UK independent Arenite Petroleum is seeking investors to help it drill a proof-of-concept horizontal well into UK Permian carbonates, as well as test an underlying Carboniferous strata. The move, which will target two horizons in the Permian carbonates…
Energean has closed its deal with Delek Group, Avner Oil Exploration, and Delek Drilling for 100% stake in the I/16 Tanin and I/17 Karish leases, offshore Israel, paving the way for Energean to stick to its plan of first oil at the two fields in 2020…
North Sea explorer Independent Oil and Gas has seen an increase in resource estimates on two southern North Sea prospects, Elgood and Harvey, following 3D seismic reprocessing work. Harvey, initially thought to be one discovery and a nearby prospect are now thought to be linked…
Carnarvon has updated resource estimates for the Roc, Phoenix, and Phoenix South areas in the WA-435-P and WA-437-P permits, offshore Australia. “Our resource estimates are based on the successful drilling results to date and a foundation…
Woodside Petroleum's board of directors has appointed former Australian politician Ian Macfarlane as an independent non-executive director, effective 14 November. Woodside chairman Michael Chaney said Macfarlane is held in high regard…
Emerson Automation Solutions and IPRES (Integrated Petroleum Resource and Economic Service), a Norwegian provider of advanced software tools and services to the upstream oil and gas industry, have agreed to collaborate. Under the terms of the agreement…
Cypriot firm Ocean Energean Oil and Gas is to buy 100% interest in the Tanin and Karish fields in the Mediterranean Sea, offshore Israel, for US$148.5 million. Delek Group, Avner Oil Exploration and Delek Drilling have agreed to sell their 26…
Gloucestershire-based Arc Energy Resources, the weld overlay cladding and fabrication company, has acquired precision machining company CLG Engineering, based in Stonehouse, Gloucestershire. Arc Energy Resources provides corrosion-resistant weld overlay cladding services…
Fluor Corp. company Stork, was awarded a two-year fabric maintenance and asset support services contract by Repsol Sinopec Resources UK across six of their North Sea assets. Fluor booked the undisclosed contract award in Q2. Stork will…
Norwegian private equity outfit HitecVision has merged three of its exploration and production companies into one firm, Point Resources. Point Resources combines Core Energy, Spike Exploration and Pure E&P and has US$300 million in new…
CGG become one of the few firms to be registered by Mexico’s National Hydrocarbons Commission (CNH) as an independent third party qualified to audit and certify Mexico’s reserves, either for oil and gas operators or directly for the CNH. CGG…
Sweden-based PA Resources reported that the company's wholly owned subsidiaries, PA Resources Tunisia, Hydrocarbures Tunisie Didon, Hydrocarbures Didon Jersey and Hydrocarbures Tunisie Corporation, have executed a sale and purchase agreement with ETAP…
Significant hydrocarbon potential has been outlined in the south Porcupine offshore Ireland, according to initial results of a collaboration project between operator Providence Resources and oilfield services firm Schlumberger. Two firms…
The Norwegian Petroleum Directorate’s (NPD) updated estimate for undiscovered resources shows that the total remaining resources on the Norwegian shelf can provide a basis for oil and gas production for decades to come. Image of the Johan Sverdrup…
Kosmos Energy says its Greater Tortue Complex offshore Mautitania has the potential to create a new 'world-scale' LNG development, following the results of its latest appraisal well. The firm said the results of its Ahmeyim-2 appraisal well…
