Drilling & production - 24 November 2014

The International Energy Agency has released its World Energy Outlook 2014 with forecasts of world energy supply and demand to 2040.

A new article commissioned by GCA considers whether the world has now passed the peak price for oil.

The US EIA has released a US Crude Oil Import Tracking Tool, designed to analyse crude oil imports in response to growing domestic production.

AVEVA has announced the opening of its new office in Aberdeen, further strengthening its growing global network.

VIKING’s new PS5002 immersion suit has been upgraded and independently tested at temperatures as low as -62.6 °C.

Magnomatics has signed a licensing deal with Zilift for artificial lift applications in the oil and gas industry.

An estimated US$ 8.5 billion worth of business was generated during ADIPEC 2014, breaking all its previous records.

New partnership to better serve the challenging data management, archiving, and storage requirements of the oil and gas industry.

The app has been launched to provide oil and gas companies with essential information for employees travelling to West Africa.

The companies involved are Deep Tek, Lankhorst Ropes and DSM Dyneema.

When OPEC meets this week the energy industry will collectively hold its breath.

New Rotortug has set sail from Hong Kong to new owner in Malta.

Subsea 7 has been awarded a contract by Shell for installation work in the Gulf of Mexico.

The new system provides drilling and completion crews with a faster and more efficient way of achieving total site containment of spills.

On track to deliver full year 2014 profit towards lower end of range provided in previous guidance.

Petronas has awarded two Production Sharing Contracts onshore Sabah to SapuraKencana Energy and M3nergy.

SBM Offshore announced that the FPSO Cidade de Ilhabela is formally on hire after achieving first oil.