Drilling & production

Oil market oversupply may last months or even years, but prices could recover if non-OPEC producers "act rationally".

Leading Turkish Engineering office will use AVEVA’s Integrated Engineering & Design solution on major greenfield and brownfield projects.

Ampelmann is celebrating another significant achievement in the operation of their systems.

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of the Galaz Contract Area.

McDermott’s China JV has delivered fast-track compression module fabrication for the jack-up compression platform.

BHP Billiton Sustainable Communities donates AUS$250 000 to the Sampson Flat bushfire relief fund in South Australia.

AccessESP has installed the first rigless ESP conveyance system in Nigeria in the Ukpokiti #4 offshore well.

Chinook Energy Inc. has announced that it has completed the disposition of certain assets located in the Karr area of Alberta.

Shell announced a £55 million settlement agreement with the Bodo community in respect of the two highly regrettable operational spills in 2008.

Bibby Offshore’s Houston-based division, Bibby Subsea, has signed a three-year contract with Bordelon Marine to charter a new vessel.

The company will deliver well construction, operational support, project management and rig intake on the Haribo exploration well.

Greka Drilling reported on Tuesday that it has won further drilling work with its major client, Green Dragon Gas.

The company also announced additional upcoming corporate presentations.

The company has received authorisation to operate its Altamira fabrication facility near Tampico, Mexico, as a free trade zone.

SM Energy Company announced today that it is beginning a process to sell its assets in areas of Oklahoma, East Texas and Northern Louisiana.