Jubilant turns to Jain as new CEO
India-focused exploration firm Jubilant Energy has named Rakesh Jain as its intended new chief executive for an initial three-year term.
India-focused exploration firm Jubilant Energy has named Rakesh Jain as its intended new chief executive for an initial three-year term.
Technip and DOF have landed a £1.1billion deal to provide new pipelay vessels and operations for Petrobras after winning eight contracts with the Brazilian state oil giant.
Leni Gas and Oil says it has made the first sale from its new tank at Trinidad's Goudron field after increasing capacity at the site as it looks to reactivate dozens of wells on the island.
Anglo-Turkish exploration firm Genel is to farm into the Adigala block in Ethiopia after agreeing a deal for a 40% stake in the site.
Caribbean-focused exploration group Trinity says it is preparing to spud two wells in the next few weeks as it looks to tap into as much as 45million barrels of new resources.
Aberdeen-based Dundas Consultants said yesterday it had signed deals worth more than £350,000 in recent months.
David Cameron has insisted that the whole of the country should accept fracking, claiming the controversial method of extracting gas will attract “real public support” when the benefits are explained.
Oil services company Sparrows said yesterday strong profits and turnover last year had laid the foundations for an even better 2013.
Gas production at the Oselvar field has been shut down just days after it returned to action - and could be out of action until the end of September.
SPX has landed a $40million deal to prove pumps for two new oil platforms in the North Sea.
French energy giant GDF Suez is to take over Balfour Beatty's facilities arm - which runs power stations across the UK.
Hungary has invited offers for oil, gas and geothermal exploration in a bid to cut its dependence on energy imports, the national development ministry has announced.
Global energy use experts have reduced their forecast of the amount of oil to be used per day around the world by 2014 - but still predict it will top 1.1million barrels per day.
Safety officials say debris has now been cleared from the gas well which blew out and led to a two day rig blaze in the Gulf of Mexico.
Oil and gas training and services supplier AquaTerra is to expand its presence in Ghana following rapid growth in the country.
A partnership between Norwegian subsea entrepreneur Ocean Installer and US offshore engineering group McDermott has been scrapped after less than a year.
Independent exploration firm Faroe Petroleum has snapped up a 10% stake in BP's East Foinaven field.
Ultrasonic-inspection firm Sonomatic said yesterday it planned to recruit 20 people after launching a new division.
North-east firm Ferguson Group has posted a 10% rise in turnover thanks to growing international demand.
Oil and gas logistics specialist Asco said yesterday it would be back on the acquisition trail this year to fuel further international expansion.
Britain would be “making a big mistake” if it did not seriously consider fracking and the prospect of cheaper gas prices, the Prime Minister has said.
ConocoPhillips will sell all of its Clyden oil sands interest to Imperial Oil and ExxonMobil Canada for approximately $720million (£464million), the company announced today.
Brazilian operator Petrobras has extended the contract of the pipe-laying vessel Skandi Vitoria for another two years.
Iran’s biggest tanker company says it increased its supertanker fleet by 23% this year despite international nuclear sanctions on oil exports in the country.
Spanish engineering group Tecnicas Reunidas are to develop the first phase of the delayed Touat gas field in southwest Algeria.