Drilling & production - 15 January 2016

The Maguire Energy Institute at SMU Cox School of Business has honoured Rex Tillerson, Chairman and CEO of Exxon Mobil Corp., with the L. Frank Pitts Energy Leadership Award.

A consortium of investors led by Union Oil and Gas Group, a subsidiary of Union Group has acquired 77% of Peruvian onshore oil and gas Block 100 in the Ucayali Basin.

Aker Solutions steps to reposition its MMO business to enhance competitiveness will impact up to 900 employees across Norway.

Figures from the Norwegian Petroleum Directorate show output increased during December.

Gran Tierra Energy Inc. has announced that the company entered into an agreement with PetroGranada Ltd to acquire all of the issued and outstanding shares of PetroGranada Colombia Ltd.

The 10-year agreement was signed in October 2015 and covers the diesel engines onboard Prosafe's new build flotel Safe Boreas.