Seabox Will Lead Subsea Water Treatment JIP

Seabox will lead a joint industry project to bring advanced subsea water treatment closer to full-scale field development.

MDU Resources Appoints New Treasurer

MDU Resources Group Inc. has named Jason L. Vollmer to the position of treasurer and director of cash and risk management.

Woodside Gains Reconnaissance License In Morocco

Woodside has entered into a contract for an exclusive reconnaissance license with the national oil company of the Kingdom of Morocco to explore a block offshore Morocco.

Otto Receives Extension For Drilling Of Hawkeye-1 Well

The Philippines Department of Energy has granted an extension of Sub Phase 4 of Service Contract 55 for a period of 12 months.

Gazprom Picks Vietnam To Tap Russia’s Arctic Sea Oil Deposit

The oil arm of state-run Gazprom started exclusive talks with the Vietnamese producer on joint development of the Dolginskoye Field, which holds more than 200 million tons (about 1.5 Bbbl) of estimated reserves.

SEC Launches Investigation Concerning Petrobras

Petrobras, the state-run oil company at the center of a kickback scandal in Brazil, said it is under investigation by the U.S. Securities and Exchange Commission (SEC) and will provide related documents.

Daewoo, Saipem Secure $1 Billion Engineering, Construction Contract

Saipem, through its controlled company ERSAI Caspian Contractor LLC, has been awarded a major engineering and construction contract in the Caspian region.

Genel CEO Sees Merger Shakeout Among Kurdistan Oil Producers

The number of oil producers in Kurdistan will slump by three-quarters in five years with the biggest in the industry taking control in the region, according to Genel Energy CEO Tony Hayward.

TransAtlantic Deems Dadas Completion A Success

TransAtlantic Petroleum Ltd. has completed a single-stage vertical frac of the Dadaş interval in its Bahar-6 well in the Molla area of southeast Turkey, the company said in a news release.

TAG's Cheal-E6 Well Intersects Hydrocarbon-bearing Sands

The Cheal-E6 step-out well (TAG 70%), located in the onshore Taranaki Basin of New Zealand, has intersected more than 9 m (29.5 ft) of net oil- and gas-bearing sands in the Mt. Messenger Formation, TAG Oil said in a news release.

HOIDI Bags Contract For Rig Legs

HOIDI International Pte. Ltd. has signed a rig leg component fabrication and construction contract with China Merchant Heavy Industry Co. Ltd.

Essar Oil Appoints New CEO For E&P

Essar Oil Ltd. has appointed Manish Maheshwari CEO-E&P.