Oil & gas news
Ashtead Technology attracts new strategic owners
Buckthorn Partners and the Arab Petroleum Investments Corp. (APICORP) have acquired Ashtead Technology.
Marathon Oil to divest US$950 million of non-core assets
Since August 2015, the company has announced or closed non-core asset sales of approximately US$1.3 billion.
Genel Energy receives payment for KRI oil exports
Genel Energy has announced that the Taq Taq field partners have received a gross payment of US$19.88 million from the Kurdistan Regional Government for oil sales during March 2016.
Gas discovery at Bellatrix–Fourth appraisal well confirmed
Gas has been discovered by FAR Limited and its partners in the BEL-1 well offshore Senegal.
Funding secured to tackle improved oil recovery challenge
FCMG has committed another £1.1 million to Heriot-Watt University to extend their sponsorship of the FCMG Chair.
Reservoir dredge package delivered
CSD500 with X-mas tree commissioned and at work.
Horse Hill-1 discovery produces significant oil flows to surface
Total flow likely the highest aggregate stable dry-oil flow from any onshore UK new field wildcat discovery well.
GE begins production of Prelude flexible risers
The four HPHT dynamic flexible risers will be utilised on the Prelude field some 250 km offshore Australia.
Noble Energy provides Gulf of Mexico drilling update
The Silvergate exploration well, drilled on Mississippi Canyon has been abandoned.
ADIPEC reveals list of confirmed CEO speakers for 2016
ADIPEC 2016 continues to attract senior representation from the world's industry giants.