Drilling & production

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.

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.