Oil & gas news

The company’s software solutions facilitate better fleet management and information sharing between ship and shore.

Lundin Petroleum AB (Lundin Petroleum) will expense pre-tax exploration costs of approximately US$71 million and recognise a net foreign exchange gain of approximately US$159 for the first quarter of 2016.

The award will support research evaluating the geological structure and hydrocarbon prospectivity of the western platform and Mid North Sea High areas of the central North Sea.

Aqualis Offshore and China Ship Design & Research Center Co. Ltd (CSDC) have signed an agreement to cooperate on engineering projects both in China and internationally.

AVEVA announced that AVEVA Engage™ is supported on Microsoft Surface Hub™.

WellDog has announced that it has inked exclusive, multi-year contracts worth about AUS$35 million through its Artificial Lift business unit based in Toowoomba, Queensland, Australia.

Viper Subsea has won a Queen’s Award for Enterprise in Innovation for its V-LIFE system, which aids operators in extending offshore fields.

The award is the highest accolade for business success.

The well was spud on 20 April 2016. The company expects to reach a total measured depth of 2640 m.

The first 1010 m coiled tube reel is to be symbolically delivered in October 2016 to meet the needs of offshore oil and gas customers.