Drilling & production

According to recent analysis by Frost & Sullivan, the industrial valves and actuators market is expanding, particularly in emerging regions.

Rosneft and PetroVietnam have reached an agreement to create a joint venture for work on two blocks of the Pechora Sea shelf.

The North American drilling fluids market is expected to reach US$ 7203.6 million in 2019, growing at a CAGR of 7.5%.

Prosperity and carbon reduction can go hand in hand to boost the world economy, according to the UK government.

The decision supports Arrow’s announcement that it was commencing front- end engineering and design (FEED) work for the project.

Bill Wade will leave the company after a successful four year tenure.

Douglas Westwood ask whether the South American O&G powerhouse can make it big onshore.

Technip has been awarded an engineering, procurement, installation and construction contract for the Juniper project, offshore Trinidad.

Shell has announced its second major start-up of 2014 in deepwater Gulf of Mexico, with first oil from the Cardamom development.

Rosneft has commenced production on the Northern Tip of the Chayvo field on Sakhalin Island.

Baker Hughes has announced that the international rig count for August 2014 was 1339.

LGO announced that the fifth of its planned development wells at the Goudron Field in Trinidad has successfully reached total depth.

Vaalco Energy has provided an update on recent activities offshore Gabon.

Roxi has updated the market on its flagship BNG asset and the Deep Well NK-31 at Galaz.

Real Energy Corporation has commenced drilling on its maiden well in the Cooper Basin, Tamarama-1.