Magnolia grows reserves value with well sell-off
US onshore explorer Magnolia Petroleum has sold interests in 24 of its smaller wells as it is looking to reinvest in its core American assets.
US onshore explorer Magnolia Petroleum has sold interests in 24 of its smaller wells as it is looking to reinvest in its core American assets.
A wildcat well on the Heimdalshø prospect in the Norwegian North Sea has proved dry, its operator Det Norske has reported.
Atlantic-focused explorer Chariot Oil & Gas has secured more time to seek partners for its Namibia exploration campaign after being re-awarded two of its relinquished licences.
Africa-focused explorer Tullow Oil has deemed its Kenyan exploration and appraisal campaign a success after a number of its onshore wells struck oil.
The founder of Trinidad-focused explorer Leni Gas & Oil (LGO) has stepped down from the company's board of directors.
Energy giant BG Group has reinforced its drive to develop a gas hub offshore southern Tanzania following a successful well test on the firm's latest appraisal well in the country.
Engineering giant Wood Group has appointed Amec's HSSE director to lead its own health and safety department.
Renewables service provider CWind has won an operations and maintenance (O&M) contract at the West of Duddon Sands offshore wind farm, worth £5.5million
Energy service firm ATR Group is set to release its new compressor technology into the Norwegian market following a £7million investment in its rental fleet.
The newly formed Oil and Gas Innovation Centre (OGIC) has appointed a Society of Petroleum Engineers' (SPE) director as its chief executive.
Marine energy developer Atlantis has scooped a £7.5million contract with the UK Energy Technologies Institute (ETI) to expand its tidal stream project in Scotland.
Clean energy firm Renovagen has closed an initial equity investment round raising £263,000 through a crowd-funding platform.
The longstop date to finalise the farm-out of Cameroon's Etinde licence has been extended, the permit owner Bowleven has announced.
Dutch oil giant Shell has struck a new gas discovery at its majority owned deep-water block SK318 offshore Malaysia.
Scottish software firm Asset Guardian Solutions (AGSL) has won a contract with BP to support the British major's Clair Ridge project in the North Sea.
Oil and gas service firm Zeta-pdm has secured £500,000 worth of international contracts in its drive to expand its global portfolio.
Offshore cable protection firm Tekmar Energy has been awarded a "multi-million pound" project with Statoil and Statkraft on the Dudgeon Offshore wind farm.
Norwegian oil services firm NorSea Group has confirmed its commitment to the UK energy market by taking over operatorship of Smith Quay and Embankment in Peterhead.
Norwegian oil and gas firm DNO has reported record output in the second quarter of the year following the upgrade of its key Kurdish asset.
Irish explorer Falcon Oil & Gas is set to commence its nine-well exploration programme in the Australian Beetaloo basin following a successful sale of its shares in the asset for A$20million ($18.6million).
Aberdeen oil service company Omega Completion Technology has secured a completions framework contract with Statoil for its downhole completion solution.
tlantic-focused explorer Chariot Oil & Gas has agreed the farm-out of 25% working interest in four Brazilian blocks as it is revving up its exploration campaign in the country's deep waters.
Norwgian oil giant Statoil has today officially opened its first platform on the Norwegian Continental Shelf (NCS) since 2005.
Offshore logistics company ASCO has opened a new supply base in Northern Australia as it aims to capitalise on the oil and gas sector’s growth in the region.
Norwegian offshore service firm SH Group is opening a new business unit in Sandnes to address the planned change in Norway’s safety regulations.