Eni has signed a Production Sharing Contract (PSC) with the Comisión Nacional de Hidrocarburos of Mexico (CNH) for the development and exploitation of the Amoca, Miztón and Tecoalli oil fields.
OAO NOVATEK has announced the start of commercial production at the major Yarudeyskoye oil field.
September’s dry natural gas consumption level was the highest on record for the month, according to the EIA.
New subsea technology, which allows geophysical towfish to be tracked at greater distances has been successfully evaluated.
For the first nine months of 2015, the majority of crude oil produced in the Lower 48 states was light oil.
The equipment will be installed on the ‘Falcon’ jack-up.
The Alberta Securities Commission has ruled that Canadian Oil Sands Ltd. can stall the bid by Suncor Energy for a month.
Weatherford and Chevron push temperature barriers in the Gulf of Thailand.
Statoil has agreed to sell its 20% interest to Snam SpA for a total consideration of EUR 208 million.
Blue Whale has closed a transaction for assets comprising approximately 2500 boe/d and over 7100 net acres in Crosby County, Texas, on the northern edge of the Permian Basin.
Bibby Offshore details its subsea project management and execution capabilities on the Solan field development project.
Sino Gas & Energy Holdings Limited has announced that a flow rate of 2.1 million ft3/d has been recorded from an upper zone of the LXDG-04 exploration well.
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/4-10, cf. Section 8 of the Resource Management Regulations.
The leak detection market for oil and gas is expected to grow at a CAGR of 7.1% between 2015 and 2020.
The facility covers 8500 ft2 and comprises of a R&D assembly and testing area.