Oil prices have rallied from US$27/bbl at the start of this year to above US$50/bbl this month, according to ING research.
Drilling & production - 30 June 2016
The riser platform construction start was marked at the Samsung Heavy Industries yard in South Korea.
Energy Transfer Equity L.P. has announced that it has terminated its merger agreement with The Williams Co. Inc., effective 29 June 2016.
The company has provided an update on the WA-320-P permit in which it holds a 9.778% participating interest.
Apprentices, employed by Bibby Offshore, but still too young to go offshore, will benefit from operational experience in the field with live ROVs.
The company's software technology is reducing well P and A costs and subsurface risks during decommissioning.
Ocean Installer has completed a mooring recovery and reinstallation project for a GOM production facility.