Drilling & production

The MSA is effective as of 10 November 2015 and will cover Statoil’s full project portfolio.

Hampered by budget deficit, the Iraqi government is ramping up efforts to increase the country’s oil production.

A key element of this agreement is the development of gas reserves of the OML 122 field.

Bankers Petroleum Ltd has announced a successful bid in the third Hungarian bid round for the Püspökladány Block within the Pannonian Basin in northeastern Hungary.

The collapse in crude oil prices over the past year is taking its toll on the economies of most oil producing nations in the Middle East.

Bowleven has announced an update on the extended well test programme underway at Bomono.

Wild Well’s addition of key personnel in the region mirrors its commitment to safe, offshore operational practices.

The report concludes that technology solutions are fairly mature, but need to be adopted for Norwegian waters.

Several operators have achieved multiple record runs in the Williston Basin throughout 2015 using NOV cutters tailored for the region.

SONAGAS to market its share of LPG production to international buyers.

Eni is to present the 14th edition of the World Oil and Gas Review, the annual statistics report on world reserves, production and consumption of oil and gas.

According to GlobalData, the Zohr gas field could prove to be the catalyst in a spurring a wider regional development plan.

Key Energy Services Inc. has announced that it has elected Robert Drummond to join its Board of Directors.

GroundMetrics Inc. was awarded a contract by one of the top ten frac'ing companies for a refracturing survey on an oilfield in the Barnett shale in Texas.

eDrilling is to implement its drilling and well performance solutions, including a dynamic down hole simulator, at NTNU for academic use.