Results50 articles shown
Nomura's Kwan Sees Big Data Among Game Changers in Oil, Gas Industry
Tuesday, June 28, 2016 Nomura's senior analyst Gordon Kwan sees big data and internet of things (IoT) as potential game changes in the oil and gas business.
OGDCL Discovers Gas in Pakistan
Tuesday, June 28, 2016 OGDCL discovers gas from its exploratory well Thal West #01, which is located in District Sukhur, Sindh Province.
ABS, Keppel's KOMtech Collaborate on Joint Development Projects
Tuesday, June 28, 2016 ABS and Singapore's Keppel Offshore & Marine Technology Centre (KOMtech) collaborate on joint development projects in areas such as special purpose rigs, data analytics and subsea technology.
Aban Offshore Bags $87M Contract to Provide Aban Abraham Drillship to ONGC
Tuesday, June 28, 2016 Aban Offshore bags a deal from India's Oil and Natural Gas Corp. Ltd. to provide the Aban Abraham drillship under a two year $87 million contract.
Santos Successfully Drills the AAL-4XST1 Appraisal Well in the Natuna Sea
Tuesday, June 28, 2016 Santos achieves excellent flow rates in the drilling of the AAL-4XST1 appraisal well for the Ande Ande Lumut oil project in the Natuna Sea offshore Indonesia.
SapuraKencana Secures $125M of Drilling, Engineering & Construction Deals
Tuesday, June 28, 2016 SapuraKencana Petroleum secures $125 million of drilling as well as engineering and construction contracts and contract extensions in Malaysia, Australia and Trinidad and Tobagao.
Higher Oil Prices Don't Equal Increase in Hiring ... Yet
Tuesday, June 28, 2016 Texas oil economist says if oil prices continue to increase, employment gains could take place as soon as early fall.
Venezuela's Oil Output Decline Accelerates as Drillers Go Unpaid
Tuesday, June 28, 2016 Venezuela's oil output, already the lowest since 2009, is set to slide further this year as contractors scale back drilling after the cash-strapped country fell more than $1 billion behind in payments.
Central Confirms Gas Flow at Mereenie Field in Australia's Amadeus Basin
Monday, June 27, 2016 Central Petroleum confirms gas flow during production testing at Mereenie field in Amadeus Basin in Australia's Northern Territory.
TPDC Approves Extension Plan for Mtwara License
Monday, June 27, 2016 The Tanzanian Petroleum Development Corporation approves a plan to extend the license term for The Mtwara License of the Ruvuma Production Sharing Agreement in Tanzania by one year.
MOL Group Makes Pakistan Gas Discovery
Friday, June 24, 2016 MOL Group makes a new gas discovery in its operated TAL Block in Pakistan, marking the company's 13th find in the country.
Oil Glut Is Fading Where You Would Least Expect: Saudi Arabia
Friday, June 24, 2016 Saudi Arabia, a country nearly synonymous with plentiful crude supplies, is offering one of the strongest signs yet that the glut that has plagued the oil market since 2014 is coming to an end.
NZEC Plans to Boost Exploration, Appraisal Work at its NZ Assets
Thursday, June 23, 2016 New Zealand Energy Corp. plans to boost exploration and appraisal work at its upstream assets in New Zealand.
Canada Oil Output to Fall This Year on Wildfires, Low Prices
Thursday, June 23, 2016 Canadian oil output is forecast to decline this year for the first time since 2009 after a wildfire in northern Alberta curtailed more than one million barrels a day for a month and low commodity prices hit producers.
Colombia's Ecopetrol Offers 20 Blocks in Auction Launch
Thursday, June 23, 2016 Colombia's state oil company Ecopetrol offers 20 oil and gas blocks for auction, part of a company plan to cut back amid low global crude prices.
Rystad Energy: US DUC Inventory to Decrease
Thursday, June 23, 2016 Rystad Energy believes the US will see fewer DUCs in 2H 2016 due to an uptick in horizontal oil completions.
