Latest Headlines

  1. ExxonMobil Announces Eighth Discovery Offshore Guyana

    Exxon Mobil Corporation said recently it made its eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block.

  2. Petroteq Energy Expands Advisory Board

    etroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; Frankfurt:A2DYWC), a company focused on the development and implementation of proprietary technologies for the energy industry, is pleased to announce a new initiative to expand size and scope of its Advisory Board.

  3. C-Innovation Awarded Flushing Contract For Apache’s Bass Lite Flowline Decommissioning Project

    C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, will play a key role in the Bass Lite Flowline decommissioning project for Apache Corporation.

  4. Shell Completes Malaysia LNG Tiga Equity Sale

    Shell Gas Holdings (Malaysia) Limited, a subsidiary of Royal Dutch Shell plc, announced recently that it has completed the sale of its 15% shareholding in Malaysia LNG Tiga Sdn Bhd (MLNG Tiga) to the Sarawak State Financial Secretary (SFS) for an agreed consideration of $750M.

  5. Wellsite Appoints Jessica Roger As Vice President Of Administration

    Wellsite Fishing and Rental Services, LLC (“Wellsite”), a leading provider of drilling and completion rental equipment, has promoted Jessica Roger to vice president of administration. She will be located at the corporate office in Broussard, Louisiana.

  6. Southern Cross And Picarro Announce Partnership

    Picarro, the leading provider of intelligent leak detection software solutions, and Southern Cross, a leading provider of field services to utilities for over 70 years, are partnering to combine decades of industry field knowledge and the most advanced analytics technology to deliver data-driven asset management solutions that help meet evolving utility industry requirements.

  7. Petroteq Unveils Asphalt Ridge Oil Extraction Facility, Initiates Production

    Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV: PQE; OTC: PQEFF; Frankfurt: A2DYWC), a company focused on the development and implementation of proprietary technologies for the energy industry, announced the successful unveiling of its environmentally friendly heavy oil processing and extraction plant located at the Asphalt Ridge in Uintah Basin, Utah.

  8. Genstar Capital Announces Agreement To Acquire Drilling Info Holdings, Inc

    Genstar Capital, a leading private equity firm focused on investments in targeted segments of the software, industrial technology, healthcare, and financial services industries, recently announced the signing of a definitive agreement to acquire Drilling Info Holdings, Inc. a portfolio company of Insight Venture Partners.

  9. Equinor Awards Light Well Intervention Contract To Akofs

    Akofs Offshore has been awarded a contract for light well intervention services using the Akofs Seafarer vessel for all Equinor-operated licences in the period 2020 to 2025.

  10. Equinor Offered Interesting Licences In 24th Licensing Round

    The Ministry of Petroleum and Energy has offered Equinor 7 licences in the 24th licensing round – 5 operatorships and 2 partner positions.