Drilling & production

Aker Solutions was recognised as the best subsea company of the year at the Subsea UK awards last night and David Bloom of Subsea 7 was honoured for his outstanding contribution to the subsea industry.

Carwyn Jones launches £19.5 million project to build world-class engineering centre in Port Talbot

Statoil has awarded contracts for Oseberg Vestflanken 2, Johan Sverdrup and Gina Krog, which have a combined value of approximately NOK 1.6 billion.

With sanctions now lifted, Ashburton Investments assesses the next steps in Iran’s comeback to world energy markets.

ExxonMobil’s Downstream and Chemical segment results highlighted the strength of the integrated businesses.

Solo has been advised by operator Aminex PLC that the Kiliwani North-1 well is currently undergoing final well integrity testing prior to first production.

Now in its 17th year, the GE Oil & Gas Annual Meeting 2016 (1-2 February, Florence, Italy) offers a platform for oil and gas industry professionals to discuss a range of industry relevant issues, challenges, and opportunities.

Damen Shipyards Group has announced the completion of a key construction contract, comprising two electric-powered cutter suction dredgers for the Canadian oil sands industry.

WSP Parsons Brinckerhoff has announced it has finished drilling and completing five new horizontal natural gas storage wells near Athens, Texas.

A collaboration between Blueshift International Materials, Inc., the University of Strathclyde and the Oil & Gas Innovation Centre (OGIC).

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that it has entered into a committed seven year senior secured revolving credit facility of up to US$5.0 billion, with an initial committed amount of US$4.3 billion.

Underlying replacement cost profit for the full year was US$5.9 billion, compared with US$12.1 billion reported for 2014, down 51%.

Contract value could range between NOK1 - 3 billion.

The Open Innovation Awards fast track promising ways to reduce fresh water in shale oil and gas production.

The US Energy Information Administration (EIA) has released its January Natural Gas Monthly, with data through November 2015.