Tullow Oil sells interests in North Sea gas assets
LONDON -- Tullow Oil has announced that its subsidiary Tullow Oil SK Limited has entered into an agreement to sell 53.1% of its Schooner uni...
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Statoil in minor find near North Sea's Fram field
STAVANGER, Norway -- Statoil Petroleum AS, operator of production license 090, is in the process of concluding drilling of wildcat well 35/1...
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EMGS, ANCAP enter agreement for multi-client EM data
TRONDHEIM, Norway -- Electromagnetic Geoservices ASA (EMGS) has entered into a partnership agreement with ANCAP, the regulating authority fo...
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EMGS receives letter of intent for 3D EM acquisition in Africa
Electromagnetic Geoservices ASA (EMGS) has received a Letter of Intent to award a contract for a minimum $8.3 million for 1,000 sq km of 3D ...
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Aker Solutions splitting to build subsea business
OSLO, Norway (Bloomberg) -- Aker Solutions ASA is splitting in two to reduce costs and build its subsea business to improve shareholder retu...
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TGS to start Barents Sea seismic reprocessing project
TGS to start Barents Sea seismic reprocessing project ASKER, Norway TGS reported a 2D seismic reprocessing project in the Barents Sea Southe...
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MacGregor receives subsea crane orders from Malaysia
MacGregor receives subsea crane orders from Malaysia HELSINKI, Finland MacGregor, part of Cargotec, has signed contracts for four subsea cra...
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Det norske oljeselskap hits oil at Johan Sverdrup appraisal well
Det norske oljeselskap hits oil at Johan Sverdrup appraisal well TRONDHEIM, Norway Det norske oljeselskap is as partner in production licenc...
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E.ON granted permission to drill in Norwegian Sea
E.ON granted permission to drill in Norwegian Sea STAVANGER, Norway The Norwegian Petroleum Directorate (NPD) has granted E.ON E&P Norge...
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Saipem to construct second line of South Stream offshore pipeline
Saipem to construct second line of South Stream offshore pipeline SAN DONATO MILANESE, Italy Saipem has been contracted by South Stream Tran...
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Saudi Oil output faces summer heat challenge: Chart of the Day
Saudi Oil output faces summer heat challenge Chart of the Day WAEL MAHDI RIYADH, Saudi Arabia (Bloomberg) Saudi Arabia will probably have to...
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Chariot completes seismic survey offshore Morocco
LONDON -- Chariot Oil & Gas Limited has completed its 1,700 sq km 3D seismic survey across its areas of interest offshore Morocco (Chari...
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Life Cycle Engineering to offer execs real-time asset management visibility
CHARLESTON, South Carolina – Life Cycle Engineering (LCE) is to offer oil and gas industry executives the ability to monitor their assets in...
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Bentec wins major contract in Algeria
Bentec has won the largest single contract in its 20 year history. The multimillion dollar contract was awarded by Enafor and will see Bente...
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AGR secures Frame Agreement with Det Norske
AGR secures Frame Agreement with Det Norske OSLO, Norway AGR has been awarded a frame agreement with Det norske to provide well services and...
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BP CEO Dudley’s Rosneft clout weakens as sanctions target Sechin
BP CEO Dudley’s Rosneft clout weakens as sanctions target Sechin JOE CARROLL, DAVID WETHE and GREG FARRELL LONDON (Bloomberg) BP CEO Bob Dud...
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Exxon’s $900 billion Arctic prize at risk after Ukraine
Exxon’s $900 billion Arctic prize at risk after Ukraine STEPHEN BIERMAN IRVING, Texas (Bloomberg) Exxon Mobil’s dream of drilling in the Rus...
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PetroFrontier provides operational update on the OzAlpha-1 well
PetroFrontier provides operational update on the OzAlpha 1 well CALGARY, Alberta PetroFrontier reported that the OzAlpha 1 well located in E...
