Harvest Oil & Gas announces divestiture of San Juan Basin assets
The company plans initially to use net proceeds to reduce outstanding borrowings under its revolving credit facility.
Special reports
Fluor awarded contract to design and build new Valvoline lubricants facility in China
The project is Valvoline’s first plant in China. Fluor booked the undisclosed contract value in the fourth quarter of 2018.
GlobalData: Shell’s move on Bonga Southwest/Aparo is a major boost for Nigeria’s deepwater oil sector
Cao Chai, Upstream Oil & Gas Analyst at GlobalData, offers her view on the deepwater project.
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Hydraulic fracturing market to be worth over US$68 billion by 2024
Increasing investment towards exploration and production of unconventional resources due to rising concern towards rapid depletion of conventional resources will drive the hydraulic fracturing market size during the forecast period.
GlobalData: Russia and Colombia lead global oil and gas discoveries, during Q4 2018
Russia had two natural gas discoveries in the West Siberian basin and an oil discovery in the Okhotsk basin, while Colombia had three conventional oil discoveries, all in the Llanos Orientales basin.
Proserv makes senior subsea appointment to strengthen technology drive
The new CTO will be based at the firm’s Technology Centre of Excellence in Trondheim.
GlobalData: Shell leads global new-build CAPEX outlook on planned and announced upstream projects to 2025
A total new-build capital expenditure (CAPEX) of US$846 billion is expected to be spent globally on planned and announced upstream projects from 2019 to 2025.
Tata Steel makes key appointment to support business growth
Peter Bradshaw joins Tata Steel as technical sales manager – Energy & Power with nine years’ experience in technical sales and the oil and gas industry.
Oil and gas sector logistics expert warns industry's EU traders not to 'hold their breath' about Malthouse Compromise
Adam Johnson, director of Leeds-based Tudor International Freight, said the proposed blueprint for the period following UK withdrawal from the bloc was unlikely to be adopted for various reasons.
More Special reports news
TIPRO releases “State of Energy Report”
Texas leads the nation in oil & natural gas production, employment growth.
Rystad Energy: Venezuela production could fall below 700 000 by 2020
The fall in the country’s crude oil production is poised to carry over into 2019, according to Rystad Energy.
GlobalData: Total’s discovery in South Africa will re-energise stalling gas industry.
Following the news of a major gas discovery in South Africa by Total SA, Jonathan Markham, Oil & Gas Analyst at GlobalData, offers his view on the find and the industry in South Africa.
WellConnection Group signs deal on first UK acquisition
WellConnection Group, a Norwegian inspection, maintenance and repair (IMR) company has acquired Peterhead-based Independent Oilfield Services (IOS) in a deal which marks their entrance into the UK market.
Subsea Expo attracts record attendance numbers Subsea UK’s flagship event hailed huge success
More than 6500 visitors made their way to Europe’s largest subsea event, Subsea Expo, in Aberdeen this week.
Proserv sells precision engineering company KRG Industries to GIL Investments
The divested business will now trade as KRG Specialist Engineering Services Limited and will continue to operate from its current facilities.