Drilling & production

The latest downstream news from the USA and Canada.

According to the US Energy Information Administration (EIA), crude oil inventories at Cushing are down 29% over the past seven weeks.

The Confederation of British Industry (CBI) comments on the recent UK budget.

Oilfield Technology correspondent Ng Weng Hoong reveals that despite predictions of a glut, Asia is growing increasingly anxious about oil and gas supplies.

Marsh comment that multiple system failures are often the root cause of the energy sector’s largest losses.

ICF International has released its ICForecast Energy Outlook for the second quarter of 2014.

Wärtsilä has signed three contracts with Aker Midsund of Norway to deliver its Vessel Internal Electrostatic Coalescer systems for three North Sea oilfields.

Subsea 7 reveals its latest heavy construction vessel, the Seven Arctic, designed to address the operational challenges for subsea construction.

Chris Shannon, Fotech Solutions, examines the disconnect between capital investment into oil and gas production and declining results in the UK oil and gas industry.

NWGA’s 2014 natural gas outlook highlights potential for increased regional demand.

ITF has joined forces with Tullow Oil to establish a comprehensive, global wells and completions reliability database.

Oilfield Technology correspondent Ng Weng Hoong reveals that despite predictions of a glut, Asia is growing increasingly anxious about oil and gas supplies.

Ramco Tubular Services acquires Pipetech International; expands pipe services in the UK.

The Macondo blowout highlighted a need for improved operational management and a rigorous approach to oil and gas well engineering.

InterMoor has successfully completed decommissioning operations of the Innovator platform in Gomez field, Gulf of Mexico.