Drilling & production

The contract was awarded by Hess Exploration Australia.

Suncor Energy Norge AS, operator of production licence 571, has completed the drilling of wildcat well 25/10-14 S.

Douglas-Westwood consider the Saudi Aramco IPO and the state of the upstream industry.

TennStar Energy Inc. has announced it has acquired a stake in 21 Well Lease in Caldwell County.

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.

Lilis Energy has announced the appointment of Director Ronald D. Ormand as Chairman of the Board of Directors.

Buru Energy Limited (Buru Energy) has provided an update on drilling operations at the Ungani Far West 1 well as at 06:00hrs, 14 January 2016.

The Linde Group has signed a contract to extend its supply of nitrogen to Pemex’s oil reservoirs in the Gulf of Mexico through 2027.

Statoil ASA has acquired 37 101 561 shares in Lundin Petroleum AB corresponding to 11.93% of the shares and votes, at a total purchase price of approximately SEK 4.6 billion.

The president failed to mention that much of the US economic improvement could be traced directly to the oil and natural gas industries.