Drilling & production

According to the US Energy Information Administration (EIA), recent energy reform in Mexico could result in a 75% increase in long term oil production.

According to the US Energy Information Administration (EIA), increased production and infrastructure constraints open crude oil price spread between Midland and Cushing.

Pulse Structural Monitoring, has been awarded a contract with Total E&P Norge AS to provide a real time integrity monitoring system, to measure platform displacement during drilling operations.

Successful exploration drilling campaigns combined with redevelopment and enhanced recovery programmes means that more players than ever have converged on the North Sea in recent years.

Senior Independent Director Rijnhard van Tets will assume the role of Chairman with effect from 22 August 2014.

MacGregor has secured a new contract from Chinese shipbuilder, Fujian Mawei Shipbuilding Ltd for two 100 t active heave-compensated subsea cranes.

PetroNeft has announced a number of significant actions following the completion of the Licence 61 Farmout to Oil India Limited.

Cegal and Blueback Reservoir join forces to create a global partner for the oil and gas industry.

The contract will involve the supply of technology to 35 Statoil assets.

The company has agreed to sell the Ash Creek oilfield.

BHP Billiton is pursuing options to make the company simpler and more productive.

The 2014 resource evaluation was prepared by Petrotech Engineering Ltd. with an effective date of March 31, 2014.

The Professional Petroleum Data Management Association is developing an application for defining business and data rules.

Oilfield support services company ASCO has opened its new Marine Supply Base in Darwin, Australia.

Alliant has said that Indonesia and Vietnam pose high risk for oil and gas companies, and investors and overconfident in Egypt.