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Tendeka, a provider of completions systems and services to the upstream oil and gas industry, has finalised an exclusive agreement with Brastech Serviços Téchnicos E Construçoes Náuticas LTDA (Brastech) as it expands within the South American market. Founded in 1972, Brastech has represented Brazilian and overseas companies within the energy sector ... more

Source Feed: Your Oil and Gas News

Tampnet, the leading provider of high-capacity, low-latency based telecommunication infrastructure and services for the offshore oil and gas industry, announced today that they have been awarded a contract by Statoil for connecting the Johan Sverdrup field to their existing 2500km subsea fibre infrastructure in the North Sea. This contract and turn-key ... more

Source Feed: Your Oil and Gas News

Otto Energy is pleased to announce that it has entered into binding agreements to raise US$8.2 million via an issue of secured convertible notes. Terms have been agreed with Molton Holdings, a major Otto shareholder, who will subscribe for convertible notes with an aggregate face value of US$8 million and Mr John Jetter, Otto's Chairman, who will subscribe for ... more

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ExxonMobil is making great strides forward in the Stabroek block. Now the government wants more majors to join the rush to develop the country's offshore resources, writes Ryan StevensonWHAT: Consideration is being given to natural gas monetisation and the development of a local services industry. WHY: Exxon is pushing ahead ... more

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Bibby Offshore, a leading subsea services provider to the oil and gas industry, has been awarded a significant contract with TAQA for subsea construction works in the Eider field, located 184km north-east of Shetland. With offshore operations to be completed this summer, the six month contract will see Bibby Offshore adopt a multi-vessel approach, ... more

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Restrata, a global leader in safety and security consultancy and training services, has appointed Craig Menzies to head up its UK emergency response and crisis management business, which includes the state-of-the-art Incident Management Centre (IMC) in Aberdeen. Since joining the company in 2013, Mr Menzies has worked as a senior project manager, ... more

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Yokogawa Electric Corporation (TOKYO: 6841) announces that its subsidiary, Yokogawa Electric Korea, has received an order to supply an analyzer package solution for the Liwa Plastics Industries Complex, which is being built for Oman Oil Refineries and Petroleum Industries Company (Orpic), a company owned and operated by the Oman government.The Liwa Plastics ... more

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On 23-24 September 2017, SCF Group (PAO Sovcomflot) held its 16th annual Business Partners Meeting, which this year took place in Moscow.About 200 delegates attended, from organisations including: major Russian and international oil & gas companies; Russian ministries and governmental agencies; investment and finance; insurance, legal and other specialists ... more

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Australian geoscience company Frogtech Geoscience released the North Atlantic Regional SEEBASE® Study and GIS, a new comprehensive regional study of basement architecture in the North Sea and the North Atlantic conjugate margins of Norway, Greenland, UK and Ireland.The unique SEEBASE model visualises basement topography at the geologically complex Baltica-Avalonia-Laurentia ... more

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Petrobras informs that yesterday its Executive Board approved the execution of a Term Sheet with Carioca Engenharia, providing for a set of integrity obligations for this company, to enable the removal of the provisional ban imposed by Petrobras since December 29, 2014, as disclosed to the market on that date and to allow Carioca Engenharia to resume participation ... more

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Now exactly one year past bottom of rig count Baker Hughes (ticker: BHI) released its weekly rig count today, showing an increase in active U.S. rigs for the nineteenth- straight week. After breaking 900 for the first time since 2015 last week, American rigs continued their growth this week, ending at 908 active rigs. A total of 504 more rigs[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, crude oil news, natural gas news

60 wells will be drilled EP Energy (ticker: EPE) and Tesoro (ticker: TSO) announced a drilling joint venture in the Uinta basin this week, supporting EP’s Altamont program. The joint venture will provide for a 60 well drilling program, a significant acceleration of EP’s operations in the area. From Q1 2016 through Q1 2017 EP completed 18 wells in the[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, crude oil news

9,600 wells came online in March The Railroad Commission of Texas released oil and gas production statistics this week, outlining hydrocarbon production in March. Preliminary figure indicate production is down compared to this time last year. Oil production in March was 77.3 MMBBL, compared to 87.2 MMBBL in March 2016. Natural gas production was 608 Bcf, down from the 710[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, crude oil news, natural gas news

Russia’s Novak suggests Russia has more room for deeper cuts Crude oil prices fell more than 5% Thursday after OPEC extended a production cut deal which had originally help to buoy oil prices above $50 per barrel. The extension will see the group continue to leave 1.2 MMBOPD of production in the ground for an additional 9 months, a decision[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, commodity pricing, crude oil news, international, opec, oil prices, production cuts, russia

The Baker Hughes Inc. US rig count’s 19th straight weekly increase came by way of Colorado and gas-directed rigs instead of the usual lift from Texas and oil-directed rigs.

