FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement with Statoil for the manufacture and supply of a Workover System (WOS) to be installed on the Snorre B platform. The award has an approximate value of $114 ...
Tags: FMC Technologies, Statoil, Workover System, Snorre B platform
The Environmental Protection Agency was justified in intervening to examine possible risks of gas drilling to Texas drinking water, the agency's internal watchdog reported Tuesday. But environmentalists say the report raises fresh ...
Tags: The Environmental Protection Agency, gas drilling, Texas, drinking water
Continental Energy Corporation (OTCQB: CPPXF) (the "Company"), an emerging international energy investment company, today announced that its Indonesian production sharing contract (PSC) bid group was one of seven unsuccessful bidders for ...
SeaBird Exploration Plc ("SeaBird") is pleased to announce that is has extended the bareboat charter for the Munin Explorer from 1 November 2014 to 31 October 2019. In connection with the bareboat extension, the charter rate is being ...
Tags: vessel, transportation
Statoil and partners have awarded Aker Solutions the engineering framework agreement for the Johan Sverdrup field in the North Sea, where the first call off will be the front-end engineering design (FEED) of the field centre. The Johan ...
Tags: offshore developments, oil, energy
Russian President Vladimir Putin and Rosneft President Igor Sechin took part in the launch of the most powerful Russian crude distillation unit CDU-12 at Tuapse refinery. Modernization of Tuapse refinery suggests in-process construction ...
Tags: Vladimir Putin, Igor Sechin, Russian crude distillation unit, CDU-12
OptaSense announces its distributed acoustic sensing (DAS) was named winner of the "Best Drilling and Well Technology" in 2013 by Oil & Gas Agenda magazine. The award recognizes those companies who have "shown their ability to drive forward ...
CGG announced today that it has signed a contract with the Norwegian Petroleum Directorate (NPD) relating to the Seismic, Well and Production modules in the Diskos database, the National Data Repository of Norway. The scope of the contract ...
Sapphire Energy, Inc., one of the world leaders in algae-based Green Crude oil production, and Phillips 66 (NYSE: PSX), an integrated energy manufacturing and logistics company, announced a strategic joint development agreement aimed at ...
Tags: Metallurgy, Mineral, Energy, Crude Oil, Oil
CN (TSX: CNR) (NYSE: CNI) announced today it will start serving a new state-of-the art frac sand producer on its Wisconsin rail network in December 2013. The production facility of Source Energy Services (SES), formerly Canadian Sand and ...
Tags: gas, oil, Metallurgy, Mineral, Energy
SeaBird Exploration Plc ("SeaBird") is pleased to announce that the Harrier Explorer has been awarded a contract as a source vessel in North West Europe. The contract has an estimated duration of about 110 days and an estimated value of ...
Tags: Metallurgy, Mineral, Energy
Tenaris announced Wednesday an agreement to purchase, subject to regulatory approval, the remaining 50 percent interest in Socotherm Brasil from Socotherm Americas, a division of ShawCor. Socotherm Brasil operates a pipe coating facility ...
Aibel is to carry out modifications to Kristin valued at NOK 200 million. The task is to connect the platform to the new Polarled pipeline. The contract has been awarded as a part of the framework agreement Aibel has with Statoil on ...
Tags: Oil and Gas News, Aibel, Kristin, Polarled pipeline
InterOil Corporation (NYSE: IOC; POMSoX: IOC) has agreed to sell to Total S.A. (CAC: TOT; NYSE: TOT) a gross 61.3% interest in Petroleum Retention License 15 ("PRL15") which contains the Elk-Antelope gas fields in the Gulf Province of ...
Tags: Oil and Gas News, Interoil, PNG Gas
LONDON, Dec. 3, 2013 /PRNewswire/ -- Fifty-five percent of private equity (PE) executives cite the growing capital requirements of the oil and gas industry as the foremost driver of their investment activity in the industry, according to a ...
Tags: the oil and gas industry, private equity, major capital investment