Drilling & production

In the Awards in Predefined Areas 2014, Statoil has been awarded interests in 15 licences on the NCS.

Baker Hughes Incorporated have announced their results for the fourth quarter of 2014.

Business Monitor International (BMI) has downgraded its Canadian natural gas production forecast due to increasingly uncompetitive LNG project economics amid lower international oil prices.

The company has installed and commissioned an advanced armouring line at its facility in Bridge of Don, Aberdeen.

Shale gas discussion continues to block conventional natural gas production in Germany.

Honorees named for the Individual and the company categories.

Wyoming manufacturing employment has climbed 4% in the past year, outpacing national growth.

Roxi updated the market with news it has called down a further US$2.0 million from the US$40 million equity facility.

BOURBON expands its fleet by three subsea ROVs, continuing its growth in offshore oil & gas subsea services

Steve Nicol has been appointed as chief financial officer of Wood Group PSN.

Petrofac has received an award notification for the first phase of KOC’s Lower Fars heavy oil development programme.

Flow-Cal, Inc. has announces Jonah Energy LLC as their newest customer utilizing the FLOWCLOUDSM hosting solution.

Lundin Petroleum AB has announced that first oil from the Bøyla field has been achieved.

Exxon Mobil Corporation announced that production has begun at the Sakhalin-1 project’s Arkutun-Dagi field.

Claxton is extending its large surface riser inventory to meet operators’ needs.