Drilling & production

Conflict in Syria and Yemen, and against the Islamic State, combined with the balancing of supply and demand, will likely return a risk premium to oil prices in 2017.

Saudi Aramco has signed a Memorandum of Understanding with GE and Cividale SpA of Italy to build a forging and casting manufacturing facility.

Year over year total consumption of dry natural gas in March decreased in the residential and commercial sectors.

Technip has been awarded a major contract to develop the Bahr Essalam, Phase II development in the Central Mediterranean Sea.

SapuraKencana Energy has announced another significant gas discovery from its three wells 2015 drilling campaign within the Block SK408 Production Sharing Contract area.

The Italian-based company was qualified to three Achilles Communities: FPAL, Sellicha and Power and Tech in April this year.

The system can reduce Capex investments by up to 70% and removes the need for VFDs.

The framework agreement covers a broad range of subsurface and well engineering services.

Douglas-Westwood consider the impact of the growing AUV sector on oil and gas operations.

Statoil Petroleum AS, operator of production licence 035, is in the process of concluding the drilling of wildcat well 30/11-12 S and appraisal well 30/11-12 A.

With sanctions now lifted, Richard Robinson, Global Energy Fund Manager for Ashburton Investments assesses the next steps in Iran’s comeback to world energy markets.

The company is a leading exponent of precision LSR and Two-Component (2C) manufacturing processes and tooling technology.

RMP Energy Inc. has provided drilling and completion results from its Gold Creek exploration well.

President's current normalised production from its Puesto Guardian Concession is running at a daily rate of over 500 bpd with a new workover programme underway.

Real Energy Corp. Ltd announced the completion of the five-stage fracture stimulation program of Tamarama – 1 well at depth below 2300 m.