Exploration

The three day conference and exhibition featured 192 peer-selected technical papers, a 40% increase over the first OTC Brasil, held in 2011.

OMV has closed the acquisition of assets in Norway and the UK (west of Shetland area) from Statoil.

Gulf Keystone Petroleum International, an independent oil and gas company with operations in Iraq, has announced that the Akri Bijeel Block has been declared commercial.

GlobalData predict the global gas-generator set market will increase to US$ 6 billion by 2020, at an annual growth rate of 8.9%.

Schlumberger has announced the release of the SonicScope multipole sonic-while-drilling service for wells with large boreholes.

Vroon Offshore Services has requested deliveries of ship design, equipment and services of two platform supply vessels.

Statistics suggest that while more women are seeking job opportunities in oil and gas, the industry still has a long way to go.

Maaskant Shipyards, part of the Damen Group, has been contracted again to supply seismic research support vessels.

The latest EIC Monitor report shows steady growth in both volume of projects and investment across the global energy project landscape.

Petrobras announces the winner of the first pre-salt bidding round held by the Brazilian NAP.

GlobalData have said that Libya’s oil and gas industry is to suffer long lasting effects due to the country’s instability.

Some staff appointments made in oil and gas companies across the globe during October 2013.

With high operating and development costs surrounding many offshore Arctic fields, profit can only be achieved with decreased state taxation rates says an analyst with GlobalData.

Despite a pause in drilling activity during the third quarter of 2013, the North Sea remains an investment focus, according to Deloitte.

Gail (India) has signed a Gas Corporation Agreement with the Bihar government, which will see the company expand the natural gas footprint in eastern India.