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Stone Energy discovers oil at Cardona South well in Gulf of Mexico
Stone Energy discovers oil at Cardona South well in Gulf of Mexico LAFAYETTE, Louisiana Stone Energy reported success on the deep water Card...
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NOV slumps on lower offshore rig sales forecast
HOUSTON (Bloomberg) -- National Oilwell Varco Inc. fell the most in more than two years after forecasting a slowdown in orders for offshore ...
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Eni's profits fall on lost production from Libya, Nigeria
Eni SpA, Italy’s biggest oil company, said profit slumped 14 percent in the fourth quarter due to production halts in Libya and Nigeria and ...
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Pancontinental completes 2D survey offshore Namibia
PERTH, Australia -- Pancontinental Oil & Gas NL has advised that a second seismic survey acquisition of 1,000km of 2D data has now been ...
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XPD8 seals Ghana FPSO contract
ABERDEEN, United Kingdom -- XPD8 Solutions has continued its recent success in West Africa for work off the coast of Ghana. Over an 18-month...
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VNG to use Transocean Arctic for Pil sidetrack well drilling
VNG to use Transocean Arctic for Pil sidetrack well drilling OSLO Rocksource reported that drilling of the Pil sidetrack well, 6406 12 3 B, ...
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Hurricane spuds Lancaster well
Hurricane spuds Lancaster well GODALMING, Surrey Hurricane Energy reported that the Lancaster horizontal appraisal well was spudded on 26 Ap...
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Longreach prepares to drill into target Liassic formation with Kamar-1 well in Morocco
Longreach prepares to drill into target Liassic formation with Kamar 1 well in Morocco SAINT HELIER, Jersey Longreach Oil & Gas (Longrea...
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Subsea Support Vessel MV Deep Helder launched at Foxhol Yard Groningen
Subsea Support Vessel MV Deep Helder launched at Foxhol Yard Groningen HAUGESUND, Norway The new build Subsea Support vessel, named MV Deep ...
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Hess reports sale of its Thailand Assets
Hess reports sale of its Thailand Assets NEW YORK Hess reported that it has sold its interests in both the Sinphuhorm and Pailin Fields loca...
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RWE Dea Norge gets to drill third well in licence 420
RWE Dea Norge gets to drill third well in licence 420 STAVANGER, Norway The Norwegian Petroleum Directorate (NPD) has granted RWE Dea Norge ...
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Lundin granted drilling permit from NPD for wildcat offshore Norway
Lundin granted drilling permit from NPD for wildcat offshore Norway STAVANGER, Norway The Norwegian Petroleum Directorate (NPD) has granted ...
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GMS to equip its two jack-up barges with NES technology
GMS to equip its two jack up barges with NES technology GODVIK, Norway Norwegian Electric System (NES) has just signed new contracts with Gu...
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North Uganda emerges from Kony threat to entice oil projects
Northern Uganda’s return to peace following a 20-year rebellion by Joseph Kony’s Lord’s Resistance Army is spurring investment in oil explor...
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Anadarko plans to drill up to 25 deepwater wells in 2014
Anadarko Petroleum is planning to drill up to 25 deepwater wells in 2014, the company’s chairman, president and CEO has said. The comment ca...
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FoundOcean, Delta SubSea ink strategic deal
FoundOcean, Delta SubSea ink strategic deal HOUSTON FoundOcean, Inc. and Delta SubSea LLC have signed a strategic agreement to provide subse...
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Nigerian producer says it experienced 'absolutely no' theft
Seplat Petroleum Development Co., the Nigerian oil producer raising $500 million from investors, said it had “absolutely no” theft in Nigeri...
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Scafi expands fleet with first Italian Damen ASD 3212 Tug
Scafi expands fleet with first Italian Damen ASD 3212 Tug GORINCHEM, Netherlands Damen is to construct a new ASD 3212 tug for Scafi, the Ita...
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China Shale boom seen by rig maker Honghua as coal use recedes
China Shale boom seen by rig maker Honghua as coal use recedes HONG KONG Honghua Group is seeking to expand at home as the nation works to s...
