Search results for: oil

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  • 4 February 2014
    Business & Finance

    Premier Oil announces that Simon Lockett, Chief Executive Officer, has notified the Board of his intention to step down. Lockett has agreed to remain Chief Executive Officer until a successor has been identified and appointed by the Board, to ensure a seamless transition. Lockett has also agreed to assist the Board in their deliberations with […]

  • 16 December 2014
    Business & Finance

    Canada’s Antrim Energy has determined that the Intended Offer received from Sound Oil to acquire the entire issued share capital of Antrim for shares of Sound Oil is not in the best interests of Antrim shareholders. Sound Oil announced its intention to launch a public offer for Antrim Energy in November. At the time, Antrim responded […]

  • 14 March 2012
    Business & Finance

    Murphy Oil Corporation announces the death of Chairman of the Board, William C. Nolan, Jr. Mr. Nolan died on March 12, 2012 at the Medical Center of South Arkansas in El Dorado following a brief illness. He was 72 years old. Nolan received his undergraduate degree from Yale University in 1961, and his law degree […]

  • 2 November 2016
    Business & Finance

    Danish oil company Maersk Oil posted a $145 million profit for the third quarter of 2016, an increase from $32 million profit achieved a year ago. The company said that the profit was positively affected by higher operational efficiency and lower costs. It reduced operating expenses excluding exploration by 21% to $468 million from $594 […]

  • 18 April 2013

    Australia’s independent oil and gas exploration company Tap Oil Limited has announced that the Company and Troy Hayden (the Company’s Managing Director and Chief Executive Officer) have agreed to a variation of  Hayden’s existing employment agreement, including and the renewal of his contract beyond the current contract term of December 2013 and a revised remuneration […]

  • 20 October 2015
    Exploration & Production, Project & Tenders

    Heerema Fabrication Group (HFG) has shared a photo of the topsides for Marathon Oil’s new Alba B3 platform, loaded on a seagoing barge in Zwijndrecht yard in the Netherlands. Preparations are now under way for a sail away to the Heerema Vlissingen yard, where the lower part of the platform, the jacket, is being built. The topsides […]

  • 3 April 2015

    Dozens of oil tankers are waiting to load at Iraq’s offshore deep sea oil terminal Al Basra Oil Terminal in the Persian Gulf. A buildup of over 30 oil tankers has been reported amid delays of up to three weeks to load oil caused by bad weather and possible oil quality issues, Reuters cited shipping sources as saying. Some […]

  • 1 August 2016

    The Maritime and Port Authority of Singapore (MPA) has cancelled the bunker supplier and the bunker craft operator licenses issued to AC Oil Pte Ltd, due to violation of required license terms, effective July 29. MPA said that AC Oil will no longer be allowed to operate as a bunker supplier or bunker craft operator in the […]

  • 28 July 2010

    North Rankin Platform

  • 26 July 2010

    Gulf of Mexico oil rig

  • 28 July 2010

    This is the Pride South Pacific oil rig parked just outside Cape Town harbour.

  • 20 June 2014

    Det norske oljeselskap ASA announces that the 6507/5-7 exploration well on the Terne prospect in PL558 in the Norwegian Sea did not encounter hydrocarbons.

  • 13 January 2012
    Business & Finance

    Chevron Canada Limited, Statoil Canada Ltd. and Repsol E&P Canada Ltd. have concluded agreements to conduct exploration activities offshore Atlantic Canada. Chevron and Statoil have also finalized another agreement for exploration activities in the Canadian Beaufort Sea. These new joint ventures over large blocks in deep water represent important strategic steps for all three companies. […]

  • 25 November 2014
    Business & Finance, Project & Tenders

    Canada’s Antrim Energy Inc. has responded to an announcement made yesterday, November 24, by Sound Oil that it intends to launch a public offer for 100 per cent of the share capital of Antrim Energy.  Antrim says that its board of directors will carefully review and evaluate the announcement and intended offer consistent with its fiduciary […]

  • 15 March 2016
    Operations & Maintenance, Project & Tenders

    Harkand has been awarded a multi-million pound contract with Maersk Oil North Sea UK to deliver subsea support services including a commissioning support campaign for the Flyndre development. The Flyndre development is located in the south-eastern part of the Central Graben Basin in the North Sea. Harkand’s Aberdeen office will oversee the mobilisation of the dive […]

  • 12 June 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Premier Oil plc has announced that it has received approval of its Catcher area Field Development Plan (FDP) from the UK Department of Energy and Climate Change. The Premier-operated Catcher area, located in the UK Central North Sea, is expected to produce 96 million barrels of oil equivalent with a peak production rate of around […]

  • 27 July 2010

    Oil rig on the Cromarty firth at Invergordon

  • 29 July 2010

    Jack up rig Maersk Guardian in gale force 7-8.

  • 11 February 2015
    Project & Tenders

    Tullow Oil has today said that its Tweneboa, Enyenra, and Ntomme fields development, offshore Ghana, is progressing well and is half way there. The project known simply as TEN, is over 50 percent complete, and according to Tullow, it is expected to produce first oil in mid-2016, as originally planned. The development, approved in 2013, […]

  • 1 April 2016
    Business & Finance

    Oil and gas company Premier Oil has announced that Iain Macdonald will join the company’s board as an independent Non-Executive Director and member of the Audit & Risk Committee with effect from May 1, 2016. The oil company said that Iain Macdonald would stand for election by shareholders at the forthcoming Annual General Meeting to […]

  • 12 June 2014
    Business & Finance

    Premier Oil has awarded a contract to oil and gas project resource specialists Mentor IMC Group to supply and support the resource requirements for the North Sea operator’s Catcher development. Mentor IMC Group will partner with Premier in its key overseas design and fabrication locations of Singapore, Japan and Norway. This news solidifies Mentor IMC […]

  • 28 July 2010

    oil rig smoke