ITF launches Innovation Network for SMEs
ITF has launched an Innovation Network to shine a light on SME oil & gas technology development.
Rawson Resources nets investment in Papua New Guinea operations
Rawson Resources said it has secured a capital investmenr of $750,000 from a group of Papua New Guinea Investors for its operations in the region.
More than 100 people sign up for Norwegian oil field tour on flotel
More than 100 people have signed up for a tour round some of Norway’s most famous oil fields.
Ineos said to be planning up to 30 applications for fracking
Petrochemicals giant Ineos is said to be planning to lodge as many as 30 applications to drill test wells in the next six months, according to reports.
Insolvency appointments up by 30%, figures show
The number of failing businesses in Scotland has grown by almost a third this year, according to new insolvency figures.
Husky closes deal on midstream partnership worth $1.7bln
Husky Energy said it has closed a transaction to create a new partnership which will assume ownership of select midstream assets in the Alberta and Saskatchewan region.
Unique Group completes acquisition of OceanVision firms
Unique Group said it has completed the acquisition of Oceanvision PTE and Oceanvision Equipment Services.
Range Resources spuds Trinidad well
Range Resources said it has spudded the MD 251 well in Trinidad.
Highland Natural Resources increases land position in Montana
Highlands Natural Resources said it has increased its land position in the core of the Helios Two prospect area in Montana.
China to close South China Sea for military exercises
China has said it is closing off part of the South China Sea for military exercises this week.
EnQuest, Delek in talks for 20% farm-out deal on Kraken
EnQuest said it is holding discussions with Delek Group for the sale by the company for one of its interests in the Kraken Development.
Gold Awards 2016: Finalists revealed
The contenders for the Press and Journal’s Gold Awards can be revealed today – and competition for the top accolades has already been even hotter than it was last year.
LGO says up to 975mln barrels of oil estimated from Goudron after fresh analysis
LGO said estimated oil reserves in its Goudron field are higher than previous estimate after a review was carried out by Deloitte.
Sirius Petroleum wins Nigerian governmental approval for Ororo licence
Sirius Petroleum has won approval from the Nigerian Federal Ministry of Environment for is safety assessment on the Ororo field licence.
Europa looks to speed up work in South Porcupine Basin with farm-in partner
Europa Oil & Gas said there is potential to speed up exploration offshore Ireland by netting a farm-in partner to produce further seismic work.
RigNet to cut up to 12% of staff
RigNet said it plans make a significant company restructuring cutting up to 12% of its staff as it looks to streamline its costs during the global decline in oil price.
Crude imports from Iran to South Korea jump in the month of June
Crude imports from Iran to South Korea have jumped nearly 115% since last month compared with a month earlier, new figures show.
Occidental Petroleum elects new board member
Occidental Petroleum said it has elected a new member to its board of directors.
Halliburton picks new director to join team
Halliburton has strengthened its team with the appointment of a new director.
Pan American Energy to invest around $1.4bn in exploring Argentina’s energy reserves
Pan American Energy said it will invest around $1.4billion in exploring and producing Argentina's conventional and unconventional energy reserves.
Deepwater Wind proposes Long Island energy project
Deepwater Wind has proposed supplying Long Island with 90 megawatts of offshore energy.
Russian court sets trial date for trial over death of former Total CEO
A Russian court is expected to start the trial of airport staff charged in the death of Christophe Margerie, the head of French oil major Total who was killed when his jet collided with a snow plough in a Moscow Airport.
EDF Renewable Energy wins two-year extension to build Stoneray windfarm
EDF Renewable Energy has been given a two-year extension to build the 105MW Stoneray windfarm.
Apex Clean Energy sells majority stake in Texas portfolio
Apex Clean Energy said it has sold a majority stake in a 217MW renewables portfolio in Texas.
ABB wins $30million contract for Statnett
ABB has won a contract worth more than $30million for Norway's transmission operator Statnett for two substations.