Exploration

BOURBON expands its fleet by three subsea ROVs, continuing its growth in offshore oil & gas subsea services

Steve Nicol has been appointed as chief financial officer of Wood Group PSN.

Petrofac has received an award notification for the first phase of KOC’s Lower Fars heavy oil development programme.

Flow-Cal, Inc. has announces Jonah Energy LLC as their newest customer utilizing the FLOWCLOUDSM hosting solution.

Lundin Petroleum AB has announced that first oil from the Bøyla field has been achieved.

Claxton is extending its large surface riser inventory to meet operators’ needs.

Eversendai Offshore has made a significant investment in AVEVA’s Integrated Engineering & Design solutions.

Statoil has received consent to use West Epsilon for production drilling on the Gudrun field.

MAC is on the expansion trail following a surge in worldwide demand for the Aberdeen-based firm’s DP services.

The race is on to uncover the potential oil and gas reserves in the Great Australian Bight.

Permits granted to carry out exploration at a site in northwest England.

Jericho Oil Corporation announced that a successful fourth quarter 2014 drilling program on its Eastern Kansas acreage contributed to a record exit.

Repsol has completed the exploratory well, which began on 18 November 2014 in the Atlantic Ocean about 60km from Lanzarote and Fuerteventura.

Indonesia has scrapped a land tax that companies pay while exploring for oil and gas, a move that might encourage exploration at a time of concern.

Petrobras has saved US$1 billion in cost reductions, design optimization and productivity gains since it launched its Well Cost Reduction Program.