BiSN seals deal with significant investment
BiSN, a producer of metal-to-metal downhole sealing solutions, has been awarded significant investment by the Aberdeen-based Oil & Gas Technology Centre (OGTC).
BiSN, a producer of metal-to-metal downhole sealing solutions, has been awarded significant investment by the Aberdeen-based Oil & Gas Technology Centre (OGTC).
The two companies have completed the transfer of rights in Lapa and Iara concessions.
The work will be performed with the subsea vessel Havila Subsea from early February onwards.
Aker BP has a strong cash flow outlook and a robust balance sheet with a US$2.9 billion liquidity reserve, enabling the company to increase dividends for 2018 to US$450 million, and further strengthen its position as the leading independent E&P company offshore.
Site activities have been suspended pending repairs and are expected to resume mid-February.
Gavin Booth joins the company as sales manager for UK and Holland while Thomas Karlsen is welcomed as sales manager of Scandinavia. The duo bring more than 20 years of oil and gas experience to Pipetech.
Cantor Fitzgerald Europe has announced that it has made a number of senior hires with a focus on Oil & Gas, across its corporate finance, research and sales teams.
With c.US$102 billion of decommissioning related expenditure forecast to 2040 in Western Europe, it represents a significant opportunity.
Aker Solutions ASA has completed a NOK 1500 million senior unsecured bond issue with maturity in July 2022.
Update includes information on the Sea Lion project, production in Abu Sennan and the Ombrina Mare arbitration.
Northern Offshore announces the sale Of jackups Energy Endeavour and Energy Enhancer and entry into two management service contracts.
The Full Year Results of 2017 will be announced on Thursday 8 March 2018.
Wentworth, the Oslo Stock Exchange and AIM listed independent, East Africa-focused oil & gas company, provides an update to shareholders.
API President and CEO has released a statement on Interior Secretary Zinke's announcement to remove the Eastern Gulf of Mexico from the five-year offshore oil and natural gas leasing plan.
This three-year contract has been awarded following the successful completion of Phase 1 of the BP Khazzan Project in September 2017.