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Xodus wins subsea contract with Apache

Xodus Group has won a contract with North Sea operator Apache to deliver subsea engineering services for two new infill well developments at the Nevis and Skene fields in the Northern North Sea. The project includes a novel idea of designing and fabricating spools with no requirement for metrology ...

OilVoice Press


Posted 12 hours agoPress > Xodus GroupApache Corporation

Trump Says U.S. Should Have Stolen Iraq’s Oil, ‘Maybe We’ll Have Another Chance’

While addressing the CIA on Saturday, President Donald Trump took a break from lambasting the media to remind everyone that he thinks the U.S. should have stolen Iraq's oil. He made the argument numerous times on the campaign trail, suggesting that the U.S. could take Iraq's oil while fighting IS ...

OilVoice Press


Posted 14 hours agoLink > Donald TrumpIraq

Ascent Resources flare Pg-10 well

  Operational update - Well Pg-10   The Board of Ascent is pleased to update shareholders that the additional wireline operations at well Pg-10 have been successfully completed.    The service team cleared debris from the well and perforated the production tubing at a depth of 3,102 met ...

OilVoice Press


Posted 14 hours agoPress > Ascent Resources

Rose Petroleum announce Operations update

  Operations update  Rose Petroleum plc (AIM: ROSE), the AIM quoted natural resources company, is pleased to provide an update on the operational activity currently taking place within the Group.  The executive team is currently working on three major fronts: Oil and Gas, Mining and Exploratio ...

OilVoice Press


Posted 14 hours agoPress > Rose Petroleum

BP’s Juniper platform sets sail for offshore Trinidad

BP Trinidad and Tobago LLC (bpTT) today announced that the new Juniper offshore platform has begun its journey towards the southeast coast of Trinidad where it will be installed as bpTT's 14th offshore installation. The Juniper project is a US$2 billion investment in Trinidad and Tobago and one of ...

OilVoice Press


Posted 14 hours agoPress > BPTrinidadJuniper platform

Canadian Court Rejects Attempt to Enforce Fraudulent Ecuadorian Judgment Against Chevron Subsidiary

A Canadian court has ruled that the fraudulent Ecuadorian judgment against Chevron Corporation cannot be enforced against Chevron Canada Limited, an indirect subsidiary. The court found that Chevron Canada Limited is a separate entity from Chevron Corporation, not a party to the Ecuadorian lawsuit ...

OilVoice Press


Posted 14 hours agoPress > LegalChevronEcuador +1

Shell to Sell stake in Sadaf Chemicals joint venture in Saudi Arabia to Sabic

Shell and SABIC have signed an agreement whereby SABIC will acquire Shell's 50% share in the petrochemicals SADAF joint venture, located in Jubail, Kingdom of Saudi Arabia for $820 million. The SADAF joint venture encompasses six world-scale petrochemical plants with a total output of more than 4 m ...

OilVoice Press


Posted 14 hours agoPress > ShellSadaf ChemicalsSaudi Arabia +1

SNE-5 appraisal well offshore Senegal starts drilling

Drilling the SNE-5 well offshore Senegal started on Saturday 21 January, 2017.  SNE-5 and SNE-6, to be drilled by the Stena DrillMAX, are located in the southern area of the SNE oil field. Oil flow and interference testing will evaluate the deliverability and connectivity of the SNE upper reservo ...

OilVoice Press


Posted 14 hours agoPress > SNE-5SenegalFAR

TGS announces Atlantic Margin 3D multi-client project in Norway

TGS announces its first new multi-client acquisition project in 2017, AM17 Atlantic Margin 3D in the Norwegian Sea. AM17 is a 40,000 km2 project in the central-southern Norwegian Sea. The project is the single largest 3D survey carried out by any company in Northern Europe and covers largely open ...

OilVoice Press


Posted 14 hours agoPress > TGSNorwayAtlantic Margin

CNOOC Limited Announces its 2017 Business Strategy and Development Plan

CNOOC Limited (the "Company") (SEHK: 00883, NYSE: CEO, TSX: CNU) today announced its business strategy and development plan for the year 2017. The Company's net production target for 2017 is in the range of 450 to 460 million barrels of oil equivalent (BOE), of which approximately 64% and 36% are pr ...

