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Foster Wheeler awarded EPC contract for ExxonMobil's Antwerp refinery upgrade in Belgium
Foster Wheeler AG (Nasdaq:FWLT) announce that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement, and construction (EPC) contract by ExxonMobil Petroleum & Chemical BVBA ('Esso') for the Antwerp Northwest E ...
West Europe
Oil price, Nabors, Shell, Amerisur, Nostra Terra, Sundry and finally...
Oil price Whisper it very quietly... but we might just have seen the bottom for the oil price, at least for the time being. Now this is no cause for breaking out the champagne nor does it signify a meaningful rally but there are a couple of small signs that the major p ...
West Europe
3Legs Resources: Admission of ordinary shares to trading on AIM
3Legs Resources plc announces that it has applied for 215,884 ordinary shares of 0.025 pence each ("Ordinary Shares") to be admitted to trading on AIM ("Admission"). The Ordinary Shares have been issued following the exercise of share options at an e ...
West Europe
BP announces contracts for Tangguh Expansion Project
Train 3 will build on the safe and reliable operations of the two existing liquefaction trains at the Tangguh site, which is located in Teluk Bintuni Regency in Papua Barat province of Indonesia. The Project will add 3.8 million tonnes per annum (mtpa) liquefaction capa ...
Asia Far East
EMGS awarded seismic acquisition contract in Malaysia
With reference to stock exchange notice of 6 October 2014, with the announcement of a letter of intent in Malaysia, Electromagnetic Geoservices ASA (EMGS) hereby confirms that the Company has been awarded a contract. The survey will commence on 24 October, using the ves ...
Asia Far East
Why it's different this time
Is this downturn in oil prices going to be different for investors? I think it might. In fact, I think North American energy companies have a good chance of withstanding this downfall in prices than any other downturn of the last 40 years. You wouldn’t know it by ...
North America
Donnycreek Energy Inc. to merge with Contact Exploration Inc.
Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX-V: DCK) reports that it has entered into an arm's length definitive arrangement agreement (the "Arrangement Agreement") with Contact Exploration Inc. ("Contact") wher ...
North America
InterOil Corporation updates on its exploration drilling program in Papua New Guinea
RAPTOR-1, PPL 475 Raptor-1 has intersected 200m of the Kapau Limestone target zone, with wireline logs indicating the presence of hydrocarbons. InterOil Corporation (NYSE, POMSoX: IOC) now plans to conduct well testing to determine the hydrocarbon type, column, flow r ...
Australasia
Shell announces Gabon deep-water gas discovery
Shell today announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 metres net gas pay in a pre-salt reservoir. Leopard-1 is located around 145 kilometres off the Gabonese coast, we ...
Africa
OptaSense provides revenue assurance to LNG pipeline by reducing the impact of third party intrusion
OptaSense, a QinetiQ company and global leader in Distributed Acoustic Sensing (DAS) technology, has successfully prevented external threats to a natural gas pipeline in the republic of Yemen, according to a case study paper due to be presented by Total at ADIPEC, the o ...
Middle East
Bechtel begins construction on expanded Canadian LNG facility
Bechtel started construction at the Tilbury Liquefied Natural Gas (LNG) facility in British Columbia. FortisBC, the owner and operator of the facility, awarded Bechtel an engineering, procurement, and construction contract to expand its Tilbury facility, which will incl ...
North America
Southwestern Energy elects Terry W. Rathert to the Board of Directors
The Board of Directors of Southwestern Energy Company (NYSE: SWN) announce that, effective October 20, 2014, Terry W. Rathert has been elected to the Board for a term expiring at the annual meeting of stockholders in 2015. With the election of Mr. Rathert, the Board of ...
North America
Australia's Empire eyes domestic barite mining opportunity for Africa's largest oil producer
Australian gold and copper explorer, Empire Resources Limited, (ASX: 'ERL') has announced the company is entering a joint venture opportunity in Africa to focus on one of the principal ingredients used in that country's large offshore petroleum industry. Th ...
Africa
Nabors announces third quarter 2014 results
Nabors Industries Ltd. (NYSE: NBR) reported third-quarter 2014 operating revenues and earnings from unconsolidated affiliates of $1.81 billion, compared to $1.62 billion in the second quarter of 2014 and $1.55 billion in the same quarter of the prior year. Third-quarte ...
North America
PetroMaroc confirms significant natural gas potential of Kechoula Structure
PetroMaroc Corporation plc (TSXV: PMA) announce that GLJ Petroleum Consultants ("GLJ"), a premier oil and gas resource consulting firm headquartered in Calgary, has completed an independent evaluation of the Undiscovered Petroleum Initially in Place (UPIIP) an ...
North Africa
Mart Resources participates in consortium to acquire onshore Nigerian Oil Mining Lease 18
Mart Resources, Inc. (TSX:MMT) announce that it is a member of a consortium (the "Consortium") that has entered into an assignment agreement (the "Assignment Agreement") with The Shell Petroleum Development Company of Nigeria Limited ("SPDC&quo ...
Africa
ShaMaran announces Q3 2014 financial and operating results
ShaMaran Petroleum Corp. (TSX VENTURE:SNM) (OMX:SNM) announce its financial and operating results for the three and nine months ended September 30, 2014. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousa ...
North America
Bell Geospace wins tender for the provision of Airborne Geophysical Surveys in Ethiopia
Bell Geospace is delighted to announce that following a tender submission, it has been awarded the contract for the provision of Airborne FTG & Magnetic Surveys in the Gewane-El Wiha Block, Ethiopia (Afar Area) by GPB Ethiopia Resources B.V. (an affiliate of GPB Global ...
Africa
Canacol Energy announces cash settlement and cancellation of warrants
Canacol Energy Ltd. (TSX:CNE)(OTCQX:CNNEF)(BVC:CNEC) announce the settlement of 2,697,292 outstanding phantom warrants for US$ 3.5 million, paid in cash. The phantom warrants arose in late 2012 in connection with a past financing transaction with respect to the acquisit ...
North America
Savanna Energy Services signs contract to build four new drilling rigs
Savanna Energy Services Corp. (TSX:SVY) announce it has signed a contract to expand its drilling operations in Australia. Savanna will deploy four Top Drive Single ("TDS") drilling rigs to operate in Queensland for an existing customer to support their east co ...
Australasia