Exploration - 08 January 2015

Sweden's Lundin Petroleum have announced that its 2015 development, appraisal and exploration budget will be almost one-third lower than last year's budget.

During 2013 and 2014, the gas development program at the Cooper Basin primarily focused on close space infill drilling at the Cowralli, Moomba North and Big Lake fields.

Oil market oversupply may last months or even years, but prices could recover if non-OPEC producers "act rationally".

Leading Turkish Engineering office will use AVEVA’s Integrated Engineering & Design solution on major greenfield and brownfield projects.

Ampelmann is celebrating another significant achievement in the operation of their systems.

BHP Billiton Sustainable Communities donates AUS$250 000 to the Sampson Flat bushfire relief fund in South Australia.