Drilling & production - 01 February 2016

The US Energy Information Administration (EIA) has released its January Natural Gas Monthly, with data through November 2015.

Chevron Corporation reported a loss of US$588 million for 4Q15, compared with earnings of US$3.5 billion in 4Q14.

EnerMech will use Parker products for client requirements in hydraulics, pneumatics, filtration and instrumentation.

The sale will help fund further development of the Moftinu gas discovery in Romania.

Aimed at individuals required to control HV/LV generation and distribution systems.

Also announced was the development of a pilot programme with BP and Partnership with Paradigm.

GE makes an announcement of more than US$700 million in innovative customer agreements.

Statoil Uruguay B.V. (Statoil) has agreed with Total E&P Uruguay B.V. (Total) to acquire 15% working interest in offshore exploration block 14 in Uruguay.

Oman’s oil and gas market is experiencing major changes in terms of new project development, consumption patterns and market scenarios amidst rapidly shifting global dynamics.