KS Energy and China's ZPMC Amends Contract for a Newbuild Jackup
Wednesday, June 22, 2016 KS Energy and Shanghai Zhenhua Heavy Industry Co. amend the terms of a contract for the construction of a jackup at the Chinese yard.
Range Resources Limited Granted Approval to Spud Trinidad Well
Wednesday, June 22, 2016 Range Resources Limited receives approval from the regulatory bodies in Trinidad to spud the MD 51-2 development well.
Oil Explorers Embrace the Sharing Economy to Drill Cheaper Wells
Wednesday, June 22, 2016 The biggest oil-industry downturn in a generation has companies collaborating in ways they never thought possible.
Shell Sees Strong Potential for Permian Basin Assets
Tuesday, June 21, 2016 Shell outlines its strategy for the Permian Basin, part of its future plans to grow its unconventional oil and gas business.
NPD Grants Faroe Petroleum Drilling Permit for Well 31/7-1 A
Tuesday, June 21, 2016 The Norwegian Petroleum Directorate has granted Faroe Petroleum Norge AS a drilling permit for well 31/7-1 A, located offshore Norway.
Quadrant Spuds Outtrim East-1 Well in Permit WA-155-P(1) in Australia's NWS
Monday, June 20, 2016 Quadrant Energy spuds Outtrim East-1 well in exploration permit WA-155-P(1) in Australia's North West Shelf.
Real Energy Suspends Taramara-1 Ops in Queensland Due to Wet Weather
Monday, June 20, 2016 Real Energy temporarily suspends operations at Taramara-1 well in ATP972P in Queensland due to wet weather.
Raymond James: Get Ready for $80 Oil
Monday, June 20, 2016 Rebounding after a two-year collapse, it's only this month that oil prices have pushed up past $50 a barrel, but Raymond James & Associates says this is just the beginning for higher prices.
Hungary's MOL Reports Oil Discovery In Pakistan
Friday, June 17, 2016 Hungary's MOL group makes a new oil and gas discovery in Pakistan, its eighth discovery in the TAL block.
Empire O&G Plans Remedial Solutions at RGN-1 Well in WA's Perth Basin
Friday, June 17, 2016 Empire Oil and Gas plans to carry out remedial solutions in the last two quarters of this year at the Red Gully North-1 well in permit EP 389 in Western Australia.
NPD Grants Det Norske North Sea Drilling Permit
Friday, June 17, 2016 The Norwegian Petroleum Directorate grants Det norske oljeselskap ASA a drilling permit for well 25/10-15 S, located in production license 626 offshore Norway.
Baker Hughes: U.S. Oil Drillers add Rigs for Third Week In A Row
Friday, June 17, 2016 U.S. drillers this week added oil rigs for a third week in a row for the first time since August, according to a closely followed report.
Petrobras Argentina Extends Concession in Vaca Muerta
Thursday, June 16, 2016 Petrobras Argentina said it has an agreement to extend a shale gas concession for 35 years in the South American country's Vaca Muerta region.
Norwegian Oil Unions Threaten Drilling Rig Strike
Thursday, June 16, 2016 Nearly 300 employees on oil and gas drilling rigs off Norway could go on strike unless a wage deal is agreed by June 22, says the country's state-appointed mediator.
Faroe Petroleum Discovers Oil, Gas at Brasse Well
Thursday, June 16, 2016 Faroe Petroleum discovers oil and gas through its Brasse exploration well in license PL740 in the Norwegian North Sea.
Lukoil Spuds First Development Well at Filanovsky Field
Thursday, June 16, 2016 Lukoil spuds the first development well at the Filanovsky field, located offshore Russia.
Singapore's Keppel AmFELS Delivers One of the World's Largest HEEM Land Rig
Thursday, June 16, 2016 Singapore's Keppel AmFELS delivers one of the world's largest harsh environment enhanced mobility (HEEM) land rig ahead of schedule.
Gran Tierra Receives 'Outperform' Rating After Revealing Exploration Plans
Wednesday, June 15, 2016 Gran Tierra Energy receives an "outperform" rating on its stock in a brief research note from FirstEnergy, following the energy firm's recently announced future exploration plans in Colombia.
