Drilling & production

Total production by the Group during 2015 increased by 2.0% y/y and reached 675 318 barrels.

Aminex PLC has advised that the final well integrity testing of the Kiliwani North-1 well (KN-1) has been concluded.

Following the recent announcement of a contract extension with Nexans Norway AS, iSURVEY has also been awarded a second contract extension with AGR.

BP successfully accessed real time downhole data throughout a well’s completion, using XACT’s acoustic telemetry network.

Jeroen van der Veer recommended as a new member of Statoil's board of directors.

Petrex Developments has received a decommissioning contract from Maersk Oil North Sea (UK) Ltd.

Harkand has announced it has received a contract with Maersk Oil North Sea UK Ltd to deliver subsea support services to the operator.

Range has announced that approval for the new 4000 m drilling rig has been granted to RRDSL.

Sound Energy has provided the following update on certain of its Moroccan and Italian gas portfolio assets.

By Brian Lynch, project manager water column and Cedric Mouchel, project manager flexible delivery, Technip’s Quad 204.

The scheme is intended to support new graduates and young engineers seeking Chartered Chemical Engineer status.

BNK Petroleum has announced its reserves for 2015 year-end.

Sparrows Group has announced that the company has partnered with INNOVO to provide the offshore industry with the first fully electric-drive flexible cable and pipe lay system for rental.

The project, which is due for completion in Q3 2016 and is the company’s biggest contract win since its establishment in 2014.

The company's investment follows the gradual stabilisation in oil price, with expectations of reduced royalty rates.