Drilling & production

Statoil and several other oil companies joined together to commit to end the practice of routine gas flaring at oil production sites.

SKF will showcase a range of advanced solutions at the Hannover fair.

OSRL and SWRP announce containment toolkit to minimise environmental impact of oil spills.

UK oil and gas engineering firm FES International has been awarded a contract by Subsea 7 for the supply of fully automated DBSCs.

On 17 April, Norway participated in the launch of the World Bank initiative ‘Zero Routine Flaring by 2030’.

Close to 900 educational institutions to receive funds from a programme that triple matches employee donations.

To support the company’s goals, Colin Graham has been appointed as Norway Country Manager and will be spearheading these efforts.

The Scottish Loan Fund (SLF) will invest £1.5 million of development capital in the subsea technology and engineering firm Ennsub Group.

Douglas-Westwood: 2015 may be the year when nat gas announced itself as the major energy fuel source.

SBM Offshore N.V. has announced that during the Annual General Meeting of Shareholders all resolutions as proposed were adopted.

Projections in EIA's Annual Energy Outlook 2015 show the potential to eliminate net US energy imports between 2020 and 2030.

Total US petroleum deliveries increased by 3.4% from March 2014 to average nearly 19.2 million bpd.

The IEA Oil Market Report for April raised its forecast of 2015 global oil demand by 90 000 bpd.

The Kymera hybrid drill bit with StaySharp cutters reduced pre-salt drilling costs by US$2.1 million.

SM Energy Company has announced that production for the first quarter of 2015 is expected to be 16.8 million boe.