Current Headlines

  1. ConocoPhillips Announces Agreement To Sell Barnett Assets

    ConocoPhillips recently announced it has entered into an agreement to sell its interests in the Barnett shale play to Lime Rock Resources for approximately $230M plus net customary adjustments. Proceeds from this transaction will be used for general corporate purposes.

  2. HTX Solutions Introduces Patented, Globally Significant Wastewater Treatment Technology At The 2018 Proactive's CEO Investors' Forum

    David Cam, 2017 World Oil Awards Finalist in the "Innovative Thinker" categoryand CEO of HTX Solutions, recently presented at the 2018 Proactive's CEO Investors' Forum.

  3. Global Water Market To Reach $915B By 2023 As Oil And Commodity Prices Recover, New GWI Forecasts Reveal

    The global water market is projected to reach a total value of $914.9B in 2023, according to the latest 2018-2023 forecasts published by Global Water Intelligence (GWI). GWI’s market research linked this growth to a recovering global economy, high commodity and oil prices, and major water quality and infrastructure plans such as those in Saudi Arabia, China, and Southeast Asia aimed at improving wastewater treatment and incentivising private finance in water.

  4. DNV GL Secures Shell Penguins Contract

    DNV GL has won a cross-service contract to support Shell's Penguins Field redevelopment on the UK Continental Shelf.

  5. Eni Announces The Approval Of The Development Plan For Area 1 Discoveries Offshore Mexico

    Eni announces that Mexico’s National Hydrocarbon Commission (Comisión Nacional de Hidrocarburos, CNH) approved yesterday the Development Plan (PoD) for the discoveries of Amoca, Miztón and Tecoalli, located in Area 1 (Eni 100%), in the shallow waters of the Campeche Bay.

  6. Aker BP Acquires Licence Portfolio From Total

    Aker BP has entered into an agreement with Total E&P Norge to acquire its interests in a portfolio of 11 licences on the Norwegian Continental Shelf for a cash consideration of USD 205 million.

  7. Northern Oil And Gas, Inc. Announces The Largest Acquisition In The Company’s History And Preliminary Second Quarter 2018 Production In Excess Of 21,000 Boe Per Day

    Northern Oil and Gas, Inc. announced recently that it has entered into a definitive agreement with W Energy Partners for the largest acquisition in Northern’s history. At closing, the acquisition will represent approximately 6,750 barrels of oil equivalent (Boe) per day of production and 10,600 net acres in the core of the Williston Basin.

  8. Fairfield Geotechnologies Wins Two Processing Contracts

    Fairfield Geotechnologies proudly announces that it has been awarded two significant processing projects in core areas. The first project, scheduled for November, 2018 delivery, is 67 OCS blocks of reverse time migration in the Gulf of Mexico.

  9. LUKOIL Starts Installation Of Wellhead Platform Substructure At The Vladimir Filanovsky Field

    LUKOIL completed transportation and started installation of the substructure for the wellhead platform (mini offshore ice-resistant fixed platform) at the Vladimir Filanovsky field in the Caspian Sea.

  10. API Welcomes Senate Action To Increase Certainty In Pipeline Permitting Process

    API welcomed action today by Senate Environment and Public Works Committee Chairman John Barrasso, R-Wyo., along with Sen. Shelley Moore Capito, R-W. Va., Sen. Steve Daines, R-Mont., and Sen. James Inhofe, R-Okla., to introduce the Water Quality Certification Improvement Act of 2018.