Gazprom Outbids Rosneft, Lukoil for Licences to Two Arctic Fields
Wednesday, June 15, 2016 Russia's Gazprom has won licences for rights to develop two large oil and gas fields in the Arctic, beating rivals Rosneft and Lukoil.
Santos Plans Sidetrack Ops at AAL-4X Well in Indonesia's NW Natuna PSC
Wednesday, June 15, 2016 Santos plans to commence sidetrack operations at AAL-4X appraisal well in Northwest Natuna block in the Natuna Sea offshore Indonesia.
ConocoPhillips, ENAP to Explore for Gas in Southern Chile
Monday, June 13, 2016 Chilean state oil company ENAP signs a deal with ConocoPhillips to explore and eventually exploit gas deposits in the nation's remote southern Magallanes region, a source familiar with the agreement confirms.
Perisai Petroleum Defers Delivery of Perisai Pacific 102 to End October
Monday, June 13, 2016 Malaysia's Perisai Petroleum defers delivery of newbuild jackup Perisai Pacific 102 to end October.
SDX Completes Seismic Survey Onshore Egypt, Initial Data Encouraging
Monday, June 13, 2016 SDX Energy Inc completes the acquisition of 115 square miles of 3D data on the South Disouq asset, located onshore the Nile Delta in Egypt, "safely, under budget and ahead of the anticipated schedule".
Statoil Completes Canada Exploration Program, Finds Oil
Friday, June 10, 2016 Statoil, along with its partners, discovers oil offshore Canada as it finalizes a 19-month exploration drilling program.
Baker Hughes: US Oil Drillers Add Rigs for 2nd Week in a Row
Friday, June 10, 2016 US energy firms this week added rigs drilling for oil for a second week in a row for the first time since August, energy services firm Baker Hughes says, after crude prices this week rallied to an 11-month high over $51 a barrel.
Greka Prepares to Drill Well for Essar in West Bengal's Raniganj Block
Thursday, June 09, 2016 Greka Drilling commences preparations to drill a third well for Essar Oil in the Raniganj block, West Bengal, India under a contract signed in February.
Saipem Secures New Drilling Contracts
Thursday, June 09, 2016 Saipem secures new drilling contracts and extensions to existing contracts in Portugal, Norway, Morocco, Saudi Arabia, Kazakhstan and Latin America, with a cumulative value of approximately $170 million.
Statoil Makes Minor Gas Discovery in North Sea
Thursday, June 09, 2016 Statoil Petroleum AS makes a minor gas/condensate discovery in well 30/11-13, located in the North Sea.
NPD Grants Lundin Drilling Permit for Lundin Norway
Thursday, June 09, 2016 The Norwegian Petroleum Directorate grants Lundin Norway AS a drilling permit for well 7220/11-3 AR, located offshore Norway in production license 609.
NADL, Jurong Shipyard Extend Standstill Agreement for West Rigel
Wednesday, June 08, 2016 North Atlantic Drilling Ltd. and Jurong Shipyard extend a standstill agreement for delivery of West Rigel semisub to September.
Quadrant to Drill Roc-2 Well in North West Shelf in Late June/Early July
Wednesday, June 08, 2016 Quadrant Energy plans to drill the Roc-2 appraisal well in permit WA-437-P off Western Australia with the Ocean Monarch semisub in late June or early July.
Inpex Spuds Exploration Well Off Japan's Shimane, Yamaguchi Prefectures
Tuesday, June 07, 2016 Inpex spuds an exploration well offshore Japan's Shimane and Yamaguchi prefectures as part of the government's "Hesei 26~28 Drilling Program in Japan".
IOG to Drill Skipper Well in July
Tuesday, June 07, 2016 Independent Oil and Gas plc will drill an appraisal well on the Skipper oil discovery in the Northern North Sea this July.
Petroplan Chief: Thousands of Jobs Heading to Mozambique
Tuesday, June 07, 2016 An employment boom is anticipated in Mozambique during the next four years, says Petroplan CEO Andrew Speers.
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