OilVoice Press


Posted 4 days agoPress > CNOOC

Lundin Petroleum announces its 2017 budget and updated reserves and contingent resources

  Lundin Petroleum AB (Lundin Petroleum) is pleased to announce its 2017 development, appraisal and exploration budget which totals USD 1.3 billion. Lundin Petroleum is also pleased to announce that as at 31 December 2016 its proved plus probable working interest reserves (reserves) are 743.5 mil ...

OilVoice Press


Posted 4 days agoPress > Lundin PetroleumSweden

Azinor Catalyst moves forward with planned 2017 well on its Partridge Prospect, UK North Sea

Azinor Catalyst (“Catalyst”), the Seacrest Capital Group-backed E&P company focused on the United Kingdom Continental Shelf (“UKCS”), is pleased to announce that it has initiated a tendering process to carry out a site survey on one of its UK North Sea licences in preparation for drilling later in ...

OilVoice Press


Posted 4 days agoPress > Azinor CatalystPartridge ProspectNorth Sea

Sound Energy Successful TE-7 Extended Well Test

  Sound Energy, the African and European focused upstream gas company, is pleased to confirm a successful extended well test at TE-7, the Company's second well at the Tendrara licence (onshore Morocco).   The Company has  flowed just under 1.0 Bscf from TE-7 over a period of 56 days continuous fl ...

OilVoice Press


Posted 4 days agoPress > Sound EnergyMoroccoExtended Well Test

Oil price, Faroe, SDX Energy, And finally…

Oil price Both the Saudi Oil Minister and the head of Saudi Aramco were on their hind legs at Dav-oh yesterday, the former saying that the US supply infrastructure was ‘decimated' and the latter confirming that the oil market would have re-balanced by the end of the first half. He also snuck in ...

OilVoice Press


Posted 5 days agoOpinion > Malcy's BlogFaroe PetroleumSDX Energy

Statoil awarded 29 new production licences on the Norwegian Continental Shelf

In connection with the Award in Predefined Areas (APA) for 2016 Statoil has been awarded interests in 29 exploration licences on the Norwegian continental shelf (NCS), 16 of these as operator, and 13 as a partner. “The NCS is the core of Statoil's business, and we are pleased with the awards in t ...

OilVoice Press


Posted 5 days agoPress > StatoilNorwegian Continental Shelf

ExxonMobil to Acquire Companies Doubling Permian Basin Resource to 6 Billion Barrels

Companies' assets include 250,000 acres in highly prolific Permian Basin Adds more than 3.4 billion barrels of oil equivalent, of which 75 percent is liquids Upfront acquisition cost of $5.6 billion to be paid in ExxonMobil shares Exxon Mobil Corporation (NYSE:XOM) said today it will more than ...

OilVoice Press


Posted 5 days agoPress > ExxonMobilPermian Basin

SKF and GE Oil & Gas sign collaboration agreement to develop use of active magnetic bearing applications

Collaboration agreement widens scope of use for active magnetic bearings for turbomachinery within the oil and gas sector  Luton, 18 January 2017: SKF and GE Oil & Gas have signed a non-exclusive, licence-based collaboration agreement, aimed at further developing the use of active magnetic bearing ...

OilVoice Press


Posted 5 days agoPress > SKFGE Oil & Gasmagnetic bearing applications

Statoil awarding service contracts for two Cat J rigs

Baker Hughes and Schlumberger will be awarded the contracts for integrated drilling and well services on the Cat J rigs Askepott and Askeladden. The rigs will perform work at Oseberg and the Gullfaks. Initially awarded for four years the contracts include options for two 2-year extensions. The co ...

OilVoice Press


Posted 5 days agoPress > StatoilNorwayCat J Rig +1

Faroe Petroleum awarded four new exploration licences in Norway

Four new exploration licences awarded in Norway   Faroe Petroleum, the independent oil and gas company focussing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that it has been awarded four new prospective exploration licences, ...

OilVoice Press


Posted 5 days agoPress > Faroe PetroleumNorwaylicence round

Angus Energy - Brockham oil field update

  Brockham oil field: Update Angus Energy plc. (the "Group") is pleased to confirm that, further to the 15 December 2016 announcement, site upgrade works to the production bunds are now complete and well intervention continues on site at Brockham. Accordingly, we anticipate the re-entry of t ...

OilVoice Press


Posted 5 days agoPress > Angus EnergyBrockham oil field