/2/2017 - ?Following our profound strategic transformation from black to green energy and the recent divestment of the upstream oil and gas production, the name DONG Energy does not fit our company anymore. ...
Overwhelming Acceptance by Creditors Entitled to Vote on Chapter 11 Plan
France >> 10/2/2017 - CGG SA announces that all creditor classes entitled to vote on the chapter 11 plan proposed in the chapter 11 cases commenced on 14 June 2017 in the US Bankruptcy Court for the Southern District of Ne...
Statoil, Shell and Total Enter CO2 Storage Partnership
Norway >> 10/2/2017 - The partners are today signing a partnership agreement to mature the development of carbon storage on the Norwegian continental shelf (NCS). The project is part of the Norwegian authorities’ efforts t...
Subsea 7 Announced Contracts Awarded to Subsea Integration Alliance
United Kingdom >> 10/2/2017 - Subsea 7 today announced the award of an integrated contract by Ophir Energy for the Fortuna LNG project offshore Equatorial Guinea, located in average water depths of 1,790 metres. The substantial(1)...
i3 Energy Submits ES & FDP for Liberator Field Development
United Kingdom >> 10/2/2017 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce that the Environmental Statement (ES) for the development of i3's 100% operated and owned...
Naming Ceremony Held for World's Largest FSRU
Turkey >> 9/29/2017 - Mitsui O.S.K. Lines, Ltd. announced that a naming ceremony for the MOL FSRU Challenger was held at the Okpo shipyard of Daewoo Shipbuilding & Marine Engineering Co., Ltd.in Korea on September 28.This ...
Doriemus plc Admitted to Trading on ASX
United Kingdom >> 9/29/2017 - Doriemus plc, the quoted company focused on UK based oil and gas exploration and production, has commenced trading on the Australian Securities Exchange (ASX). The Company successfully raised approxim...
OPEC Reference Basket - September 2017
OPEC Reference Basket - September 2017 Austria >> 9/28/2017 - The ORB moved higher for the second consecutive month, up by nearly 6%, the highest monthly percentage gain for the year. Global crude oil prices improved as OPEC and non-OPEC countries continued to c...
CGG Completes 1st Full-Scale Topseis Survey in Barents Sea
Norway >> 9/28/2017 - CGG has successfully completed acquisition of the first-ever full-scale commercial survey using TopSeis™, its latest offshore broadband seismic acquisition and imaging solution. ...
DONG Receives Approvals for the Divestment of its Upstream O&G Business
Norway >> 9/28/2017 - On 24 May 2017, DONG Energy announced the agreement to divest the entire share capital of DONG E&P A/S to INEOS, including that closing of the transaction was subject to certain regulatory approvals. ...
Bayerngas Granted Drilling Permit for Well 35/9-13
Norway >> 9/28/2017 - The Norwegian Petroleum Directorate has granted Bayerngas Norge AS a drilling permit for well 35/9-13, cf. Section 8 of the Resource Management Regulations. Well 35/9-13 will be drilled from the Songa...

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