Drilling & production - 23 July 2015

SPP Pumps has appointed Mark Verweij for the newly created role of European Sales Manager for its Dewatering Division, expanding the company’s reach into Holland.

Operator Statoil and partner Total E&P Norge make gas and condensate discovery

According to the most recent International Energy Agency (IEA) World Energy Outlook, global energy demand is set to grow by 37% by 2040.

IHS’ Oilsands 2020 Production Forecast has said that growth continues but at a slower pace due to lower oil prices.