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Indonesia’s Graft Watchdog Targets Energy Sector

November 27, 2014 By: RigZone Category: O&G News

Indonesia's Corruption Eradication Commission (KPK) plans a sector-wide audit of the country's oil and gas industry in a push to clean up the energy sector and restore investor confidence in Southeast Asia's biggest crude producer.

NWS JV to Develop $1B Persephone Project Off Northwest Australia

November 27, 2014 By: RigZone Category: O&G News

The North West Shelf joint venture approves development of the $1.02 billion Persephone project offshore northwest Australia.

Beach Energy Appoints Former Woodside EVP Robert Cole as MD

November 27, 2014 By: RigZone Category: O&G News

Beach Energy appoints former Woodside executive vice president, Corporate and Commercial Robert Cole as its new managing director.

Mermaid Maritime’s FY 2014 Net Profit Rises 193.4% to $45.27M

November 27, 2014 By: RigZone Category: O&G News

Mermaid Maritime's financial year 2014 net profit soars 193.4 percent to $45.27 million from $15.42 million a year ago.

Linc Energy Finds Oil Shows at Pata-1 Exploration Well in Arckaringa Basin

November 27, 2014 By: RigZone Category: O&G News

Linc Energy finds oil shows at Pata 1 exploration well in the Arckaringa Basin in South Australia.

Buru Suspends Ungani North 1 Well in WA’s Canning Basin

November 27, 2014 By: RigZone Category: O&G News

Buru Energy suspends Ungani North 1 well in Canning Basin, Western Australia to evaluate results of well test.

Libya’s Recognized Government Appoints New Chairman of State Oil Firm

November 27, 2014 By: RigZone Category: O&G News

Libya's internationally recognized government appoints a new head of state National Oil Corp handling oil exports, a deputy premier says, as a political conflict over control of the country is hitting the vital energy sector.

Santos Finds Gas at Varanus South-1 Well in PEL 513 in Cooper Basin

November 27, 2014 By: RigZone Category: O&G News

Santos makes a new wet gas discovery at Varanus South-1 well in PEL 513 in South Australia's Cooper Basin.

Russia Says Will Keep Oil Output Steady In 2015

November 26, 2014 By: RigZone Category: O&G News

Russian oil companies will keep production steady in 2015, Energy Minister Alexander Novak says, after Moscow left a meeting with other major oil producers with no agreement on how to address weak oil prices.

FMC Commissions First All Nigerian-Built Subsea Production Tree

November 26, 2014 By: RigZone Category: O&G News

The Bonga Northwest Development will feature the first subsea production trees engineered, manufactured, tested, installed and serviced by FMC Technologies entirely in Nigeria.

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