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Seillean, We Hardly Knew Ye

Sitting in the auditorium at DEVEX 2015 last week, waiting somewhat apprehensively for my chance to tell everyone about our Pilot project (go on, click the link and watch the talk you know you really want to), I found myself listening to Neil Platt of Hurrican ...

Kongsberg Maritime to deliver technology for Johan Sverdrup field worth approximately MNOK 200

Kongsberg Maritime has today been awarded a call-off order for delivery of the Safety and Automation System (SAS), Life Cycle Simulator and SAS Information Management System for the four platforms on the Johan Sverdrup field centre. The order is based on the P ...

High Peak Royalties - Depressed oil market good for acquisitions

High Peak Royalties (HPR) is a globally-focused royalty company with 23 oil and gas projects, and an investment in another royalty company. It has taken advantage of recent depressed market conditions to make two acquisitions. HPR is actively reviewing a range ...

Coretrack announces director resignation

Australian oil and gas technology company Coretrack Ltd (ASX: CKK) advises that Independent Non-executive Director Mr. Eugene Loy has decided to step down from the board of the Company, effective from today. Mr Loy has taken the decision in order for him to c ...

Kea Petroleum fails to raise £3 million funding to develop Shannon prospect

Further to the Company's announcements of 21 April 2015 and 7 May 2015 in relation to the seeking of funds through and the extension of the bid period to 22 May 2015, the Company announces that it has not secured bids totalling £3m at a mi ...

San Leon Energy provides update on arbitration award and appeal

San Leon Energy plc, the AIM listed company focused on oil and gas exploration in Europe and North Africa, provides an update on the proceedings in the International Court of Arbitration of the International Chamber of Commerce, regarding the assets of Energia ...

Nostrum Oil & Gas announces first quarter results

Nostrum Oil & Gas PLC (LSE: NOG), an independent oil and gas company engaging in the exploration, development and production of oil and gas in the pre-Caspian Basin, today announces its results for the quarter ended 31st March 2015. Financial highlights from ...

Rosneft produces one millionth ton of oil at the Northern Tip of Chayvo Field

On May 25, Rosneft produced one millionth ton of crude oil at the Northern Tip of Chayvo field on the shelf of the Sakhalin Island. This milestone was reached just eight months after drilling of the first well at the field was completed in September 2014 from ...

Highlands Natural Resources completes acquisition of 75% interest in Diversion Technologies' patents portfolio

Highlands Natural Resources, the London listed oil and gas company, is pleased to announce that the agreement in respect to its all share acquisition of a 75% interest in Diversion Technologies' current patent applications, in the US, UK, Canada and globally, ...

Bentec GmbH Drilling & Oilfield Systems wins three multi-million dollar contracts

Bentec, one of the world's leading manufacturers of drilling rigs and oilfield equipment today announces that it has won three major multi-million dollar contracts. The company also confirms its further expansion into the substantial offshore market. The cont ...

Monday, May 25, 2015

Oil price, Dragon Oil, Sundry-Tullow/Northern- Gavin Graham- And finally...

Oil price Wednesday's rise in crude prices continued yesterday as the market got to grips with the inventory numbers, not just in crude but in product where gasoline demand is picking up pretty much worldwide. In addition the situation in the Middle East conti ...

Petronas achieves first oil from the Bukit Tua field in Indonesia

PETRONAS reached a significant milestone in its upstream operations in Indonesia with the first oil achieved from the Bukit Tua field on 17 May 2015. PETRONAS' General Manager and Country Chairman of Indonesia Operations, Hazli Sham Kassim said, 'We are proud ...

Questerre enters into MOU for oil shale acreage in Jordan

Questerre Energy Corporation (TSX,OSE:QEC) announced today that it has entered into a memorandum of understanding ('MOU') with the Ministry of Energy and Mineral Resources of the Hashemite Kingdom of Jordan for the appraisal and development of oil shale acreag ...

Petrofac supports Bumi Armada with maintenance build for North Sea FPSO

Petrofac, the international oil and gas facilities service provider, has been awarded a contract to support maintenance management system (MMS) implementation for Bumi Armada's floating, production, storage and offloading (FPSO), the Armada Kraken bound for th ...
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