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Last updated on April 24, 2014 at 13:56 EDT

Latest Petroleum production Stories

2014-03-01 23:02:00

MarketReportsOnline.com adds "Global Floating Rig (Floater) Market: Trends and Opportunities (2014-2019)" report to its research store. Dallas, Texas (PRWEB) March 01, 2014 Offshore oilfield services are one of the most important segments of the oilfield value chain as it provides equipments and services to help producers explore, extract, and transport oil and natural gas. Offshore oilfield assets can be broadly classified into two categories, namely Rigs and Support vessels....

2014-03-01 12:20:13

LONDON, March 1, 2014 /PRNewswire/ -- Noble Corporation (NYSE: NE) issued an update on the status of Noble Paul Wolff, a dynamically positioned semisubmersible rig operating off the coast of Brazil. The rig is stable and is operating under its own power following a ballast control incident that occurred on Friday, February 28. Additional crew members are also now being selectively returned to the rig. The Company continues to work with its customer and authorities to fully resolve...

2014-02-28 20:21:44

DUBLIN, February 28, 2014 /PRNewswire/ -- Dublin - Research and Markets ( http://www.researchandmarkets.com/research/gb7c6r/offshore_drilling) has announced the addition of the "Concise Analysis of the Offshore Drilling Market - Global Trends & Forecasts To 2018" [http://www.researchandmarkets.com/research/gb7c6r/offshore_drilling ] report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769 ) The global market is wide with...

2014-02-28 12:24:05

Company Partners with INA Industrija Nafte, d.d. for New Delayed Coking Unit HOUSTON, Feb. 28, 2014 /PRNewswire/ -- Bechtel has signed a license agreement with INA Industrija Nafte, d.d. for the process design of a delayed coking unit complex at the Rijeka refinery in Urinj, Croatia. The new complex will use Bechtel's ThruPlus® coking technology, a proprietary process for upgrading heavy oil into high-value, light hydrocarbon liquids....

2014-02-28 12:23:50

THE WOODLANDS, Texas, Feb. 28, 2014 /PRNewswire/ -- Independence Oilfield Chemicals, LLC (IOC) has developed a new chemistry specifically designed for ultra-low polymer concentrations as part of their CoFlo(TM) (Cooperative Flow Back) initiative. Within this concept is IOC's VisFlo(TM)-100 crosslinking system (patent pending), the industry's first to combine the advantages of slickwater and guar-based systems in hydraulic fracturing. "We're keenly interested in working with clients...

2014-02-28 08:22:23

DALLAS, Feb. 28, 2014 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that Steve Newby, President and Chief Executive Officer, and Matt Harrison, Senior Vice President and Chief Financial Officer, will meet with investors at the Morgan Stanley Midstream MLP and Diversified Natural Gas Corporate Access Event on Tuesday, March 4, 2014 and Wednesday, March 5, 2014 in New York, NY. The presentation materials associated with this event will be accessible...

2014-02-28 08:22:08

All Workers Safe; No Injuries Reported LONDON, Feb. 28, 2014 /PRNewswire/ -- Noble Corporation (NYSE: NE) confirmed today that the Noble Paul Wolff, a dynamically positioned semisubmersible rig operating off the coast of Brazil, experienced a ballast control incident on Friday, February 28 at approximately 01:00 a.m. (BRT) local time. The crew took prompt corrective action, including safely securing the well, and measures are currently underway to resolve the matter. As a...

2014-02-28 08:21:29

DUBLIN, Feb. 28, 2014 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/wnnb2q/global_and ) has announced the addition of the "Concise Analysis of the International Chinese Gas-to-Liquid (GTL) Industry" report to their offering. (Logo:http://photos.prnewswire.com/prnh/20130307/600769) 'Concise Analysis of the International Chinese Gas-to-Liquid (GTL) Industry' is a professional and in-depth study on the current state of the GTL industry with a...

2014-02-27 23:03:29

Enertia Software announces the implementation of their fully integrated services for Penn Virginia Corporation (NYSE: PVA) to enhance business procedures Houston, TX (PRWEB) February 27, 2014 Enertia Software’s initiative to integrate core oil and gas processing with business intelligence, mobility, and functionality creates innovative information gathering and analysis for customers. "Implementing Enertia’s Oil & Gas software solution facilitated achieving our goals of...

2014-02-27 16:23:16

HOUSTON, Feb. 27, 2014 /PRNewswire/ -- VAALCO Energy, Inc. (NYSE: EGY) today provided the following update on recent activities. (Logo: http://photos.prnewswire.com/prnh/20100316/NY71495LOGO) The exploration well in the Dimba prospect, located approximately seven miles northeast of the Etame field offshore Gabon, has been drilled to a total depth of 3,040 meters. Electric log data indicates that the estimated recoverable reserves are uneconomic at this location. The well is...