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Baker Hughes plans to disclose all fracking chemicals
Baker Hughes plans to disclose all fracking chemicals DAVID WETHE HOUSTON, Texas Baker Hughes plans to disclose all of the chemicals used in...
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Intermoor expands in Asia Pacific
Intermoor expands in Asia Pacific HOUSTON, Texas InterMoor has enhanced its customer support, substantially added to its stock of mooring eq...
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Ensco sells Jackup Rig ENSCO 85 for $64 Million
Ensco sells Jackup Rig ENSCO 85 for $64 Million LONDON Ensco reported that they have sold ENSCO 85, a jackup rig built in 1981, for $64 mn. ...
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Diamond Offshore jumps as profit beats estimates
HOUSTON (Bloomberg) -- Diamond Offshore Drilling Inc., the worst-performing oil services stock in the past six months, jumped the most in mo...
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TGS climbs as seismic library sales offset spending cuts
ASKER, Norway (Bloomberg) -- TGS Nopec Geophysical ASA rose the most in 3 1/2 months in Oslo as sales of seismic data increased more than ex...
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Tullow Oil announces Amosing-1 and Ewoi-1 exploration wells
Tullow Oil posted regarding oil discoveries at the Amosing-1 and Ewoi-1 exploration wells in Block 10BB onshore northern Kenya. As a result ...
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Technip soars after major contract awards
PARIS (Bloomberg) -- Technip SA rose to the highest level in almost six months after saying it has received major contracts from oil compani...
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SCV Island Pride delivered to Island Offshore
SCV Island Pride delivered to Island Offshore ULSTEINVIK, Norway Island Offshore has taken delivery of the subsea construction vessel M V Is...
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CMM takes delivery of its first Damen PSV 3300
CMM takes delivery of its first Damen PSV 3300 MONACO CMM has taken delivery of a Damen Platform Supply Vessel 3300. The 80m, 3,300t deadwei...
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Max Petroleum reports successful appraisal at East Kyzylzhar I
Max Petroleum reports successful appraisal at East Kyzylzhar I LONDON Max Petroleum reported the successful drilling results of an appraisal...
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TGS reports two new projects in the Norwegian Barents Sea
TGS reports two new projects in the Norwegian Barents Sea ASKER, Norway TGS commences new 2D and 3D multi client projects in the Norwegian B...
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Technip agrees to sell its majority share in Seamec
Technip agrees to sell its majority share in Seamec PARIS Technip reported that it has entered into binding agreement for the divestment of ...
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University of Michigan team wins BP Ultimate Field Trip 2014 U.S. competition
HOUSTON -- BP has announced that Team RECon of the University of Michigan has won the firm’s Ultimate Field Trip (UFT) 2014 U.S. competition...
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Prysmian to provide submarine cable links for Abu Dhabi’s Zakum field
MILAN, Italy -- Prysmian Group has been awarded a new contract, worth approximately €30 Million, by Emirates Holding on behalf of ADMA-OPCO ...
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Maersk Oil awards North Sea support contract to Atkins
EPSOM, United Kingdom -- Atkins has been awarded an engineering support contract covering three of Maersk Oil’s UK assets in the North Sea. ...
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Petrobras sets pre-salt production record with 428,000-bopd output
RIO DE JANEIRO -- Petrobras has announced that, on April 15, oil production in fields it operates, in the area known as the Pre-salt Provinc...
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Nigeria: Navy partners with Italy to fight piracy, crude oil theft
To curtail the rising tide of maritime illegalities, like piracy and crude oil theft, especially in the Gulf of Guinea, as well as boost the...
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Jee awarded major subsea contract
TONBRIDGE, United Kingdom -- Jee Ltd has been awarded a contract in support of a $14,000 million seven-year development. The contract, with ...
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ARKeX recommence SE Barents Sea FTG survey
CAMBRIDGE, United Kingdom -- ARKeX has recommenced acquiring a multi-client full tensor gravity gradiometry (FTG) survey within the South Ea...
