Drilling & production

The crash in oil prices has led to a dramatic decline in the number and value of awards for FPSO units.

Harkand will deliver project management and engineering services to Maersk around their drill rig programme.

GE Oil & Gas is seeking to increase the competitiveness of the solutions for the Nigerian oil and gas industry.

Initial customer studies by Aker Solutions and Baker Hughes regarding early phase oil and gas have begun.

A new DNV GL research paper outlines highs and lows of an ‘all subsea’ solution.

Tendeka has invested in a bespoke completions, manufacturing and operations facility in Texas to support its global growth.

Energen’s 2015 hedge position has increased by 2.9 million bbls of oil.

The sales and purchase contract for Karachaganakskoye gas and condensate field has been extended until 2038.

EIA: As oil prices declined, energy production companies focused efforts on increasing operating efficiencies.

Independent upstream oil and gas company, KrisEnergy Ltd., has recently announced that oil production from the Nong Yao field has commenced.

Wintershall is selling selected assets, such as its share in the Maria Development, to prioritise its own-operated assets.

Breitling Energy Corporation has announced hydraulic fracturing of its Hoppe ‘63’ #1 well in the Permian Basin of West Texas.

EY calls for governments to introduce new incentives and adjustments to tax regimes required in the current price environment to support the oil and gas industry.

The Kearl expansion project begins production ahead of schedule and production capacity increases to 220 000 bpd.

FX Energy begins drilling Miloslaw-4K Well in Poland