Oil And Gas Industry News

The latest upstream oil and gas news from around the world.

InterOil Updates on Drilling Program in PPLs 475 476 in Papua New Guinea

InterOil provides an update on its current drilling program in permits PPL 475 and PPL 476 in Papua New Guinea

Key in Talks for More Exploration Development Work in EP437 in Perth Basin

Key Petroleum is in discussions for further exploration and development activities in permit EP437 in Perth Basin Western Australia

Swala Concludes 2D Seismic Acquisition in Tanzania s Pangani License

Swala Energy concludes 2D seismic acquisition program over the Moshi Basin in the Pangani license in northern Tanzania

KrisEnergy Formally Takes Over as Operator of Cambodia s Offshore Block A

KrisEnergy receives official approval to take over as operator of offshore Block A in Cambodia and plans to submit a revised development plan soon

Swissco Completes Acquisition of 4 Mobile Offshore Production Units

Swissco completes acquisition of four mobile offshore drilling units

BP Oman Awards 730M Drilling Contracts for Oman s Khazzan Project

BP Oman awards two long term drilling contracts valued at over 730 million for the Khazzan project in Block 61 in Oman

Maze Of Federal Oversight Impedes North Dakota s Anti Flaring Push

North Dakota s oil producers will struggle to comply with aggressive rules taking effect designed to curb the wasteful burning of natural gas hindered by lengthy federal reviews of crucial pipelines

Oil Falls As Bearish Trend Continues Saudi Lowers Prices

Oil prices fall toward 94 a barrel continuing a three month losing stretch as weak economic signals from China and Europe and ample global supply continue to weigh

Republicans Craft 2015 Plan To Force Obama s Hand On Keystone

Republicans plan to put approval of the Keystone XL pipeline on a fast track if they win a US Senate majority in November forcing President Obama to make a tough call on the controversial plan

US Grants First Medal On Energy To Oil Historian Yergin

As the US drilling boom helps drive global crude prices to two year lows the Obama administration has awarded the country s first medal for energy security to Daniel Yergin

Perryman Barnett Shale Production Adding Jobs Fueling Texas Growth

An economist provides data on job and economic growth from the Barnett Shale in North Texas

Noble Excited Over Falklands Drilling Despite Scotia

Despite its declaration of the Scotia well to be non commercial Noble Energy is excited about its upcoming exploration plans offshore the Falkland Islands

Greece Expects To Sign Major Oil Test Drilling Contracts By October 2015

Greece expects to sign contracts for the first large scale oil test drilling in its western and southern waters by October 2015 ministry officials say

University of Pittsburgh Offers Safety Engineering Certificate Program

Safety engineering is the focus of a new certificate program offered at the University of Pittsburgh for graduate students

Oil Exploration Makes A Tentative Return To Alsace Region

Sustainably high oil prices have lured small oil explorers back to Alsace the cradle of the French oil exploration industry that gave birth to corporate giants such as Schlumberger

Gulf Keystone Says Has Returned All Staff to Iraqi Kurdistan

Gulf Keystone Petroleum has returned all staff to its operations in Iraqi Kurdistan after evacuating international contractors from the region amid escalating violence in August

Stalled Kashagan Hampers Kazakhstan s Oil Output Growth

Kazakhstan expects its oil production to stay around 2013 levels until 2016 when it hopes to restart the giant Kashagan oilfield halted by an industrial accident a senior Kazakh official says

Dragon Oil Enel Secure 2 Exploration Blocks in Algeria

Dragon Oil and Enel secure two exploration blocks the Tinrhert Nord Perimeter and Msari Akabli Perimeter in Algeria

Swire Takes Delivery of Pacific Legend PSV from JMUC in Japan

Swire Pacific Offshore takes delivery of the Pacific Legend platform supply vessel from Japan Marine United Corporation s Maizuru shipyard in Kyoto Japan

Vallianz Acquires Offshore Manpower Services Firm OER for 27 7M

Vallianz Holdings acquires Singapore based OER Holdings an offshore industry manpower services provider for 27 7 million

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