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Forbes Energy Services Acquires Cretic Energy Services

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ALICE, Texas, Nov. 16, 2018 (GLOBE NEWSWIRE) — Forbes Energy Services, Ltd. (OTCQX: FLSS) (“Forbes”), announced today that it has acquired Cretic Energy Services, LLC (“Cretic” or the “Company”) from Catapult Energy Services Group, LLC, an NGP and NGP Energy Technology Partners portfolio company.  Cretic, headquartered in Montgomery, Texas, provides large-diameter, extended-reach, coiled tubing services Read More

PetroTal announces encreased production from Bretaña field, operations update

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11/16/2018 Calgary and Houston — PetroTal Corp. is pleased to announce that it has successfully increased oil production from the Bretaña Norte discovery well at Bretaña field in Block 95, Peru. The company is also pleased to provide a further update on operations at Bretaña as well as selected financial information as of September 30, Read More

Jumbo wins transportation and installation contract for the Leviathan development

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11/16/2018 Photo: Jumbo’s heavy lift crane vessels , and offshore platforms. SCHIEDAM, The Netherlands — Technip is preparing for a project, including a subsea production system connecting high-rate subsea wells to a fixed platform, located approximately 6.21 mi offshore Israel. Technip awarded Jumbo’s offshore division a contract to lower the manifold onto the seabed, at Read More

Total signs MoU with Papua New Guinea for LNG project

1 day ago DieselGasoil Comments Off on Total signs MoU with Papua New Guinea for LNG project
11/16/2018 Port Moresby – Total and its partners ExxonMobil and Oil Search have signed a Memorandum of Understanding (MoU) with the Independent State of Papua New Guinea defining the key terms of the gas agreement for the Papua LNG Project. The MoU was signed during the Asia Pacific Economic Conference (APEC) in Port Moresby, in Read More

Questerre reports third quarter 2018 results

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THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICATO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Nov. 15, 2018 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the third quarter ended September 30, 2018. Read More

CNL Named One of Canada’s ‘Top 100 Employers’

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Canada’s national nuclear laboratory recognized for its strong employee recognition programs and commitment to community support CHALK RIVER, Ontario, Nov. 15, 2018 (GLOBE NEWSWIRE) — Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology organization, announced today that it has once again been recognized as one of Canada’s Top 100 Employers, the third consecutive Read More

McDermott wins contract for GOM field development

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11/15/2018 HOUSTON — McDermott International was awarded a contract for concept and engineering services for Talos Energy for the Zama field project. The development is the first offshore Mexico block awarded to a private operator. The contract is for engineering services, including concept selection and follow-on pre-FEED.  McDermott will execute this contract award with io Read More

ADNOC to invest $1.4 billion to upgrade Bu Hasa Field

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11/14/2018 Photo: Ricardo Sanchez Galindo, upstream business development director, Tecnicas Reunidas and Yasser Saeed Al Mazrouei, CEO, ADNOC Onshore. ABU DHABI — The Abu Dhabi National Oil Company (ADNOC) has announced a $1.4 billion investment to upgrade and expand its Bu Hasa field, which will increase crude oil production capacity to 650,000 bpd. This is Read More

Penspen secures $70 million contract with ADNOC Onshore

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11/14/2018 Photo: Peter O’Sullivan, CEO, Penspen. LONDON — Penspen, a leading global provider of engineering and project management services to the energy industry, has been awarded a contract by Abu Dhabi National Oil Company (ADNOC) Onshore, with a value exceeding $70 million. The project is for the provision of project management consultancy (PMC) services for Read More

Petroteq Delivers Oil to the Market

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SHERMAN OAKS, CA, Nov. 14, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV: PQE; OTC: PQEFF; FSE: PQCF), a fully integrated oil and gas company, is pleased to announce that it has begun delivering oil into its regional market. “Our first sale of our product this week represents a critical milestone in Read More