Exploration

Despite growing demand for semisub units, the sector is plagued by constrained global supply and limited availability.

Aker Solutions board of directors has proposed to the company’s shareholders that Aker Solutions be split into two companies.

Roxi has announced news of a licence extension and of operational progress at its Galaz asset.

Polarcus has entered into an addendum to the sale and lease-back financing arrangements for the Polarcus Naila vessel.

A selection of the best upstream articles from this week.

The International Energy Agency (IEA) has released its oil market report for June.

The International Energy Agency discusses the global effects of rising US oil production.

An energy industry consortium set up to tackle the challenge of enhancing oil recovery has started its mission with a meeting.

Research and Markets has released analysis of the global shale gas market, 2013 – 2019.

EY discusses the contribution of the African oil and gas industry to national economic growth.

EY takes a look at growth in Africa.

The recent Sino-Russian gas deal shows that the centre of gravity in global energy markets has now shifted from the West.

It will be installed at a new simulation centre in the HMC Academy at the company’s HQ in Leiden, the Netherlands.

From mid-July, the new headquarters will be at a facility nearby the company’s existing address in Oldenzaal, the Netherlands.

According to research by Hay Group, US employees can expect a base salary increase of 3.0% in 2015.