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October 2014

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NEOS starts airborne acquisition operations on Lebanon oil project
17 October 2014 NEOS GeoSolutions has started airborne acquisition operations on its CedarsOil project in Lebanon....

Chesapeake to sell Southern Marcellus and Utica shale assets for $5.37bn
17 October 2014 Chesapeake Energy has agreed to sell assets in the Southern Marcellus Shale and a portion of the Eastern Utica Shale in West Virginia, US, to Southwestern Energy for $5.375bn....

EnerJex enters into horizontal Niobrara and Codell oil plays in US
16 October 2014 EnerJex Resources has acquired leasehold interests covering 3,945 net acres in Weld County, Colorado, US, from various third...

TGS unveils two new onshore 3D surveys in Oklahoma
16 October 2014 Norway-based geoscience data firm TGS has unveiled two new multi-client onshore 3D surveys located within the Anadarko Basin in Oklahoma,...

Santos GLNG feeds natural gas into 420km Queensland pipeline in Australia
15 October 2014 Santos GLNG has fed natural gas into its 420km gas transmission pipeline for the first time through its primary compressor station in the Fairview field in south-west Queensland,...

American Midstream acquires Costar Midstream for $470m
15 October 2014 American Midstream Partners has acquired Costar Midstream from Energy Spectrum Partners VI for around...

INEOS Upstream to buy 80% stake in Scotland shale gas asset
14 October 2014 INEOS Upstream has agreed to acquire 80% stake in Petroleum Exploration and Development Licence (PEDL) 162, in the Midland Valley of Scotland, UK, from Reach Coal Seam Gas (Reach...

Targa to buy Atlas Pipeline and Atlas Energy for $7.7bn
14 October 2014 Targa Resources Partners and Targa Resources have agreed to acquire Atlas Pipeline Partners (APL) and Atlas Energy in a transaction valued at around...

Alberta Energy Regulator approves $3bn Grand Rapids pipeline project
13 October 2014 The Alberta Energy Regulator (AER) has approved the majority of TransCanada’s applications to build and operate the $3bn Grand Rapids pipeline...

ATCO secures contract to build natural gas pipeline in Mexico
13 October 2014 ATCO has secured a contract worth around $50m to design, build, operate and maintain a natural gas pipeline near Tula town in the state of Hidalgo,...

IGas to start drilling at Ellesmere Port exploration site in November 2014
10 October 2014 Oil and gas exploration and production firm IGas Energy is planning to start drilling at its Ellesmere Port exploration site in November...

Pembina Pipeline unveils plans for $314m diluent terminal development in Alberta
10 October 2014 Transportation and midstream service provider Pembina Pipeline has unveiled plans to construct a C$350m ($314m) condensate and diluent terminal in central Alberta,...

Aecom Technology secures contract for renewable natural gas project in US
09 October 2014 Engineering design firm Aecom Technology has secured a design-build contract from National Grid, in partnership with the New York City Department of Environmental Protection, the...

Amerisur completes Platanillo-20 well drilling in Colombia
09 October 2014 Oil and gas firm Amerisur Resources has completed drilling the Platanillo-20 well in the Platanillo field,...

Neste Oil plans to invest €500m to integrate two Finnish refineries operations
08 October 2014 Neste Oil is planning to invest about €500m as part of a development programme designed to integrate operations at its two refineries in...

Circle Oil discovers gas at CGD-12 well in Morocco
08 October 2014 Circle Oil has discovered gas at the CGD-12 exploration well in the Sebou Permit, onshore...

Chevron to sell 30% stake in Duvernay shale play for $1.5bn
07 October 2014 Chevron has agreed to sell a 30% stake in its Duvernay shale play to Kuwait Foreign Petroleum Exploration Company (KUFPEC) for...

GE Oil & Gas introduces new VSD for electric submersible pumps
07 October 2014 GE Oil & Gas has introduced its next-generation Vector Plus variable speed drive (VSD) surface control system for electric submersible pumps (ESPs)....

Gazprom Neft enters new stage of shale oil exploration in Western Siberia
06 October 2014 Russian oil firm Gazprom Neft has entered into a new stage of assessing the shale oil deposits potential in Western...

Linn Energy to sell $2.3bn worth of shale assets in US
06 October 2014 US-based oil and natural gas firm Linn Energy has agreed to sell its shale assets in Texas and Oklahoma for a total of...

Study says future of oil and gas will be driven by collaboration, innovation
03 October 2014 A new study by Lloyd’s Register Energy has revealed that the oil and gas industry in America, Europe and Asia is being driven by investments in five main areas which include improvements in...