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Drilling & production

 

First oil at Aje Field

Panoro Energy ASA has announced that the first oil production from the Aje field, offshore Lagos, commenced on 3 May 2016.

 
 

Baker Botts welcomes Partner

Baker Botts LLP has announced that Stuart Jordan has joined the firm’s London office as a partner in the Global Projects Group.

 
 

Cutting well P&A costs

DNV GL’s new recommended practice on risk-based abandonment of offshore wells could potentially reduce P&A costs by 30-50%.

 
 
 

Petrobras Argentina to be sold

Petrobras has completed negotiations with Pampa Energía on the main terms and conditions of the sale of its stake in Petrobras Argentina.

 
 
 

EIA posts April Natural Gas Monthly

In February, for the third straight year, dry natural gas production was the highest for the month since EIA began reporting dry natural gas production data in 1973.

 

Halliburton and Baker Hughes terminate merger

Halliburton Co. and Baker Hughes Inc. have announced that the companies have terminated the merger agreement they entered into in November 2014, effective 30 April 2016.