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Expro secures BP Shah Deniz subsea contract
Expro wins $100 million Shah Deniz subsea contract READING, United Kingdom Expro, has secured a milestone subsea contract with BP for the Sh...
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Jiangsu Yangzijiang lays keel of its first jack-up rig
Jiangsu Yangzijiang lays keel of its first jack up rig LONDON Amedeo reported that, further to the Company' s statements on 23 October 2...
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Baku Shipyard secures first major contract from Shah Deniz
Baku Shipyard secures first major contract from Shah Deniz BAKU, Azerbaijan Baku Shipyard has secured a contract worth $378 mn from BP Explo...
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Halliburton to build drilling, testing and training facility in Texas
Halliburton to build drilling, testing and training facility in Texas CAMERON, Texas Halliburton reported plans for a drilling, testing and ...
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Hydrasun invests to support Subsea intervention operations
Hydrasun invests to support Subsea intervention operations ABERDEEN Hydrasun has invested more than $828,600 in new specialist equipment and...
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Subsea training facility adds bolt tensioning course
FORT WILLIAM, United Kingdom -- Subsea training and trials facility, The Underwater Centre, has added a new course to its commercial air div...
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Decom North Sea names new chief executive
ABERDEEN -- The Board of Directors at Decom North Sea (DNS) have announced the appointment of a new chief executive. Nigel Jenkins will take...
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Ennsub to build two ultra-deepwater ROV deployment systems
ABERDEEN -- Ennsub has been awarded a multi-million dollar contract by independent ROV service provider ROVOP. The deal involves the design ...
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Nigeria's Japaul Oil looks to expand buisness offshore Africa
Japaul Oil & Maritime Services Plc plans to raise $400 million to $500 million this year to allow the Nigerian company to expand its off...
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Aker Solutions, Baker Hughes form subsea production alliance
OSLO and HOUSTON -- Aker Solutions ASA and Baker Hughes Incorporated have agreed to form an alliance to develop technology for production so...
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Gazprom loads first oil from Russian Arctic
MOSCOW -- Gazprom has loaded the first cargo of oil produced from the Prirazlomnoye field -- the only Russian project for hydrocarbons devel...
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CNOOC's first-quarter sales climb on increased production
BEIJING (Bloomberg) -- CNOOC posted a 7.7% gain in first-quarter sales on higher oil and gas output. Total oil and gas sales rose to 60.5 bn...
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Repsol to spud Walvis Bay well this week
Repsol to spud Walvis Bay well this week LONDON Tower Resources through its wholly owned subsidiary, Neptune Petroleum Namibia (Neptune), ex...
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Cosco bags contracts for two PSVs and four ERRVs
Cosco bags contracts for two PSVs and four ERRVs SINGAPORE Cosco (Singapore) has won contracts worth $100 mn to build four emergency respons...
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Viking SeaTech completes rig positioning for AGR Petroleum
Viking SeaTech completes rig positioning for AGR Petroleum ABERDEEN Viking SeaTech has completed full rig positioning services for AGR Petro...
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McDermott hires Neptune for Ichthys project support
McDermott hires Neptune for Ichthys project support PERTH, Australia Neptune Marine Services (Neptune) reported that it was recently awarded...
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PGN FSRU Lampung to start operation in June
PGN FSRU Lampung to start operation in June OSLO Hoegh LNG took delivery of the "PGN FSRU Lampung", the first of the fournewbuilt ...
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African Petroleum gets more time to drill first well offshore Cote d’Ivoire
African Petroleum gets more time to drill first well offshore Cote d’Ivoire LEEDERVILLE, Australia African Petroleum and the Government of C...
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Nigeria’s MEND rebels threaten to reduce oil production to zero
Nigeria’s Movement for the Emancipation of The Niger Delta rebels plans to begin a violent campaign of disrupting oil output in Africa’s top...
