Drilling & production

The International Energy Agency (IEA) has released its Oil Market Report for June.

A new semi-submersible accommodation and construction vessel (floatel) will feature two Wärtsilä AQUARIUS UV ballast water management systems.

Statoil publishes its annual Energy Perspectives report outlining the analysis of macroeconomic and energy market developments towards 2040.

The placing will provide funds for asset opportunities.

Oil and gas operator EnQuest has expanded its footprint in Malaysia through the acquisition of Seligi oilfield and PM8 production sharing contract.

LIMS can help balance business priorities and regulatory compliance in fracking operations.

Wireless Seismic has set a new world record for real-time wireless recording of seismic data.

The large CLOV field in Block 17 offshore Angola came on stream on 12 June in line with the initial project schedule.

Shares are to be placed at 10p each.

US EIA comments on the Gulf of Mexico oil production that is predicted for this year and looks at if it will be shut in by storms at a higher level than last year.

UK’s Chief Secretary to the Treasury Danny Alexander has stated that a new oil and gas regulator will be based in Aberdeen.

ABT Oil and Gas, the marginal field development in which Enegi holds a 50% interest, has signed an investment agreement with Wood Group PSN.

The deal will cover the provision of on-the-ground support and local supply.

The American Petroleum Institute has launched a new campaign to recruit the never generation workforce for the oil and gas industry.

The US EIA has said that expected growth in non-OPEC production has reduced the call on OPEC crude required to balance the market.