Drilling & production

OneSubsea has ordered the umbilical and accessories from Nexans to develop the Greater Enfield development off the coast of Exmouth, Western Australia.

Torchlight Energy Resources Inc. has announced that the Flying B Ranch #1 has been drilled to a total depth of 6470 ft.

According to GlobalData, output has been substantially boosted by Arctic projects.

The Norwegian Petroleum Directorate has granted Statoil Petroleum ASA a drilling permit for well 6407/7-9 S, cf. Section 8 of the Resource Management Regulations.

Golar LNG and Schlumberger have announced the creation of OneLNG, a joint venture to rapidly develop low cost gas reserves to LNG.

Contract covers supply of mooring solutions for phase 2 development of Pengerang Independent Deepwater Petroleum Terminal

Zargon Oil & Gas Ltd has entered into a definitive agreement for the sale of all of its Southeast Saskatchewan assets.

Compared with a year earlier, the underlying second quarter result was impacted by lower oil and gas prices, and significantly lower refining margins.

The company has announced the successful drilling and testing of the Jacana 4 development well in the Jacana oilfield.

Entries are now being accepted for innovators in multiple categories like Health & Safety and Environmental Stewardship. Deadline for submission is September 14, 2016.

Schlumberger has announced its results for the second-quarter 2016.

The six-acre facility in Bryan, Texas, brings the Syntech product line closer to clients in the oil and gas industry and has the capacity to support future growth.

SapuraKencana Petroleum Berhad's wholly-owned subsidiary, SapuraKencana Mexicana S.A.P.I. de C.V., has been awarded a contract with a value of approximately US$113 million.

LWP will receive an initial payment of US$900 000, with the remaining US$5.1 million invested in a sharing agreement to be received over the next 18 months.

UK-based Lanstead Capital LP is set to become a cornerstone investor in LWP, subject to shareholder approval at upcoming EGM.