Drilling & production - 17 November 2014

Halliburton and Baker Hughes have reached an agreement, under which Halliburton will acquire all outstanding shares of Baker Hughes.

According to Business Monitor International (BMI), an oil exports bottleneck threatens to derail growth in Libya.

As the year draws to a close, attention turns to drilling, exploration and production expectations for 2015.

Tethys Petroleum Limited has announced its third quarter 2014 financial results and activity update.

According to the US Energy Information Administration, crude oil and lease condensate production is at the highest volume since 1986.

It has been reported that Nigeria’s energy sector is encouraging a growing number of female leaders.

Bibby Offshore has been awarded a multi-million pound contract by Total E&P UK Limited for subsea services in the UKCS.

DNV GL has launched a new plant integrity software solution to which supports operators and plants owners.

McDermott International has successfully delivered the riser support structure for the Ichthys LNG Project.

ClassNK has granted Approval in Principle to a new H2/CO2 FPSO design developed by Mitsubishi Heavy Industries and Chiyoda Corporation.

Urgent action is required to revive Algeria’s upstream sector, says an analyst with research and consulting firm GlobalData.

The Brookings Institution discusses phasing out inefficient fossil fuel subsidies.

The US Department of Energy has granted a permit to export natural gas.

Abu Dhabi Marine Operating Company has awarded Technip a contract for project management consultancy services.

Coretrax launched its award-winning CX-IST (Inflation Support Tool) to the oil and gas market at ADIPEC, following a US$ 3 million investment.

EnerMech invests in jobs and equipment in Norway.

ADNOC and SAP have signed an agreement for the transformation of ADNOC’s IT services and business processes.