Drilling & production

The contract, which covers seven of Statoil’s drilling platforms will run to October 2018.

Archer is to provide complete drilling operations services for the Statfjord A, B and C platforms and additionally exercises options to award these services for the Njord, Sleipner A, Snorre A and B, and Visund platforms.

Options have been exercised for 17 installations on the Norwegian continental shelf.

The discovery was made in the Karak Block, operated by Mari Petroleum Company Limited.

The platform is to provide utility and living quarters for Statoil personnel working on the Johan Sverdrup project.

BP and KPC will explore possible joint opportunities for cooperation in future oil, gas, trading and petrochemicals ventures.

US primary energy consumption totalled 98 quadrillion Btu in 2015, a 1% decrease compared with 2014.

The well will be drilled by the combined forces of Otto Energy and Byron Energy in the Gulf of Mexico.

The inaugural US Energy and Employment Report (USEER) provides a broad view of the national current energy employment landscape.

Northport Marine LLC will be the first client to receive delivery of the new concept vessel, scheduled for completion in Q1 2018.

A worldwide glut of crude oil, partially fuelled by the US shale revolution, has thrown the market off balance causing prices to plummet to historic lows.

Schlumberger Ltd and Cameron International Corp. have announced that Chinese Ministry of Commerce has cleared their proposed merger without any conditions.

AGSL is to provide its software management toolset to TAQA for use on its North Sea offshore assets.

Faroe Petroleum has announced its audited results for the year ended 31 December 2015.

The two jackup rigs were delivered to Mexican company, Grupo R.