Current Headlines

  1. Verus Announces Signing Of SPA For Acquisition Of CIECO Exploration & Production (UK) Limited

    Verus Petroleum has announced recently 20 September 2018, that it has signed a Sale & Purchase Agreement (SPA) for the acquisition of Cieco Exploration & Production (UK) Limited, a wholly owned subsidiary of ITOCHU Corporation.

  2. ExxonMobil To Join Oil And Gas Climate Initiative

    ExxonMobil recently said it will join the Oil and Gas Climate Initiative (OGCI), a voluntary initiative representing 13 of the world’s largest oil and gas producers working collaboratively toward solutions to mitigate the risks of climate change.

  3. Oildex Introduces Owner Relations Suite For Oil And Gas Operators

    Oildex, the leader in financial automation solutions for the oil and gas industry recently acquired by Drillinginfo, recently announced the launch of its comprehensive suite of services designed to help oil and gas operators improve owner support, lower their costs and boost staff productivity.

  4. West Hercules To Drill More Exploration Wells

    Seadrill Norway Operations Limited has been awarded a contract for drilling two exploration wells for Equinor in the Barents Sea by use of the West Hercules rig. Drilling is scheduled to start in the spring of 2019.

  5. API: Additional Section 301 Tariffs Hurt American Economy, Consumers

    API released the following statement regarding the additional round of tariffs announced today by the White House, underscoring the negative impacts that a continued escalation of the trade dispute with China will have on American economy and consumers.

  6. Zennor Acquisition Of Britannia Field Interest

    Zennor Petroleum Limited (“Zennor” or “the Company”) is pleased to announce that its wholly owned subsidiary, Zennor North Sea Limited, has entered into a Sale and Purchase Agreement with Mitsui E&P UK Limited (“MEPUK”) in respect of its interests in United Kingdom Continental Shelf Licences P.213, Block 16/26a, Area B and P.345 Block 16/27b Area B which represent an 8.97% working interest in the Britannia Field.

  7. Drillinginfo Acquires Oildex Expanding Capability By Integrating Financial Automation Solutions

    Drillinginfo, the leading energy SaaS and data analytics company, has acquired Oildex, the largest oil & gas financial automation software firm in North America.

  8. Aker Solutions Wins Major Services Contract In Brazil

    The Campos Basin extends approximately 100,000 square kilometers. The three-year contract is valued at more than BRL 250 million and includes an option for a two-year extension.

  9. API: Industry Welcomes BLM’s Revised Rule To Prevent Waste And Conserve Domestic Resources

    API welcomed the Department of the Interior’s (DOI) release recently of the revised Bureau of Land Management’s (BLM) waste prevention rule.

  10. HENDERSON Acquires HP Piping Solutions And Expands Service Capabilities

    HENDERSON, a leader in the sales and service of drilling rigs and capital drilling equipment, has acquired HP Piping Solutions, a leader in high specification/high pressure fabrication, to further improve its service capabilities within the growing North American oil and gas market.