Drilling & production

Squire Sanders report highlights North American consolidation, growing cross-border activity and the rise of Asian investors.

The Iraqi government has announced the country’s highest oil output for more than 30 years.

Gastech, one of the world’s leading conferences on natural gas is to explore the need for innovation in ensuring sustained energy supply.

The LNG boom of recent years is causing workforce bottlenecks as companies struggle to staff projects.

FMC Technologies has been named the world’s most admired oil and gas equipment, services company.

The Australian Takeovers Panel has published a Declaration and Orders that allows FLSmidth to proceed with its offer of AU$ 11/share for Australian company Ludowici Ltd.

Arch Coal Inc. has announced that its chairman and CEO, Steven F. Leer, will retire as CEO effective 26 April 2012, the date of the company's annual shareholders meeting.

Energy Drilling Australia (EDA), a subsidiary of mineral drilling services company, Ausdrill, looks to expand further into Australia’s coalbed methane (CBM) industry after taking delivery of a second drilling rig and ordering a third.

INA has recorded a 90% rise in profits

Seadrill has placed a US$ 1.2 billion drillship order with Samsung Heavy Industries.

For the first time since 2005, Roc Oil has recorded an annual profit.

GE Oil & Gas has received a contract of more than US$ 150 million from Apache in Australia to supply subsea equipment for the Julimar development project, located offshore near Dampier in Western Australia.

The American Petroleum Institute has called the President’s approach to energy security a Jekyll and Hyde approach and says it hurts consumers.

Statoil have awarded Technip a contract, valued above €150million, for the major Åsgard subsea compression project located in the Norwegian Sea, 40 km east of the Åsgard field, at a water depth of 340 m.

Petmin has signed a renewable five-year agreement that will enable it to export up to 600,000 tpa of metallurgical anthracite from Grindrod Terminals Kusasa dry bulk facility in Richards Bay.