Oil & gas news

The partnership will is aimed at supporting Colombia’s development of significant heavy oil resources.

Parker Drilling Company has reported results for the quarter ended December 31, 2015, including a net loss of US$35.6 million, or US$(0.29) per share, on revenues of US$148.7 million.

Kosmos Energy has been informed by Tullow Oil plc, operator of the Jubilee Unit, of a change to operating procedures on the Jubilee field Floating Production Storage and Offloading vessel.

"We are extremely pleased with the results from this vertical exploration well at Curamhuele and oil discovery in the Lower Agrio shale,” said Kevin Shaw, President and CEO of Madalena Energy.

California Resources Corp. has announced that William Albrecht will transition from Executive Chairman to Non-Executive Chairman at the time of CRC’s annual stockholder meeting in May 2016.

Four members of Statoil’s Mariner subsurface team are set to discuss the importance of collaboration at a presentation jointly organised by SPE.

ERHC Energy Inc. has issued the following update on exploration progress in Kenya Block 11A.

Woodside Petroleum Ltd has detailed its financial results for 2015, stating a NPAT of US$26 million.

Douglas-Westwood announces new publication covering the decommissioning sector.

The summit will take place on 23 – 25 February.