Northcote Energy makes strides in onshore project
Northcote confirmed it successfully improved the infrastructure framework at its Zink Ranch Project in Oklahoma, enabling increased production rates.
Norwegian Petroleum Directorate reports increased production
The Norwegian Petroleum Directorate reported an increase in oil production for the month of July.
Wave and tidal power costing more than forecast
The evolution of technologies that harness the waves and tides for generating electricity is taking longer than hoped and costing more money than expected, a report showed.
Houston commits delegation to Israel’s UOG
The Texas-Israel Chamber of Commerce confirmed a group will attending the Universal Oil & Gas Dead Sea (UOG) conference in November.
Exxon ends oil search with Total in South Sudan as war rages
Exxon Mobil Corp., the US’s largest oil company, ended exploration plans with Total SA in South Sudan, Total and the government said, a sign of faltering investor confidence in the African nation as a civil war enters its eighth month.
Companies agree asset swap
Noreco and North Energy have a struck a deal to swap assets under two licenses located on the Norwegian continental shelf.
BP’s offshore project gets the green light
BP Trinidad and Tobago confirmed it received the go ahead for its Juniper offshore gas project. The project, which has been conducting Front End Engineering and Design (FEED) activities since 2012, will be a company first.
Faroe Petroleum appoints “Oil Woman of the Year” to its board
Faroe Petroleum has appointed the “Oil Woman of the Year” as an independent non-executive director.
New Scottish renewable facility launched
Green Highland Renewables Ltd., a UK developer of small hydropower plants, started building a £3million ($5million) facility in northern Scotland.
Taqa’s North Sea assets contribute to rebound year
Taqa confirmed record oil and gas production levels as it announced a return to profit today.
EU energy policy ‘hampers UK firms’
EU energy regulations have cost the UK economy between £86.6billion and £93.2billion (net) so far, according to the group’s research of Government Impact Assessments contained in its paper on EU energy policy.
NCS scoops five-year Ceona deal
Oil and gas service firm NCS Survey has won a five-year contract for positioning services with Ceona.
Survivex appoints new chief executive
Survivex has appointed a new chief executive.
Schlumberger forms new well intervention alliance
Schlumberger, OneSubsea and Helix Energy Solutions Group have formed a strategic alliance focused on subsea well intervention systems.
MAC targets US after enjoying year of growth
Maritime Assurance & Consulting (MAC) has increased its turnover by nearly 20%.
Aubin makes senior appointment
Aubin has appointed a new chief operating officer to its leadership ranks.
NSA issues Statoil with safety order following oil leak
The Norwegian Safety Authority (NSA) has issued state-owned Statoil an official safety order following an oil leak.
Petroceltic withdraws staff from Iraq
Petroceltic International today confirmed it suspended production and withdrew all non-essential staff from its operations in the Kurdistan Region of Iraq.
Shell could sell 50% stake in gas field
A private equity group is considering assuming Royal Dutch Shell’s 50% stake in a shale-gas field in Louisiana, according to sources.
Industry cuts mark start of emerging trend according to expert
A wave of job cuts marks the start of an industry trend, according to a sector expert.
Shell to shed 250 jobs
Shell today confirmed it will shed about 250 jobs from its Aberdeen office over the next year.
Mexico’s Senate approves private contract awards
Mexico’s Senate has finally approved new sanctions, officially paving the way for international oil companies to operate in its energy sector.
Bristow Helicopters makes senior appointments
tow Helicopters has made two senior appointments.
Statoil’s summer drilling campaign fails to return promising prospects
Statoil’s summer drilling campaign failed to return any promising prospects.
Leni bumps director to full time finance role
Trinidad-focused explorer Leni Gas & Oil (LGO) has promoted its director of finance to a full time role as the firm's finance boss.