Drilling & production - 24 February 2016

Deep Well Oil & Gas Inc. has provided an update for the Steam Assisted Gravity Drainage (SAGD) oil sands project at Sawn Lake, Alberta, Canada.

Energy Intelligence has announced that H.E. Khalid A. Al-Falih, Chairman of the Board of Directors of the Saudi Arabian Oil Company, has been named 2016 Energy Intelligence Petroleum Executive of the Year.

Zennor Petroleum Ltd has entered into a Conditional Sale and Purchase Agreement with the joint administrators of First Oil Expro Ltd to acquire subsidiary companies First Oil & Gas Ltd and Antrim Resources Ltd.

The joint solution offers unrivaled process network traffic monitoring and advanced threat prevention across the automation environment.

LGO Energy plc has provided an update on its oil field operations and corporate funding.

The results show that AWE has delivered improved production, extracted significant cost savings and continued to achieve important milestones.

To endure an environment characterised by a high degree of uncertainty and volatility, the industry will need to surmount a number of challenges.

QS Energy has entered into a new fiscal year with commercial deployment of its improved AOT viscosity reduction technology and M&A asset strategy for oil and gas operations.

QS Energy has entered into a new fiscal year with commercial deployment of its improved AOT viscosity reduction technology and M&A asset strategy for oil and gas operations.

New partnership to expand IRM capabilities in West Africa.

As part of the strategy, Moscow-based Petec will be authorised Eastern European distributor of AGR software technologies.

Nine Energy Service Inc. successfully completed their first 50-stage Divert-A-Frac open hole system for a large, global independent operator in the Williston Basin.

Upstream production grew 7% year-on-year averaging 104 000 boe/d partly due to successful production intensification efforts in CEE.

Drilling has reached targeted depth on the Wintershall operated Kvalross exploration well in the Barents Sea.