Drilling & production

Niko Resources Ltd has announced that Mr. Kevin J. Clarke intends to resign from his role as Chairman of the Board and interim CEO.

The short term outlook for West Africa’s deepwater sector is still positive due to projects sanctioned before the market downturn.

Wood Group Intetech (WGI) has announced that the company is growing its business in Malaysia, in response to heightened demand for its services.

The Energy Institute (EI) is inviting individuals and organisations to enter its annual energy awards competition.

Attracting graduates and nurturing young professionals in the initial years of their careers, has been a focus of discussions at OTC Asia.

ENN Group has announced the proposed acquisition of Hony Capital’s 11.7% shareholding in Santos, subject to certain conditions.

The changes announced by the UK Chancellor George to the North Sea tax regime are unlikely to have a significant impact on investment in the near term.

The NG-3500X can operate in a water depth of up to 80 m and bridges the gap between service units and full-fledged drilling rigs.

The royalty rates apply to production at oil prices below US$50/bbl.

The lifting of sanctions represents a significant step forward for Iran’s re-entry into the global oil & gas market.

The new technology is expected to Increase safe and sustainable oil production.

ACTive Q service designed to deliver fluid velocity measurements to expand coiled tubing downhole monitoring capabilities.

Spectrum services designed to deliver real time subsurface data to help optimise well interventions and completions performance.

Seadrill Ltd has been awarded an 18 month contract extension for the drillship West Tellus by Petroleo Brasileiro SA.

Recent tax cuts were biased towards older, existing assets.