Drilling & production

PetroMaroc Corp. plc has announced that it has signed a binding sale and purchase agreement (SPA) with Sound Energy plc on the Sidi Moktar Licences, located in Morocco.

This contract covers services for the existing Girassol, Pazflor, Dalia and CLOV FPSO units and associated subsea field development.

New data has revealed a shortage of senior candidates in the energy sector looking for non-executive director (NED) positions.

The company acquired Loggers Rubbertechniek B.V., an international solutions provider in the fields of shock, vibration and noise control.

Falcon Oil & Gas Ltd. has provided updated information for its operations in Australia, South Africa and Hungary.

Deepwater expenditure forecast to total US$137 billion between 2016 and 2020, representing a 35% decline on 2015 forecast.

Superior Drilling Products Inc. has reported the completion of a new US$3 million credit facility.

The company's strategy review has been updated a possible sale or third party merger.

The Apollo and Dundas partnership offers clients an integrated service to support and manage their decommissioning activities.

The MVP is a wellbore isolation tool designed to reduce time to production.

Andrew Courtney, Operations Director for Surface Technology, discusses how companies in the oil and gas sector should be looking to introduce new approaches to repair and refurbish their equipment to increase efficiencies throughout the current sector downturn.

Atlantic Petroleum has reported that its fully owned subsidiary, Atlantic Petroleum Norge AS (APN), has entered into a Sale and Purchase Agreement with M Vest Energy AS.

The event on Wednesday (March 9), organised by the Industry Technology Facilitator (ITF) in collaboration with Oil & Gas UK, comprises both a conference and an exhibition.

Sonardyne International Ltd has announced it will debut its expanded line-up of ROV and AUV navigation solutions during Oceanology International exhibition and conference.

Propell Technologies Group Inc. has announced the appointment of David S. Ramsey as Chief Operating Officer, effective 1 March.