Tsubaki of Canada Limited has purchased Dia-Saw Manufacturing Ltd. Dia-Saw started as a manufacturer of shake and shingle mill equipment and has since evolved into a manufacturer of sprockets and related drive components.
Emerson’s Tempest™ ENABLE software is designed to help oil and gas producers gain better insight into reservoir production scenarios.
Faroe Petroleum has announced the commencement of the Faroe-operated Brasse appraisal well 31/7-2S in the Norwegian North Sea (Faroe 50%).
TAG Oil Ltd. has announced the successful drilling and flow testing of the Cheal-E8 exploration well, which will now be tied-in to TAG Oil’s existing infrastructure as a permanent producer.
Energy services company Proserv has been awarded a series of contracts worth a combined value of more than US$11million for its production control new-build and after-market services in the Middle East.
With abundant supply potential, Rystad Energy expects US gas companies to see a large LNG export potential to China after President Donald Trump and President Xi Jinping reached the bilateral trade agreement last month.
The Waitsia-3 well will be drilled to a planned maximum total depth of 3706 m MDRT and is forecast to take approximately seven weeks in total to complete.
Premier has announced that the Zama-1 exploration well in Block 7 (Premier equity 25%) in the shallow water Sureste Basin, offshore Mexico, was spudded at 0630 on 21 May 2017.
Triangle has jointly (50/50) completed a Share Purchase Agreement (SPA) with Royal Energy Pty Ltd to acquire the 42.5% balance of the Cliff Head oilfield and associated production facilities from Roc Oil Company Limited.
Oil prices could touch highs last seen in April when the Organisation of the Petroleum Exporting Countries (Opec) convenes its next meeting in Vienna on 25 May, WisdomTree’s Nizam Hamid has said.
Vitol has announced that oil production has commenced on the Sankofa Oil and Gas Project, which is developing the Sankofa and Gye Nyame group of fields, approximately 60 km offshore Ghana.
The global land drilling rig market has been through a tough downturn characterised by an inward focus through the supply chain on survival.
Schlumberger has signed a memorandum of understanding with Saudi Aramco to develop an In-Kingdom Total Value Add roadmap, in alignment with the Kingdom’s economic vision for 2030.
Halliburton Co. has launched drilling operations in the Zhuravlinaya area of the Vostochno-Taimyrsky license block for LUKOIL.
The rig was named Heydar Aliyev at a ceremony in Azerbaijan by the President of Azerbaijan, Ilham Aliyev.