Source Feed: Drilling and Production News
Categories: eagle ford, permian basin, woodford shale, drilling operations, drilling production, bakken shale, niobrara, unconventional resources

Oil and gas producers in Canada face new controls on methane emissions under regulations proposed May 25 by the federal government.

Source Feed: Drilling and Production News
Categories: general interest, drilling production, hse, production operations, government

Sitton is Texas Railroad Commission’s first engineer in 50 years Texas Railroad Commissioner Ryan Sitton met with 100 senior level oil and gas executives in Houston this week for An Energy Evening. Sitton was elected to the Railroad Commission in 2014 and is the first engineer to serve on the Commission in 50 years. Texas shale plays have led to a dramatic[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, crude oil news, people, regulatory, rrc, ryan sitton, texas railroad commission

Asian LNG spot prices have fallen due to a lack of significant new demand from the Middle East and others as supplies emerged from Papua New Guinea, Angola, Abu Dhabi and Russia.

Source Feed: Rigzone.com: Latest News Headlines


A new report from the International Renewable Energy Agency found that despite a tough oil and gas climate, jobs in renewables increased in 2016.

Source Feed: Rigzone.com: Latest News Headlines








U.S. has brought into its refineries crude oil from 80 nations In the past 30 years the U.S. has imported more than 91 billion barrels of oil, drawing from a large variety of sources. The EIA began carefully tracking American oil imports in 1986, meaning there is now now a significant amount of historical data. From 1986 to 2016 the[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, crude oil news, international

Venture Global LNG has raised additional capital of $81.4 million in its sixth round of equity investment to capitalize its two proposed LNG export projects in south Louisiana. The recent offering, a private Reg. D transaction, brings the company’s aggregate funding total to $361 million, the company said in a statement. Venture Global’s two Louisiana projects The company has proposed two LNG export[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, finance, lng, calcasieu pass, plaquemines lng, venture global lng

OPEC will keep cuts for nine more months The Organization of Petroleum Exporting Countries announced Thursday that it will extend production cuts for nine more months, through the end of Q1, 2018. Oil prices dropped more than 5% on Thursday following the prior few days’ news that the deal would continue. That bit of positive news in the past couple[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, commodity pricing, crude oil news, natural gas news, opec, inventories, oil prices, opec cuts

Houston producer EP Energy Corp. and San Antonio refiner Tesoro Corp. have formed a joint venture to fund a 60-well oil and gas development program in EP Energy’s Altamont program in the Uinta basin of Utah.

Source Feed: Drilling and Production News
Categories: drilling production, refining, processing, drilling operations

Recommendation echoes member country suggestions OPEC appears ready to approve extending cuts beyond the current June expiration date, based on pronouncements by several groups. The Joint Ministerial Monitoring Committee, a group composed of representatives from OPEC and non-OPEC nations, recommended a nine-month extension today, according to a releases by the group. The JMMC reports that overall OPEC is in 102%[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, crude oil news, opec

America’s main energy export destination sees increased growth The Federal Reserve Bank of Dallas has released its Mexico Economic Update, outlining the current situation of the U.S.’s primary energy export destination. The Mexican economy showed solid growth in Q1 2017, with GDP rising by a 2.4% annualized rate. This growth was achieved despite higher inflation, interest rates and uncertainty over[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, mexico

Ineos AG has agreed to acquire DONG Energy AS’s oil and gas business for an unconditional payment of $1.05 billion plus contingent payments of $150 million related to the Fredericia stabilization plant and as much as $100 million subject to development of Rosebank field.

Source Feed: Drilling and Production News
Categories: general interest, drilling production, companies, production operations

EOG Resources Inc., Houston, and global alternative asset manager Carlyle Group LP have formed a combine for development of EOG’s oil and gas assets in Ellis County, Okla.

Source Feed: Drilling and Production News
Categories: general interest, drilling production, companies, drilling operations

Petroleo Brasileiro SA (Petrobras) started deepwater production through the P-66 floating production, storage, and offloading vessel in Lula South field from the Brazilian presalt of the Santos basin in 2,150 m of water on May 17, said Royal Dutch Shell PLC subsidiary BG E&P Brazil.

