Exploration

Oil prices have continued to plunge in the wake of OPEC’s decision not to cut oil output in support of prices at its 27 November meeting.

African Petroleum Corporation has provided an update on its offshore resources in Côte d’Ivoire and Liberia.

Hess Corporation has announced a 2015 capital and exploratory budget of US$4.7 billion.

Infrastructure Bill would have introduced a moratorium on the exploration and development of gas from shale in Britain.

Lower 48 oil production outlook stable despite expected near-term reduction in rig count.

Schlumberger to pay US$1.7 billion for stake in Russia driller.

AVEVA demonstrates commitment to the Middle East by expanding presence in the Gulf region.

Leading sub-surface consultancy Aker Geo will operate under the First Geo brand with immediate effect.

Oil services companies that supply rigs and carry out seismic surveys face a bleak outlook of cutbacks and contract cancellations.

UK parliament group calls for shale gas fracking moratorium.

EarthStream says hiring companies gain from decline in oil price.

Hess recognised among world’s 100 most sustainable corporations.

Since June 2014 the NPD FactMaps has been available in two editions, a standard (HTML5) and an advanced (Silverlight).

Centek Group has enjoyed a storming year in West Texas with shipments of more than 52 000 centralisers.

Chevron’s Jack and St. Malo fields reach first oil with OneSubsea technologies.