Special reports

The company has closed the previously announced transaction to sell its 100% owned subsidiary, OMV Tunisia Upstream GmbH, to a subsidiary of Panoro Energy ASA.

The appointments signal EnerMech’s strong intent to substantially expand the business across global energy, engineering and infrastructure markets.

The 2019 operating plan is expected to continue driving underlying improvement in return on capital employed.

No single technology will provide a ‘silver bullet’ to the challenges faced by Norway’s oil and gas industry, according to a new report out today from research consultancy, Westwood Global Energy Group.

Maurel & Prom Venezuela, subsidiary of Maurel & Prom, has acquired Shell’s 40% interest in the Petroregional del Lago Mixed Company.

The companies have announced that they have achieved significant progress in the scope of their Strategic Alliance, signed in March 2017.

Oranje-Nassau Energie B.V. and SHV Holdings have announced that an agreement has been reached on the merger of their upstream energy businesses, in a combined entity called ONE-Dyas.

The company has appointed Phil Cooper as its corporate development director to support the continued growth of the company.

Neptune Energy has announced the appointment of Eko Lumadyo as Managing Director of its Indonesian business, based in Jakarta.

An expected US$210 billion will be spent on offshore oilfield services globally next year, according to Rystad Energy’s latest project sanctioning report.

Brad Baker reflects on the state of the oil and gas industry, and what may lie ahead in 2019.

The investment will be used to drive sales expansion and to bring to market additional artificial intelligence-enabled solutions, including methane detection.

2018 stands already as the best year for global oil and gas exploration since 2015. Guyana, Russia and the United States top the list with major discoveries.

Following production cuts mandated by Alberta’s Premier in early December 2018, Adrian Lara, Senior Oil and Gas Analyst at GlobalData, offers his view on the impact on the upstream sector.

Sector enters the new year prepared to capitalise and build.