Source Feed: Drilling and Production News
Categories: field start ups, drilling production, production operations

Oil Search Ltd., Sydney and Port Moresby, has exceeded its oil and natural gas production targets for 2016, recording the company’s highest levels in 80 years.

Source Feed: Drilling and Production News
Categories: drilling production, production operations

WildHorse Resource Development Corp. (WRD), Houston, has agreed to acquire 111,000 net acres and associated production from Anadarko Petroleum Corp., The Woodlands, Tex., and affiliates of New York City private equity firm KKR & Co. LP for $625 million.

Source Feed: Drilling and Production News
Categories: general interest, eagle ford, companies, drilling operations, unconventional resources, drilling production, unconventional resources, production operations

Eni SPA has started production from the integrated oil and gas development project on the Offshore Cape Three Points (OCTP) block 60 km offshore western Ghana.

Source Feed: Drilling and Production News
Categories: field start ups, drilling production, production operations

Every oil and gas facility has the potential to be hampered by the problem of NORM (short for Naturally Occurring Radioactive Material), especially during phases of decommissioning. To fully understand NORM, first take note that it can be broken down into various waste streams. For example… There is NORM waste which is contaminated with other […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: chemicals, marine & offshore, mechanical, minerals, oil & gas, safety, tech, technology

Health is our most treasured possession. It does not last forever, yet most of us make the mistake of living like it will. It is not until we lose our health that we seek diligently to regain it. Sadly at that point, it’s most often too late, and it always has a cost of time, […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: best in class, business, culture, finance, health & wellness, leadership

Businesses are changing with the times, and there’s a new space for working in unique and creative ways. We’re in the clouds, we’re in the field, we’re out of the office. Many small businesses no longer even have offices because digital communication and infrastructure is superior and unlimited. The world as we know it … […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: accommodations, business, hotels, travel

Oil producing regions are experiencing a major downturn in the economy. The last few months have been challenging for all business sectors, and anyone reliant on oil revenue (and in Newfoundland that’s just about every one of us) has felt the pinch in some capacity. Managing your reputation in this business climate has never been […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: best in class, business

In the world of business, computers have become the foundation of how we live and work. Sitting at a desk all day is probably the worst thing we could to ourselves; It seizes up the muscles, makes the body weak and complacent, and eats away at our flexibility and posture. It’s not what we want, […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: best in class, human resources, personal development, sports

THE WINNERS ARE: TECHMATION ELECTRIC & CONTROLS, STEP ENERGY SERVICES, CROSBIE SALAMIS LTD, COUGAR HELICOPTERS, THE OGM SAFETY RESULTS AWARD WINNER: Techmation Electric & Controls Ltd. Techmation Electric & Controls Ltd. provides a complete range of electrical and instrumentation services throughout Western Canada. Techmation is committed to achieving stellar performance and giving value to their […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: aviation, best in class, human resources, oil & gas, safety, tech, technology

Petrotechnical Data Systems (PDS) is one of the biggest providers of software solution developers in the field of oil and gas industries. They recently unveiled a new Open Source Technology termed Wellsite Information Transfer Standard Markup Language (WITSML) for Energistics. Launched under the open Apache License, there are two categories of the software: the PDS […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: best in class, products & services, tech, technology

The FleetLink system from Atlas Copco supports the construction and oil and gas industry. It is offered in two packages, the FleetLink Advanced, intended for large pavers, including asphalt and large soil rollers, up to highway class pavers and the standard FleetLink for small pavers. Both packages are offered free of cost with the purchase […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: construction, products & services, tech, technology

The CMC Research Institutes are aiding the NRG COSIA Carbon XPRIZE for a $20 million global competition. The competition is aimed towards finding technologies that can successfully convert Carbon Dioxide emissions into high-value products. This is highly contextual in today’s world, where air pollution in major cities all over the world is a growing concern […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: business, global citizenship, resources, tech, technology

When an industry faces a harsh downturn for two years, there is a critical need gain efficiencies, optimization and reliability.  That’s a global trend. And in the coatings industry its leading minds that have come up with optimal gains that support sustainable long-term cost reductions and higher efficiency. Replacement and repair of damaged equipment are […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: drilling, exploration & production, liquefied natural gas, marine & offshore, oil & gas, oil sands, pipelines, tech, technology, transportation & logistics

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