Exploration

Wärtsilä has announced that it has entered into a cooperation agreement with US based Greensmith Energy.

Devon Energy Corp. has brought online another successful spacing pilot and an oil well in the over-pressured oil window of the STACK play.

The 3D seismic programme will comprise two sub-areas proximate to the Wassana oilfield.

Pakistan Petroleum Ltd has announced a gas discovery at its exploration well Hadi X-1A located in District Sanghar, Sindh.

Strainstall, part of James Fisher and Sons plc, has received a major contract with the Japanese Penta Ocean-Toa joint venture.

The takeover bid made by the PALFINGER Group for the Norwegian ship equipment supplier TTS Group ASA has been approved.

The NPD has carried out four successful ROV (dives and has acquired depth data (bathymetry) near the Vøring Spur in the western Norwegian Sea.

Fugro has been awarded a geotechnical site investigation contract by ONGC India for the KG-DWN-98/2 project on the East Coast of India.

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.