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Terraseis to deploy first 3-C project in Kurdistan
Terraseis to deploy first 3 C project in Kurdistan DUBAI Terraseis is deploying a Three Component seismic recording system in the Kurdish Re...
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Toll Group begins construction of Ichthys support base
Toll Group begins construction of Ichthys support base MELBOURNE, Australia Toll Group has started works on the offshore logistics base it i...
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Swire Pacific Offshore launches Pacific Dragon AHTS
Swire Pacific Offshore launches Pacific Dragon AHTS SINGAPORE Swire Pacific Offshore (SPO) celebrated the launch of its new D Class vessel, ...
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Hallin commences new offshore installation support project in Bay of Bengal
Hallin commences new offshore installation support project in Bay of Bengal Singapore Hallin Marine reported the start of a new subsea field...
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Mozambique Minister for Mineral Resources promises early LNG deals with Indian companies
In a crucial bilateral meeting between Indian petroleum Minister Dr M Veerappa Moily and his Mozambique counterpart H.E. Esperanca Bias duri...
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Dana Petroleum begins seismic work in Cameroon's Bakassi West block
Dana Petroleum has commenced full 2D seismic operations in Bakassi West, 18 months after signing a Production Sharing Contract (PSC) for the...
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Gauthiers’ relocates, expands Houma facility
HOUMA, Louisiana — Gauthiers’, a Lafayette-based supplier of oil and gas industry containers and support equipment, has officially opened th...
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Alliance Offshore selects Caterpillar to power new jackup
BEIJING -- Caterpillar Oil & Gas has announced that the Cat C175 and Cat 3512 generator sets have been selected to power the first Zente...
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BG says production to fall as Egypt gas curbs cut 2013 profit
BG Group Plc, the second UK oil and gas producer to issue a profit warning this month, said output will drop this year as political turmoil ...
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Technip wins umbilical contract for Kaombo project in Angola
Technip wins umbilical contract for Kaombo project in Angola PARIS Technip reported that a consortium composed of Angoflex owned jointly wit...
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Ex-BP worker sold stock on insider Macondo spill data, U.S. says
WASHINGTON, D.C. (Bloomberg) -- A former official of BP Plc will pay $224,000 to settle U.S. claims that he traded securities based on insid...
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CGG completes airborne geomapping of Benin
CGG and the Benin Ministry of Energy, Mining and Petroleum Research, and Renewable Energy Development (MERPMEDER) have announced the complet...
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Namibia considers oil block auctions to improve terms
WINDHOEK, Namibia (Bloomberg) -- Namibia may revert to auctioning oil and gas exploration blocks because it will give the government better ...
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Total in deepwater oil discovery off Ivory Coast
PARIS -- The Total-operated Saphir-1XB exploration well on Block CI-514 proved the presence of liquid hydrocarbons in the deep waters offsho...
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CIMC Raffles delivers HYSY 932 jackup drilling rig
CIMC Raffles delivers HYSY 932 jackup drilling rig YANTAI, China On April 16, 2014, CIMC Raffles delivered the HYSY 932 jackup drilling rig ...
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Ezion secures $43.7 million charter contract to supply Service Rigs
Ezion secures $43.7 million charter contract to supply Service Rigs SINGAPORE The Board of Directors of Ezion Holdings reported that it has ...
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Ezion secures $35 million charter contract to supply Service Rigs
Ezion secures $35 million charter contract to supply Service Rigs SINGAPORE The Board of Directors of Ezion Holdings reported that it has se...
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Saipem awarded FPSO contracts in Angola worth more than $4 billion
Saipem awarded FPSO contracts in Angola worth more than $4 billion SAN DONATO MILANESE, Milan Saipem has been awarded two contracts in Angol...
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USCG overseeing response after massive wave hits Ensco semisubmersible in deepwater Gulf of Mexico
USCG overseeing response after massive wave hits Ensco semisubmersible in deepwater Gulf of Mexico HOUSTON — The U.S. Coast Guard is oversee...
