Triangle has jointly (50/50) executed a share purchase agreement in partnership with Royal Energy Pty Ltd to acquire the 42.5% balance of the Cliff Head Oil Field from ROC Oil Company Limited.
Lift IQ service improves well production and artificial lift equipment performance.
Energean oil and gas is pleased to announce that it has agreed to farm out a 60% interest in its Ioannina and Aitoloakarnania blocks, onshore Western Greece, to Repsol.
Eco (Atlantic) Oil & Gas Ltd has noted the announcement made overnight by ExxonMobil Corporation in relation to another new oil discovery in Guyana on its Snoek Oil Prospect.
According to a recent Wood Mackenzie report, a leaner and more cost-competitive deepwater industry is emerging from the downturn, with the most attractive projects now competing with US tight oil plays.
Aberdeen-headquartered Exceed, a well management and performance improvement specialist, has secured four new North Sea contracts in the first quarter of 2017 with a combined revenue of approximately £5.5 million.
From flood declining conventional and offshore wells to the water injected to fracture underground shale to the steam required for oil sands extraction, water is the most important input to the oil and gas industry.
The Weatherford AutoFrac® RFID-enabled stimulation system has been recognised by the 2017 Spotlight on New Technology Awards, which are formally presented during the Offshore Technology Conference (OTC).
Oil and gas completions company, Tendeka, celebrates its most recent win after being awarded a two-year contract extension with a leading Malaysian operator.
Wintershall Norge AS is the operator of the Maria field, an oil and gas field at Haltenbanken in the Norwegian Sea, around 230 km from the Trøndelag coast.
Gross 2P reserves for the Taq Taq field as of 28 February 2017 are estimated by McDaniel at 59 million bbls, compared to 172 million bbls at 31 December 2015.
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has announced that operations on the 205/23-3A well are complete.
BP has announced another gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt. The Qattameya Shallow-1 exploration well was drilled to a total depth of 1961 m in water depth of ~108 m using the El Qaher II jack-up rig.
First oil began to flow at 20:00 hrs on Sunday 26 March, travelling 25 km via pipeline to the Repsol Sinopec-operated Clyde platform.
An audience of almost 500 industry professionals came together to recognise innovation, collaboration and exceptional performance within the UK offshore energy sector.