Drilling & production

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

Research and Markets introduces a new report titled, ‘Distributed Acoustic Sensing (DAS) Market by Fibre Type, by Vertical and by Geography – Global Forecast to 2015 - 2020’, that discusses DAS technology and the growth in its fibre optic market.

The contracts cover zonal isolation and inflow control technology.

Event sent out clear message that the industry has a future for many years to come.

As the year approaches the fourth quarter, many industry observers are dusting off their forecasts for 2016 and re-thinking.

Norske Shell is close to completing the drilling of wildcat well 6407/10-5 in the Norwegian Sea.

Participants who successfully complete and pass the course will receive The Well Control School and IADC WellSharp™ Introductory Level certifications.

Statoil awarded contract for the delivery of steel platform jackets.

Faroe Petroleum announces results of exploration well 6407/10-5.

The Norwegian Petroleum Directorate has granted a drilling permit to Lundin Norway AS for well 7220/11-3 A, cf. Section 8 of the Resource Management Regulations.

CEDIGAZ analyses the consequences of the oil price decline on the US oil and gas sector.

ADIL, the leading independent energy consultancy, has recorded a 100% increase in demand for its accelerated conceptual engineering (ACE).

The Chief Executive Officer of Proserv, on Wednesday 9 September, called for the industry to make dynamic changes to the way it acts and behaves.

Gazprom Export begins its bidding for gas supply – it will be provided over the 2015/2016 winter period to Europe.

Petronas, Pertamina and Talisman Malaysia are developing a decommissioning strategy.