Drilling & production

The continuing fall in oil prices over recent weeks supports the view that markets could remain comparatively weak for 2015 as a whole.

Some of the latest announcements from the global oil and gas sector.

Statoil have chosen an unmanned wellhead platform as the concept for the Oseberg Future development phase I project in the North Sea.

Otto Marine's chartering order book has increased by up to US$64 million with two PSVs long-term charters contracts to global oil major.

BMT Asia Pacific has opened its first ever environmental testing facility in Jakarta, Indonesia

Puma Energy has announced its backing of the World Seven Series qualifiers - the PNG Pukpuk Sevens Men’s team.

Cascade Drilling L.P. completes acquisition of Vironex Environmental Field Services, Inc.

The agreements are with the Algerian state-owned company, Sonatrach.

Operator Statoil has together with PL035 partners completed a two-well programme in the Krafla area in the North Sea.

As China’s onshore oilfields mature, its state-owned oil companies are looking to develop the country’s unconventional and deepwater reserves.

Business Monitor International gives a brief overview of Brazil’s oil, gas and petrochemicals sector.

Helge Lund starts as BG Group Chief Executive.

More modest outlook for global land rig market 2015-2019 due to current low oil price environment.

Searcher Seismic and BGP conduct GroupSeis campaigns over North West Shelf, Western Australia.

Cape plc has announced its SOCAR Cape joint venture has been awarded three significant contracts in Azerbaijan.