Drilling & production

Eversendai Offshore has made a significant investment in AVEVA’s Integrated Engineering & Design solutions.

Sulzer will host a technical forum in Aberdeen next month.

Statoil has received consent to use West Epsilon for production drilling on the Gudrun field.

MAC is on the expansion trail following a surge in worldwide demand for the Aberdeen-based firm’s DP services.

The race is on to uncover the potential oil and gas reserves in the Great Australian Bight.

Iraq produced a record of around 4 million bpd of crude oil in December, Oil Minister Adel Abdel Mehdi has announced.

Permits granted to carry out exploration at a site in northwest England.

Maybank Research pointed out the market has started to accept the reality of a low oil price environment.

Fourth-quarter revenue of US$12.6 billion increased 6% year-on-year.

Jericho Oil Corporation announced that a successful fourth quarter 2014 drilling program on its Eastern Kansas acreage contributed to a record exit.

Companies in the deepwater drilling market have lost more than half of their value over the last year.

Det norske has decided to develop Viper-Kobra, a project that comprises two small discoveries in the Alvheim area.

Petrobras now operates more floating production platforms (including self-owned and chartered ones) than any other company in the world, according to Petrodata.

Repsol has completed the exploratory well, which began on 18 November 2014 in the Atlantic Ocean about 60km from Lanzarote and Fuerteventura.

Indonesia has scrapped a land tax that companies pay while exploring for oil and gas, a move that might encourage exploration at a time of concern.