Drilling & production - 07 March 2016

Weatherford, Chevron recognised for high-temperature technology.

International Western Petroleum Inc. (IWP) has reported that the company has completed the 6-well drilling programme of the Bend Arch Lion 1B project.

Gunvor Group has completed the sale of the Novorossiysk Fuel Oil Terminal to a subsidiary of OJSC Transneft.

The contract is to support Fairfield Energy in its North Sea well plugging and abandonment campaign.

The service has been developed in light of significant market challenges in the upstream oil and gas market.

Ecopetrol Group has announced its results for the 4Q15 and the year ended 31 December 2015.

Review of inaugural business breakfast event.

Pemex has been cutting spending in order to adjust their budget to an oil price of US$25 per barrel.

Exploration well 16/4-10 is located on the southern flank of the Utsira High in the North Sea and is dry.

Company named P&A Pioneer at the DecomWorld Awards 2016.

The contract for the chartering of the mobile rig COSLInnovator will not have impact on the long term production on the Troll field.