Exploration

McDermott has been awarded a contract by a Petronas subsidiary, for the Bukit Tua project, offshore Indonesia.

Tesla Exploration, Calfrac Well Services, NanoSeis, Reservoir Imaging and Silixa have formed a new alliance serving Canada.

Moody’s revises Petrobras rating maintaining investment grade.

The API has released a summary of reports that agree that crude oil exports would put downward pressure on gasoline prices.

Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.

The API has said that the US Government Accountability Office’s recent report reaffirms the economic benefits of crude exports.

Company announces imminent commencement of a major new RightBAND multi-client project over the Roebuck Basin.

The US GAO has said that allowing exports could reduce consumer fuel prices, and the size of the strategic reserves should be reexamined.

Christophe de Margerie, the CEO of Total, has died in a private plane crash at Vnukovo Airport in Moscow.

According to the UK government, reforms are needed in order to make the EU Emissions Trading System more efficient.

Scientists have developed new geochemical tracers that can identify fracking flowback fluids that have been released into the environment.

Business Monitor International looks at the competitive landscape in Russia’s oil and gas sector.

FAR Ltd has raised US$ 46.7 million to support the FAN-1 well drilling programme offshore Senegal.

Vaalco Energy, Inc. has announced the commencement of a new six well drilling campaign offshore Gabon on its Etame Marin block.

According to new analysis from Energydesk, it is renewables and not fracking that is responsible for falling US carbon emissions.