Oil, Gas and Shale
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Rolta Names PTT-ICT as Authorized Distribution Partner for Rolta OneView® Enterprise Suite

May 31, 2016

Rolta has appointed PTT ICT Solutions Company Limited in Thailand as its authorized distributor to provide Rolta OneView™ solutions to the PTT Group. PTT has operations in 11 countries including Europe and Australia. Rolta OneView™ Enterprise Suite is a comprehensive

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CUI Global Commissions Its New GasPT® Solutions at LNG Import Terminal in Europe

May 26, 2016

CUI Global, Inc.‘s energy subsidiary, Orbital Gas Systems Ltd., has successfully commissioned further GasPT® solutions to the largest liquefied natural gas (LNG) import terminal in Europe. Orbital was awarded this work directly from the terminal operator. The demand for fast

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Oil Search and Total Sign Agreement Regarding Acquisition of InterOil’s Assets, Papua New Guinea

May 24, 2016

Oil Search Limited and Total SA have entered into an exclusive memorandum of understanding (MOU) following Oil Search’s agreement to acquire InterOil Corporation. Oil Search will sell down 60 percent of InterOil’s interests in PRL 15 and 62 percent of

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France-Based Technip Signs $13 Billion Merger Deal with FMC Technologies

May 24, 2016

France based oil services firm Technip has signed $13bn merger deal with the US subsea equipment supplier FMC Technologies to improve its balance sheet amid a slump in oil prices. The companies agreed to merge and create a combined company,

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Forum Energy Delivers Nine Subsea PLR Systems to North Africa

May 24, 2016

Forum Energy Technologies has delivered a number of its largest subsea Pig Launchers and Receivers (PLRs) and laydown heads to a project in North Africa. The nine PLRs have been deployed as part of a development of nine subsea wells,

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ContourGlobal Inaugurates KivuWatt Power Plant in Kibuye, Rwanda

May 23, 2016

ContourGlobal has inaugurated its KivuWatt power plant in Kibuye, Rwanda, on the shores of Lake Kivu, in the presence of Rwanda’s H.E. President Paul Kagame, James Musoni, Minister of Infrastructure and Jean Bosco Mugiraneza, CEO Rwanda Energy Group. ContourGlobal was

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Sound Energy Plans Remedial Work at Nervesa Gas Field to Increase Production, Italy

May 20, 2016

Sound Energy PLC has told investors that the Nervesa gas well is expected to be shut-in so that remedial work can be carried out. The company said a second static profile assessment of the Nervesa reservoir has been carried out,

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Norway Awards Oil and Gas Exploration Licenses to 13 Companies, Barents Sea

May 20, 2016

Norway has awarded new licenses for oil and gas exploration in 40 blocks in the Barents Sea to energy companies in the 23rd licensing round. Awarded by the Norwegian Ministry of Petroleum and Energy, the ten new licenses have been

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Construction Begins on $1.8 Billion Trans Adriatic Pipeline Project in Greece

May 20, 2016

Construction has started on $1.8bn Trans Adriatic Pipeline (TAP) project, a part of Southern Gas Corridor infrastructure project, in Thessaloniki, Greece. The 870km pipeline project is intended to allow gas transportation to the Italian market via Georgia, Turkey, Greece, Albania

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Union Jack Oil Set for More Acquisitions to Bolster UK Oil and Gas Portfolio

May 18, 2016

Union Jack Oil PLC expects more acquisitions to further bolster its portfolio of onshore UK oil and gas assets. Underpinning its plans is a stake in the Wressle field, where production is set to begin in the second half of

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