Pilot Energy says an independent expert confirms the potential for multi-million barrel oil discoveries in permit WA-507-P offshore Western Australia.
Source: Offshore
Pilot Energy Says Permit WA-507-P Off WA Holds Significant Oil Potential
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Oilex provides update on operations at its Cambay and Bhandut fields in India.
Source: Offshore
Oilex Updates on Operations at Cambay, Bhandut Fields in India
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After a year suffering the economic consequences of the oil price slump, OPEC is finally on the cusp of choking off growth in U.S. crude output.
Source: Offshore
After Year of Pain, OPEC Close to Halting U.S. Oil in Its Tracks
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Canada’s Pan Orient Energy makes a natural gas and condensate discovery at Akeh-1 exploration well in the Batu Gajah production sharing contract in Sumatra, Indonesia.
Source: Offshore
POE Finds Gas, Condensate at Akeh-1 Well in Sumatra's Batu Gajah PSC
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Australia Pacific LNG will defend itself over Tri-Star’s statement of claim in relation to a 2002 sale and purchase deed in coal seam assets in Queensland, Australia.
Source: Offshore
APLNG to Defend Itself Over Tri-Star's Legal Action in Queensland
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Trinity Exploration & Production Plc enters into an agreement to sell its interests in the WD-2, WD-5/6, WD-13, WD-14 and FZ-2 licenses, located onshore Trinidad, to Touchstone Exploration Inc.
Source: Offshore
Trinity E&P to Sell Onshore Assets
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TransCanada announces new job cuts, eliminating about 20% of its directors as slumping oil prices continue to take their toll on its customers, a spokesman says.
Source: Offshore
TransCanada To Cut More Management Jobs
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The Ministry of Hydrocarbons of the Democratic Republic of Congo grants Total E&P RDC, along with its joint venture partners, a 2 year extension for the country’s Block III license.
Source: Offshore
Total E&P RDC Granted 2 Year License Extension for Block III
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Stagnating rig productivity shows US shale oil producers are running out of tricks to pump more with less in the face of crashing prices and points to a slide in output.
Source: Offshore
US Oil Output Slide Looms as Shale Firms Hit Productivity Wall
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Sound Energy signs a memorandum of understanding with Schlumberger Oilfield Holdings Limited to work together across Europe and Africa.
Source: Offshore
Sound Energy Signs MOU with Schlumberger
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