Oil & gas news
Aqualis Offshore and CSDC join forces
The companies have signed an agreement to co-operate on engineering projects both in China and internationally.
EIA: expected drop in Lower 48 oil production offset by rising GoM output
Sharp decline in oil prices since the fourth quarter of 2014 has had a significant effect on drilling in the US.
MAC wins five-year Maersk Oil deal
MAC will provide a wide range of marine assurance and warranty services.
Bureau Veritas publishes guidelines for offshore access systems
The guidelines provide a clear overview of the safety principles and technical requirements for the design of dependable equipment for the safe transfer of personnel at sea.
Oil prices expected to be on the road to recovery through 2017
Positive predictions from Stratas Advisors’ Short Term Price Outlook offer hope during a period of turmoil for the oil and gas industry.
Total presents new business action plan
Total’s ambition is to meet the energy needs of a growing world population, tackle climate change and provide solutions that match changing customer expectations.
ExxonMobil starts production at Julia oilfield in the Gulf of Mexico
The first production well is now online and a second well will start production in the coming weeks.
Rockhopper plc acquires non-operated production and exploration assets in Egypt
Rockhopper Exploration plc has announced amended terms for the acquisition of a portfolio of non-operated production and exploration interests in Egypt from Beach Energy Limited.
Simultaneous underwater repairs on two offshore vessels in Mexico
Repairs were carried out on both azimuth thrusters of an FPSO while the thruster seals of a heavy load carrier were replaced.
DW forecasts subsea hardware expenditure to total US$94.3 billion
Douglas-Westwood (DW) forecasts subsea hardware expenditure to total US$94.3 billion between 2016 and 2020.