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 its…
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Oil Industry news
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) project in Egypt…
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…
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…
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 the Tromsøflaket bank around 85…
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…
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…
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…
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 maintenance…
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 BP to provide services to…
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 (F4E),…
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 …
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…
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…
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 communities each…
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)…
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 on…
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.…
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 with…
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…
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…
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 premium jackup,…
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…
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…
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…
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…
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…
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 it takes…
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…
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…