Acoustic Data Closes US$8m Investment from Energy Growth Momentum
Oilfield services entrepreneurs secure growth equity investment to scale global operations.
Special reports
READ Cased Hole strengthens Middle East service with regional appointment
Mohd. Mansour Esreb, based in Doha, Qatar will work with READ to drive new business opportunities and support the company’s valued existing relationships in the region.
Airswift develops new model for oilfield service supplier relationships
A response to operators’ desire to increase performance while decreasing costs, it enables operators to bring traditional service spend in-house, driven by Airswift and its contractors.
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GlobalData: Petrobras will drive over 76% of Brazil’s crude and condensate production to 2021
Petróleo Brasileiro S.A.’s (Petrobras) liquids production is expected to grow to 2.7 million bpd by 2021.
Westwood Insight: Mid-to large-cap E&P 2017 results
Unit costs up 2% whilst operating cashflow rebounds and balance sheets strengthen.
BP and Petrobras form alliance
BP and state-owned Brazilian oil company Petrobras have announced that they have signed a memorandum of understanding to form a strategic alliance to jointly explore potential business opportunities both in Brazil and beyond.
Columbus Energy: Potential acquisition of a 50% interest in the Icacos field - Trinidad
The company currently holds a 50% non-operated interest in the Icacos Field, via its subsidiary Leni Trinidad Limited ("LTL").
Big Statoil investments in the North
Celebrations at Sandnessjøen when the news broke that Aker Solutions’ northernmost plant will deliver the ten subsea templates for the Johan Castberg field on 5 March.
Rystad Energy: China’s promise to cut tariffs and open economy allows several US producers to breathe easier
During his speech Tuesday at the Boao Forum, Chinese President Xi Jinping gave reassuring words to help calm tariff tensions with the US. Xi’s commitment to cut tariffs and open the economy could be a first step in drawing more interest from foreign investment.
More Special reports news
Deloitte: upstream oil & gas companies face portfolio predicament
Deloitte’s report, the second in its Upstream Diversification Index (UDI) series, reviewed asset portfolios of the top 230 global upstream companies to examine the disconnect between the actions of companies and the verdict of financial markets.
GlobalData: Russia leads planned and announced projects count to 2025
A total of 43 crude and natural gas projects are expected to start operations in four countries in the Former Soviet Union (FSU) between 2018 and 2025, according to GlobalData.
NOVATEK reports preliminary operating data for the first quarter 2018
PAO NOVATEK reported preliminary operating data for the first quarter 2018.
Well-SENSE scoops second ICoTA award
Downhole technology specialist, Well-SENSE, has been awarded the prestigious Intervention Technology Award from the Intervention and Coiled Tubing Association (ICoTA) for its pioneering FiberLine Intervention (FLI) Technology.
Hurricane Energy provides final results for year ended 31 December 2017
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces its final audited results for the year ended 31 December 2017.
Cosasco awarded ONGC contract
India’s national oil company selects Cosasco to deliver integrated corrosion monitoring system.