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End of active cleanup operations from Macondo spill
HOUSTON –The U.S. Coast Guard has ended patrols and operations on the final three shoreline miles in Louisiana, bringing to a close the exte...
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InterMoor Marine Services names new general manager
ABERDEEN, United Kingdom -- InterMoor has appointed Duncan Cuthill as general manager of InterMoor Marine Services Ltd in the UK. ..
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JDR to supply umbilicals, reelers for FMC Technologies in West Africa
JDR, a provider of offshore technology, has won a contract with FMC Technologies in Kongsberg, to design and supply umbilicals and reelers f...
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Spectrum starts phase 2 of Barents Sea multi-client survey
OSLO, Norway -- Spectrum has commenced acquisition of the second phase of a broadband 2D seismic survey in the Barents Sea Fingerdjupet-Hoop...
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New Dragados offshore contract secured for IKM Testing
New Dragados offshore contract secured for IKM Testing SOLA, Norway Dragados Offshore has awarded the IKM Testing Mexico a contract for Torq...
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Technip Heerema alliance wins major Kaombo subsea contract offshore Angola
Technip Heerema alliance wins major Kaombo subsea contract offshore Angola PARIS The consortium, comprising Technip and Heerema Marine Contr...
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Total, Tullow, Cnooc sign Uganda deal for start of crude output
The Ugandan government has signed a deal with Tullow Oil, Total and Cnooc, on an oil refinery and pipeline, which may clear the way for the ...
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GE to power new FPSO for Brazil's pre-salt
GE to power new FPSO for Brazil' s pre salt SAO PAULO, Brazil GE' s Distributed Power business has announced that it will supply fou...
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Prosafe secures new contracts for its accommodation rigs
Prosafe secures new contracts for its accommodation rigs LARNACA, Cyprus Prosafe and BG Group have agreed a change to the Safe Bristolia acc...
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Houlder opens Houston engineering base
HOUSTON -- UK-based engineering group Houlder has launched a new venture to support clients headquartered in the U.S. Houlder Americas Inc. ...
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Norway brings foreign minister home amid Ukrainian crisis, scraps Houston appearance
HOUSTON -- The worsening political and military situation in Ukraine is having far-reaching effects. As Ukrainian and pro-Russian protestors...
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Statoil returning foreigners to Algeria gas fields after attacks
Statoil ASA will begin sending foreign workers back to natural gas fields in Algeria, a year after a terrorist attack at a project in the No...
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FMC wins $322 million subsea contract for BP's Shah Deniz
HOUSTON -- FMC Technologies, Inc. has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian S...
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Maersk Drilling takes possession of world’s largest jackup
SINGAPORE -- Maersk Drilling has taken delivery of its first ultra harsh environment jackup, Maersk Intrepid, from the Keppel FELS shipyard ...
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BG's Sunbird-1 well hits hydrocarbons offshore Kenya
PERTH, Australia -- Pancontinental Oil and Gas NL has advised that the Sunbird-1 well, operated by BG Group, off the southern Kenyan coast h...
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Odfjell Drilling becomes major shareholder in Robotic Drilling Systems
Odfjell Drilling becomes major shareholder in Robotic Drilling Systems HAMILTON, Bermuda Through an agreement with current shareholders, Odf...
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OMV awards well management contract to AGR
OSLO, Norway -- AGR has announced the award of a new well management services contract by OMV (Norge). The contract also covers delivery of ...
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OneSubsea awarded $80 million Egyptian subsea contract
OneSubsea has been awarded a contract of more than $80 million from Pharaonic Petroleum Company (PhPC) to supply subsea equipment for the Ea...
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NPD issues Statoil drilling permit for PL169
STAVANGER, Norway -- The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 25/8-18 S. ..
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DNO seals Tunisia deal, fast tracks exploration and development
DNO International ASA has announced the completion of the farm-in by its wholly-owned subsidiary DNO Tunisia AS to the Sfax Offshore Explora...
