Drilling & production

AN EPCI contract will be awarded to FMC Technologies, Technip Norge and Aker Solutions for deliveries to the Trestakk development.

Aberdeen & Grampian Chamber of Commerce is welcoming a delegation from Barranquilla.

Q3 2016 revenue more than tripled to US$44.4 million from a year ago (Q3 2015: US$12.7 million) despite a 26.5% decrease year-on-year in the average realised oil price.

Flotek will authorise Anton Oilfield Services Group an exclusive cooperative right on its core CnF® technology.

Tawke field partners have received a payment of US$31.33 million from the Kurdistan Regional Government for oil sales during August 2016.

It will take 50 years for electric cars to impact global oil demand in transport, according to Dr Mamdouh G Salameh, professor of energy economics at the ESCP Europe Business School.

The drilling programme consists of two wells and is located in the Mafia Deep basin off Tanzania.

Report predicts a rise in onshore spend through the remainder of the decade, with global expenditure increasing 10% year-on-year, reaching US$187 billion in 2020.

Victoria Oil & Gas subsidiary Gaz du Cameroun has annonuced the spudding of wells in the Logbaba Gas Field by Savannah Oil Services Cameroon.

The V. Filanovsky field is Russia’s largest oil discovery for the past twenty five years.

The company has announced that oil has been discovered within the Poolowanna Formation.

BP has reported strong financial results from the third quarter of 2016.

Complementary IPRES software brings sophisticated financial analytics to enhance recovery and improve production forecasting.

The project will be tied back to the Åsgard A oil production vessel, with planned production startup anticipated in 2019.

Comprehensive reservoir and rock analysis portfolio now available.