Drilling & production

Par Petroleum Corp. releases an update on the 80 well programme.

On behalf of the Peregrino licence partners, Statoil has awarded a 4 year contract to Wood Group.

The agreement is for the development of a line of CO2 separation membrane products.

According to Reuters, oil prices rose more than 2% after data showed US drilling slowed.

The Shah Deniz Stage 2 project will produce 16 billion m3 per year of gas.

The 200 km cable system to deliver 100 MW to Johan Sverdrup offshore facility.

For much of the period since the year 2000, decommissioning took a backseat.

Wood Mackenzie: Mexico's Round One - announced minimums are internationally competitive.

Accenture has surveyed 4000 women regarding the gender perceptions of STEM subjects and careers.

The project is located in the UK central North Sea and is one of the largest discoveries in the region in the last 10 years.

Oil discovery in the main bore of the Boomerang exploration well.

VNG Norge AS, operator of production licence 586, is in the process of completing the drilling of wildcat wells 6406/12-4 S and 6406/12-4 A.

Oil production offshore Nigeria starts ahead of schedule and below budget.

Mosman Oil and Gas Ltd has sold a 2% STEP Royalty for NZ$4 million to Ridge Royalty Corp.

Iran has forecasted average oil prices at US$42 to US$50 per bbl for the year to March 2017, according to Reuters.