Oil & gas news

The latest figures show that rig counts are down from March 2016.

The partnership will see Gardline’s DP2 multi-role survey vessel, the MV Kommandor, enhanced with the permanent installation of Neptune’s Explorer 06 100HP ROV.

Survey of America's oil and gas industry at OTC Houston in Texas reveals ‘adoption of new technologies’ as the critical business issue in the next 18 months.

Bibby Offshore’s construction will support vessel Olympic Ares, and its diving support vessel Bibby Polaris perform subsea engineering work.

The company has shut down its RMWB operations in a controlled manner and worked with government to enhance fire protection measures in the region.

Wood Group has secured two new, 3 yr contracts, together valued at over US$140 million.

Fluor’s Energy, Chemicals & Mining segment reported segment profit of US$182 million in the first quarter of 2016.

A team led by AJ Jain, Harkand North America Managing Director, has agreed to a management buyout of Harkand’s North American and African business.

The EIA has found that in 2015 US oil imports had a higher API gravity than domestically produced crude.

Baker Hughes Inc. has announced that the international rig count for April 2016 was 946, a decrease of 39 from the 985 counted in March 2016.