Oil & gas news

Precision Drilling Corp. has appointed Carey Ford as Senior Vice President and Chief Financial Officer and Veronica Foley as Senior Vice President, General Counsel and Corporate Secretary.

At full rate production, the facility is designed to produce up to 10 000 bpd of natural gas condensate and 200 million ft3 of recycled gas.

The two companies will join forces to enhance safety, reduce risk and increase visibility of asset condition across on and offshore assets.

Providence Resources has provided a technical update on its Exploration Collaboration Project with Schlumberger.

Siemens has announced the market launch of the Simatic Energy Suite engineering tool for energy management in automation systems.

Bowleven has announced that it has been awarded a 1 year extension to the existing Bomono exploration licence, onshore Cameroon, pending the final award of an Exploitation Authorisation (EA).

Asgeir Drøivoldsmo, Programme Committee Chair for SPE Intelligent Energy 2016 introduces core concerns surrounding the digital oilfield that will be addressed at SPE, taking place in Aberdeen from the 6 - 8 September.

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.