Offshore & subsea - 28 May 2015

Deirdre Michie, Chief Executive of Oil & Gas UK, commented on the new Energy Bill.

Premier has announced an oil discovery at the Isobel Deep exploration well 14/20-1 in the North Falkland Basin.

The project is sponsored by BG, ExxonMobil, Petrobras and Total.

The contract is valid for three years.

The Board of Directors of DNV GL Group has appointed Remi Eriksen as the company’s new Group President & CEO.

A new market research report shows growth trend in the global oil and gas drill bits market.