Exploration

Flour reports the financial results for the second quarter of 2014.

A research and development expedition to investigate ice and metocean conditions in the Russian Arctic has commenced.

Real Energy has signed a contract with Ensign International to commence drilling at its exploration permit in the Cooper Basin.

SPE President, Egbert Imomoh, has established a scholarship for those pursuing a master’s degree in petroleum engineering.

Paradigm Flow Services has invested £4.25 million in a new headquarters and test centre.

Electromagnetic Geoservices has received a contract for multi-client data offshore the Faroe Island.

The ESS team provide catering and hotel services to 180 people across seven levels of accommodation on board the Bolette Dolphin.

The presentations will discuss critical diversity and discrimination issues.

Rosneft closes the deal for the acquisition of oil field services from Weatherford International.

Osum Production Corporation has completed the purchase of the Orion Oil Sands Project from Shell Canada for CAN$ 325 million.

KBR has announced strong bookings in its hydrocarbons and IGP segments for the second quarter of 2014.

A new report from Fitch Ratings has said that exploration and production costs did not put pressure on oil prices in a meaningful way in 2013.

Oando Energy Resources has completed its acquisition of ConocoPhillips’ Nigerian oil and gas business.

TGS has reported net revenues of US$ 205 million in Q2 2014, compared to US$ 210 million in Q2 2013.

Hess Corporation has reported net income of US$ 931 million for the second quarter of 2014.