Oil Industry news

Shell receives $529 Million Binding Offer from DCC Energy

Shell has officially announced that it has received a- binding offer of €464m million ($529 million) from DCC Energy for…

10 years ago

DEA Farms out Part of West Nile Delta Project in Egypt

DEA Deutsche Erdoel AG has equalized its working interest and farmed down its stake in the West Nile Delta (WND)…

10 years ago

Rosneft, PetroRio Signs Acquistion Agreement in the Solimões Project

Rosneft Brasil and PetroRio has officially announced the signing of the Rosneft Brasil transaction to acquire PetroRio’s 55% in the…

10 years ago

Lundin Secures Production Licence for Morskaya Field, Russian Caspian Sea

Lundin Petroleum has officially announced that Rosnedra, the Russian licensing authority has issued a production licence for Morskaya field located…

10 years ago

Eni to Start Manned Underwater Operations in Goliat field

Eni Norge AS (Eni) is the operator of the Goliat field, which is an oil and gas field located on…

10 years ago

Esso Angola awarded certificates to 120 Teachers

A three-year program supported by Esso Angola, 120 teachers were awarded certificates after completing a training program to advance math,…

10 years ago

Amec Foster Wins New Çőpler Gold Mine Contract in Turkey

London - Amec Foster Wheeler has officially announced that it has been awarded the initial phase of an Engineering, Procurement…

10 years ago

ExxonMobil Starts Bitumen Production at Cold Lake Nabiye Project

IRVING, Texas - Exxon Mobil Corporation has officially announced that bitumen production began on schedule at the $2 billion Cold…

10 years ago

Wood Group Secures 5 Year Contract with Oil Spill Response Ltd

Wood Group Kenny (WGK) has secured a five year contract with Oil Spill Response (Capping) Ltd (OSRCL) to provide the…

10 years ago

Massy Wood Group wins $250 Million BP Contract in Trinidad & Tobago

Massy Wood Group has been awarded a five year contract, with a potential value of up to $250 million, by…

10 years ago

Amec Foster Wins Contract on World’s Largest Nuclear Fusion Project

London - Amec Foster Wheeler has officially announced that it has been awarded a seven-year contract by Fusion For Energy…

10 years ago

Drilling of Oil Production Wells Begins in Chayandinskoye Field

The drilling of production wells for the pilot commercial development of the oil rim started in the Chayandinskoye field in Yakutia, the basic field…

10 years ago

Gazprom, CNPC Signs Agreement for Gas Supply via Western Route

Gazprom Management Committee Chairman Alexey Miller and the CNPC Vice President Wang Dongjin signed an agreement in Moscow for pipeline gas…

10 years ago

TransCanada Receives First Two B.C. Oil & Gas Commission Construction Permits

VANCOUVER, BRITISH COLUMBIA - TransCanada has officially announced that it has received the first two permits from the British Columbia…

10 years ago

AGL Annual Volunteer Week Activities Supports Over 4.5 million Customers in Local Communities

ATLANTA - AGL Resources and its family of companies touch the lives of more than 4.5 million customers in 1,100…

10 years ago

Kinder Morgan Receives Approval on Commercial Aspects of Palmetto Pipeline

HOUSTON - Kinder Morgan has officially announced that they received approval from the Federal Energy Regulatory Commission (FERC) regarding the…

10 years ago

Talisman to use Mærsk Giant for Well Plugging, Varg Field

Talisman Energy has received consent to use Mærsk Giant for plugging well 15/12-A-2, A-4, A-9, A-11, A-12, A-13, A-15 and A-16…

10 years ago

Repsol receives Consent for Exploration Drilling in the Norwegian Sea

Repsol Exploration Norge AS (RENAS) is the operator for production licence 642 in block 6306/5 in the southern Norwegian Sea.…

10 years ago

PSA Completes Investigation at the Mongstad Facility Accident

A PSA investigation of the work accident at the Mongstad facility in November 2014 has now been completed. One nonconformity…

10 years ago

Rosneft Syzran Refinery Completes the Transition to Euro 5 Diesel

Syzran Refinery, a Rosneft subsidiary, has switched completely to Euro 5 diesel fuel as part of its large-scale investment program…

10 years ago

Wood Group Completes Engineering Services for 2 MWCC Vessels

HOUSTON - Wood Group Mustang has completed engineering services for the two Marine Well Containment Company (MWCC) vessels that can…

10 years ago

Ensco, NDC Signs 3 Years Contract for New Premium Jackup

LONDON - Ensco plc has officially announced that it has entered into a three-year contract with NDC for a new…

10 years ago

Schlumberger Company Releases New Fluid and Cuttings Separator

HOUSTON - M-I SWACO, a Schlumberger company, has officially announced the release of the NEW SCREEN PULSE† fluid and cuttings…

10 years ago

Weatherford Launches SecureView® Cased-Hole Wireline Evaluation Suite

HOUSTON - Weatherford has officially launched the commercial release of its SecureView® wireline cased-hole evaluation suite at the 2015 Offshore…

10 years ago

Cameron, OneSubsea Wins OTC Spotlight On New Technology Awards

HOUSTON - Cameron and OneSubsea won Spotlight on New Technology Awards at the Offshore Technology Conference (OTC) by meeting the…

10 years ago

ExxonMobil Awards License to EON for 3D Simulator Technology

DOHA, Qatar - ExxonMobil has officially awarded a global commercial license for Immersive 3D Operator Training Simulator technology to co-developer…

10 years ago

Chevron, Woodsford Reaches a Settlement Agreement on Fraudulent Litigation

SAN RAMON - Chevron Corporation has officially announced that they have reached a settlement agreement with Woodsford Litigation Funding Limited,…

10 years ago

PSA Monitors the Biggest Norwegian Continental Shelf Operator

The Petroleum Safety Authority Norway (PSA) is keeping close tabs on the biggest NCS operator to ensure that any action…

10 years ago

Enterprise to Construct New Crude Oil Pipeline from Midland to Houston

HOUSTON - Enterprise Products Partners has officially announced that it has executed long-term agreements that support development of a new…

10 years ago

Subsea Services Alliance to Manufacture a 15,000-psi Intervention Riser System

HOUSTON - Subsea Services Alliance, the collaboration between Helix Energy Solutions Group, OneSubsea®, a Cameron and Schlumberger company has officially…

10 years ago