MX Oil announced a number of amendments to its joint venture agreement with its local partner Geo Estratos (Geo), which include an increase in MX Oil's interest in any concessions or exploration and production contracts to 55% from 51%鈥
The International Well Control Forum (IWCF) appointed David Conroy as its first chief technical officer (CTO). Based at the organization鈥檚 UK headquarters, Conroy will be developing this new role to lead changes to the technical aspects of IWCF鈥檚 services鈥
In a new two-part study, Wood Mackenzie explores the implications of the current low oil price for upstream fiscal terms. Governments dependent on oil taxation income are wrestling with lower oil revenues for public spending and pressure from oil and gas companies for more lenient terms鈥
North Sea-focused Independent Oil and Gas (IOG) signed a sale and purchase agreement to acquire the 50% of license P1609 containing the Skipper discovery from Alpha Petroleum Resources (Alpha). This transaction will result in IOG鈥檚 independently verified 2C resources increasing by 13鈥
BOURBON completed laying 30 tons of submarine cable as part of the Sabella D10 project off the island of Ushant, part of Brittany, France. The cable will link the Sabella D10 tidal turbine to the Ushant power grid. Utilizing a Falcon series ROV and the support vessel Argonaute鈥
KPMG Corp. Finance recently advised on the sale of a precision engineering specialist in the oil and gas industry. KPMG advised Vine Street Capital and the management of Lymington Precision Engineers on its sale to Senior, an international manufacturing group鈥
Paragon 云顶赌场老虎机 announced that Alejandra Veltmann has joined the company as vice president and chief accounting officer reporting to Steven A. Manz, Paragon's senior vice president and CFO. Veltmann will be responsible for overseeing corporate accounting and financial reporting鈥
LLOG Exploration and its partners Ridgewood Energy and Stone Energy Corp. drilled a successful exploration test at the Viosca Knoll 959 鈥淐rown & Anchor鈥 prospect. The initial exploratory well encountered greater than 50ft of net oil bearing sand in a high-quality Miocene reservoir鈥
International marine and offshore engineering consultancy Aqualis 云顶赌场老虎机 established an office in Aberdeen, Scotland. 鈥淲e know that job cuts currently is a common theme in the oil industry, but we are taking a long-term approach鈥
Producing oil and natural gas safely and responsibly in the Arctic will strengthen America鈥檚 economy and national security, API said in comments to proposed regulations for operations offshore Alaska. 鈥淧roducing more energy here at home creates new job opportunities and makes us more secure鈥
Applus RTD, provider of integrity technology services, will open an office in Corpus Christi, Texas following increased demand for its non-destructive testing (NDT) services from the region鈥檚 energy industry. The new office adds鈥
India鈥檚 petroleum minister Shri Dharmendra Pradhan led a delegation to Mexico and Colombia this week to meet with officials in each country in hopes of transforming the relationship among the three countries from 鈥渂uyer-seller鈥 to an 鈥渆nergy partnership鈥
National Ocean Industries Association (NOIA) president, Randall Luthi, joined API鈥檚 Jack Gerard and IADC鈥檚 Stephen Coleville this morning to discuss improvements in offshore safety since the Macondo Well accident five years ago. Luthi鈥檚鈥
Less than one year into his tenure as the President and CEO of KBR, Stuart Bradie will spend up to US$1 billion to streamline and reorganize the energy engineering and construction giant following the results of a strategic review he initiated in June鈥
Belden Inc. released new research that shows the recently revealed Dragonfly (Havex) malware is likely targeting the pharmaceutical sector, not the energy sector as previously believed. Belden says until now, advanced cyber-attacks against鈥
