Drilling & production

Earnings in the period rose 3% from the third quarter of 2013, driven by higher margins and improved operations in the downstream and chemical businesses.

The gigantic Johan Sverdrup field, one of the most profitable industrial projects in Norway over coming decades, will provide enormous value.

The International Energy Agency reports that strong incentives on energy access and renewable energy as well as subsidy reform reflect the Moroccan government’s determination to fulfill the aims of its Energy Strategy.

Paradigm has been selected by COMESA as a strategic partner for its new Seismic Data Processing Center.

Tercel has announced the release of the Patented MicroCORE™ Cutting System, its newest PDC Drill Bit innovation.

Penn Virginia Corporation has reported financial results for the third quarter of 2014, and provided updates of its operations.

Litre Meter has launched the third in a series of oil and gas industry safety surveys that will be introduced throughout 2014.

A new Energy Information Administration report shows that it is time to act on crude exports.

The Red Hawk spar is the deepest floating production platform to date to be decommissioned in the Gulf of Mexico.

The Egina project will feature systems that incorporate BMT’s ROV-Serviceable Subsea Strain Sensor Assembly.

A large decline in upstream activity balanced out by a similar percentage rise in downstream activity has been found in a report by EIC Monitor.

According to the US EIA, the US average retail price for regular gasoline was US$ 3.06/gal. at the beginning of this week.

Petrofac has been awarded a contract help Nova Scotia identify the best way to exploit its ultra-deepwater oil potential.

HB Rentals has announced the official opening of its new service location in Ciudad del Carmen, Mexico.

Luay Al-Khatteeb of the Brookings Institution presents an alternative theory in the global debate over falling oil prices.