Drilling & production

Kennametal Inc. has announced the election of William M. Lambert to its board of directors.

Fratelli Neri S.p.A has taken delivery of a Damen ASD Tug 3212.

MEO Australia Limited (ASX: MEO) has provided an update in relation to Block 9, onshore Cuba.

The contract is to supply and install or identical pieces of integrated well control equipment.

Operated by Total with DONG Energy a 20% equity owner, Laggan-Tormore is located in 600 m of water West of Shetland and will produce 90 000 boe/d.

Rockdale Resources Corp. has reported the signing of a Share Exchange Agreement with Askarii Resources, LLC, a Houston based Service Company.

The DURA-BASE DEFENDER system reduces the need for liners.

Philippe Baptiste has been appointed Senior Vice President, Scientific Development at Total, effective 1 February 2016.

Texas Alliance has responded to President Obama's proposed US$10 per bbl tax on the sale of crude oil.

Rosneft and Statoil have announced the commencement of testing of two production wells of highly viscous oil of the PK1 layer of the North-Komsomolskoye field.

The new oilfield services company, Ardyne, has been launched with £50 million backing from Lime Rock Partners and has made its first acquisition.

The Laggan and Tormore gas and condensate fields, located in the West of Shetland are expected to produce 90 000 boe/d.

SOCO has reported that the Baobab Marine-1 commitment well commenced drilling on 5 February 2016 in the Mer Profonde Sud Block, located in the Lower Congo Basin, offshore the Republic of Congo.

Sound Energy has stated that it has signed a binding agreement with OGIF whereby OGIF has granted Sound Energy an option to acquire a 55% interest in the Meridja permit, onshore Morocco.

Taq Taq field partners have now received payment from the Kurdistan regional Government for oil exports.