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Drilling & production

SAExploration announces US$83 million of new project awards

SAExploration Holdings Inc. has announced five new project awards for onshore logistical support and seismic data acquisition services in North and South America, collectively valued at approximately US$83 million.

 
 
 
 
 
 
 
 
 
 
 

Lundin Petroleum AB completes Lorry well drilling

Lundin Petroleum AB has announced that its wholly owned subsidiary, Lundin Norway AS, has completed the drilling and evaluation of exploration well 6407/10-4 on the Lorry prospect.

 
 

IEA: January Oil Market Report

Global oil demand growth flipped from a near five year high in 3Q15 (2.1 million bpd) to a one year low in 4Q15 (1.0 million bpd).