Oil & gas news
Statoil: subscription price set for Q4 2015 dividend issue
The volume-weighted average share price for the respective trading days was NOK 137.52. The subscription price per share is set at NOK 130.64.
BNEF: Coal and gas to stay cheap
The 2016 edition of BNEF's long-term forecast expects US$11.4 trillion investment in global power generation capacity over 25 yrs, with electric vehicles boosting electricity demand by 8% in 2040.
Union Jack Oil to acquire interest in PEDL182 licence
The company has used production revenues to buy a stake in PEDL182 incorporating the Broughton North Prospect.
DNV GL guideline scraps unnecessary subsea documentation
Customer-case shows potential for a 40% reduction in engineering hours on subsea paperwork, and up to 80% less documentation.
Lower prices and increased US competition to keep natural gas supply lower
The NEB has released its Short-term Canadian Natural Gas Deliverability, 2016 - 2018 report that projects supply and future pricing for Canadian natural gas over the next two years.
Become an employer of choice with employer branding
Twenty-two percent of employers surveyed see the main issue facing the industry in the next six to twelve months as skills shortages.
Det norske and BP join forces to grow Norway’s leading independent oil and gas producer
The deal creates a strategic platform for long-term growth in Norway.
Beach Energy names CFO
Beach Energy Ltd has reported the appointment of Mr Morné Engelbrecht as its Chief Financial Officer.
Hexion’s Oilfield Technology Group expanding Canadian proppant manufacturing plant
The plant located in Sturgeon County, north of Fort Saskatchewan, Alberta, Canada is in the process of a phased expansion project.
Oil and gas firm defies the sector’s downturn with help of Siemens Financial Services
Epic provides technical manpower to the oil and gas industries and delivers modifications and upgrades to brownfield sites.