Drilling & production - 30 April 2014

Part of a planned exploration and drilling production extension, Morocco will drill 30 oil and gas wells in 2014.

Brand Finance Plc, UK, provides an overview of the biggest brands in the upstream oil and gas industry.

New Zealand Oil & Gas is increasing its exploration spending as the company looks to find replacements for its Kupe and Tui oil and gas interests.

Shell CEO, Ben van Beurden, issued a statement regarding the company’s first quarter results.

Aker Solutions will split into two companies to speed up a streamlining process that will reduce costs and better position all parts of the group.

Certain properties located primarily in Leon and Robertson counties of East Texas will be sold for approximately US$ 530 million.

NAM, the Dutch joint venture between Shell and ExxonMobil, has renewed its HSE contract with Royal HaskoningDHV.

Production at Kazakhstan’s Kashagan oilfield is not expected to restart this year, as stretches of oil and gas pipelines may need to be replaced.

International oil and gas company extends its use of Active Risk Manager to combine Audit Assurance with Enterprise Risk Management.

BP has released a strategic progress update related to its exploration, upstream and downstream global activities.

National Oilwell Varco, Inc. reports its first quarter earnings and backlog.

ABO valve has received ABS certificate for three of its butterfly valves.