Successive changes to Romania’s regulatory framework governing the oil and gas sector have made for an uncertain investment climate, according to GlobalData.
Intellectual property violation centred on tubular running mechanisation.
A surge in final investment decisions (FIDs) this year on new petroleum projects worldwide could see sanctioned volumes of oil and gas – excluding shale and tight oil and gas prospects – nearly triple compared to last year’s tally.
The company has completed the previously announced acquisition of the 6% shareholding in Horse Hill Developments Ltd from Doriemus PLC.
The endorsement follows a decade of efforts by Equatorial Guinea to join the initiative, which seeks to address key governance issues of transparency and accountability in the extractive sectors.
New joint venture acquires NOBU, a Dubai based tubular manufacturer and provider of tube repair services.
The oil and gas industry’s role in tackling climate change will be a major focus at IP Week 2019, taking place in London 26 - 28 February, says Energy Institute Chief Executive Louise Kingham OBE FEI.
New joint venture entity will be the industry’s first fully Integrated automation solutions provider, combining Rockwell Automation’s integrated control and information solutions with Schlumberger’s O&G expertise.
The company has further expanded its capabilities in the Middle East with the acquisition of Murjan Al-Sharq Marine Contracting LLC (MSMC).
Craig Mueller is responsible for AGC’s commercial strategy, business development, advancement of technologies for customer-focused products and leadership of its worldwide sales team.
Global liquefied natural gas (LNG) regasification capacity is expected to grow by 43% between 2019 and 2023, from 45.7 trillion ft3 in 2019 to 65.9 trillion ft3 by 2023, according to GlobalData.
After years of budget cuts, oil and gas companies are finally stepping up their exploration game. Several wildcat wells planned for 2019 have the potential to be 'elephant' finds, according to Rystad Energy.
The operator of the HH-1 Kimmeridge Limestone and Portland Sandstone oil discovery, has announced that Portland oil production has been re-established from the Horse Hill-1 well in which the company has an 11.765% interest.
Having the best equipment for the task in hand is essential, but maintaining it to ensure it always delivers is arguably even more important, as John Curno of Bosch Rexroth discusses.
As a result of the work conducted to date on the Licence, including the successful drilling of the TLP-103C well, SNPC owes approximately US$10 million to AAOG in respect of SNPC’s share of the total costs.