Drilling & production

DW has predicted the market for the operation of work-class ROVs to total US$14.2 billion over the period to 2019.

Slowing operations have led to half a million bpd decrease in US production since April 2015.

Goudron Sandstone programme to benefit from additional investment.

Exploration well spudded on the Neiden prospect in the Barents Sea South.

Ryder System Inc. has announced that it has been named a finalist in the 2015 Southwest and Midcontinent Oil and Gas Awards.

GMC has announced that it received an award from DeepStar as part of DeepStar Phase XII-B funding.

Ithaca Energy Inc. has released an operations update following the end of 3Q15.

WadeCo Specialties Inc. has announced that it has acquired Escudero Chemicals LLC.

Statoil has acquired First Oil’s 24% equity share in the UK licence for the Alfa Sentral field for $US 15 million.

FX Energy Inc. has reported that drilling, coring, logging and testing of the Miloslaw-4k well have been completed.

Penn West Petroleum Ltd has sold its non-operated 9.5% working interest in they Weyburn Unit.

EV Energy Partners LP has announced it has closed four previously announced acquisitions.

According to GlobalData security fears are leading international oil companies to withdraw from the country.

Air Partner has signed a ten-week contract with a multi-national oil company.

FlexGen® Power Systems plans to accelerate deployment of its breakthrough hybrid energy storage software.