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Trelleborg opens new Houston office for marine operations
HOUSTON -- Trelleborg’s marine systems operation has opened a new sales and business development office in Houston, Texas. ..
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Kashagan leak probe hindered by Caspian Sea ice, Total says
PARIS (Bloomberg) -- A probe into the cause of a leak at Kazakhstan’s largest oilfield depends on inspection of offshore installations that ...
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DNV GL appoints new regional manager for UK, southern Africa
Hari Vamadevan has been appointed as DNV GL’s regional manager for the UK and southern Africa. He was previously DNV’s UK regional manager, ...
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Statoil in discovery near the North Sea's Valemon field
STAVANGER, Norway -- Statoil Petroleum AS, operator of the production licences in the Valemon Unit, has concluded the drilling of wildcat we...
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Shell shelves plans to boost Ormen Lange gas output
THE HAGUE, The Netherlands (Bloomberg) -- Royal Dutch Shell Plc postponed a project designed to boost natural gas recovery from its Ormen La...
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AWE awarded new exploration permit offshore Western Australia
AWE awarded new exploration permit offshore Western Australia SYDNEY AWE reported that it has been awarded a new exploration permit offshore...
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EMAS scores award from Noble Energy for the Gunflint Project in the Gulf of Mexico
EMAS scores award from Noble Energy for the Gunflint Project in the Gulf of Mexico SINGAPORE EMAS, the operating brand of Ezra Holdings repo...
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Apache reports new field discoveries
Apache said that recent drilling results, approval of three new development leases and expanded natural gas processing facilities in the Wes...
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Dolphin's new 3D seismic vessel fully operational in Barents Sea
OSLO, Norway -- Dolphin Geophysical has announced that its high-capacity, 3D seismic vessel, Sanco Sword, is in full seismic production with...
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Multibillion-dollar LNG plants at risk over fuel price spat
Dozens of multibillion-dollar natural gas shipping terminals proposed from Canada to Mozambique risk being held up by an industry debate ove...
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Noreco spuds well on Verdande prospect
STAVANGER, Norway -- Norwegian Energy Company ASA (Noreco) has announce that the drilling of exploration well 6608/10-16, on the Verdande pr...
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MCG to conduct super high-res survey in the Hoop area, Barents Sea
BILLINGSTAD, Norway – MultiClient Geophysical (MCG) will conduct a super high-resolution, multi-client 2D (MC2D) seismic survey in the Hoop ...
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NEWS FROM ACE 2014: Tamar transformed Israel’s fortunes, Noble V.P. says
HOUSTON – Israel’s Tamar field has transformed Israel’s fortunes and established a new political dynamic in the region, Noble Energy’s Susan...
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Tullow asserts force majeure event on offshore Guinea project
Hyperdynamics reported that Tullow Guinea asserted on March 11, 2014 to the Government of Guinea and members of the Consortium its claim tha...
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Turkey’s fracing push won’t be stalled by bribery probe
ANKARA, Turkey (Bloomberg) -- Turkish Prime Minister Recep Tayyip Erdogan has been embroiled in a corruption scandal that helped send the co...
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Crude drops as Libyan rebels hand over control of export ports
TRIPOLI, Libya (Bloomberg) -- Brent and West Texas Intermediate crudes fell for the first time in three days after Libyan rebels surrendered...
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Pellerin Energy Group sets record in deepwater Gulf of Mexico
LAFAYETTE, Louisiana -- Pellerin Water Solutions (PWS), a subsidiary of Pellerin Energy Group (PEG), has designed and built a horizontal flo...
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Atwood CEO hits ‘pause’ after investing $4.5 bn to add rigs
HOUSTON (Bloomberg) -- Atwood Oceanics Inc. is putting the brakes on building more ultra-deepwater oil and natural gas drilling rigs because...
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Algeria seeks exploration bids to end oil output drop
Algeria invited companies to bid for oil and natural gas exploration rights in 31 plots making up an area the size of Sweden, as the North A...
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