Drilling & production - 31 July 2014

Oando Energy Resources has completed its acquisition of ConocoPhillips’ Nigerian oil and gas business.

GlobalData has said that higher North American oil output levels will reduce OPEC members’ production in 2014.

The Norwegian Petroleum Directorate has granted Statoil a drilling permit for wellbore 7327/9-1.

Hess Corporation has reported net income of US$ 931 million for the second quarter of 2014.

William J. Antholis of the Brookings Institute discusses India’s climate change policy in a Modi government.

Jeffrey Sachs, Professor of Sustainable Development at Columbia University, outlines the importance of a new approach to climate change.

PwC look at how US oil and gas deal value and volume increased substantially in the second quarter of 2014.

While exploration activity in Africa is at its highest level ever, the continent remains largely unexplored.

BNK Petroleum Inc. has announced new senior credit facility and shale play operations update in Oklahoma and Poland.

Trelleborg is supplying advanced elastomer materials to enhance the performance of Proserv’s subsea product line.

Business Monitor International look at the oil and gas sectors in the USA and Canada.

OPITO makes travelling to work offshore in the Gulf of Mexico safer with new survival training standard.

The International Well Control Forum (IWCF) is gearing up to launch a new online well control awareness course.

The company announced a net income of US$ 51.3 million for Q2 2014.

The company aims to develop a completely new concept of cold weather protection workwear for the petroleum industry.