Exploration

According to Douglas-Westwood’s World Land Drilling Rig Market Forecast, a recovery in commodity prices and an increase in drilling activity will prompt market growth in 2017.

AFGlobal Corp. has agreed to acquire Managed Pressure Operations (MPO), a subsidiary of MHWirth.

Michael Höllermann and Johan P. Cnossen are to join the management board of the Industrial Solutions business area effective 1 August 2016.

According to API, proposals to ban geological or geophysical activities could cripple offshore oil and gas exploration.

UTEC Survey has successfully completed a significant ROV navigation and seismic node positioning project in deepwater Gulf of Mexico.

The American Petroleum Institute has applauded the Senate’s action to go to conference on S. 2012, the Energy Policy Modernization Act.

Transerv Energy Ltd has formed a strategic alliance with Norwest Energy Ltd to facilitate the farmout and drilling of the 160 million bbl Xanadu Prospect.

The new concession map reflects the four new licensing options awarded to the company during the Phase 2 Atlantic Ireland licensing round.

According to the Climate Change Committee, shale gas exploitation is not necessarily incompatible with meeting the UK's fifth carbon budget.

Carnarvon Petroleum have announced that drilling has commenced on the Roc-2 well approximately 160 km north-east of Port Hedland in the Bedout sub-basin of the greater Roebuck basin.

Doug Anderson, Sales and Marketing Manager of Guttridge, discusses the importance of attracting future engineers and offers a few top tips along the way.

Statoil and EQT Corp. have completed their transaction, whereby Statoil has sold its non-core operated assets in West Virginia, USA, to EQT Corp.

As part of its 40th anniversary celebrations, Petroplan will be running an online competition.

OEM Group has secured a 2 year contract worth up to £1 million with Go Marine to deliver engine support services to its fleet of vessels.

The focus of the project will be to improve seismic imaging techniques.