Oil & gas news
IMES secures frame agreement with Bibby Offshore
The frame agreement, for equipment inspection and management is potentially worth a seven figure sum and has a duration of three years.
Gazprom Export completes gas auction for Baltic states
The auction of Gazprom Export for sales of natural gas for the Baltic States conducted on 15–17 March 2016 has ended successfully.
Energy Institute looks for best of the energy sector
The Energy Institute (EI) is inviting individuals and organisations to enter its annual energy awards competition.
WPC and OFID launch new initiative
Major oil and gas companies have joined together with the OFID and WPC to support the achievement of the new Sustainable Development Goals.
Developing the next wave of oil and gas leaders
Attracting graduates and nurturing young professionals in the initial years of their careers, has been a focus of discussions at OTC Asia.
ENN Group acquisition of STO shareholding from Hony Capital
ENN Group has announced the proposed acquisition of Hony Capital’s 11.7% shareholding in Santos, subject to certain conditions.
Budget 2016 – More questions than answers
The changes announced by the UK Chancellor George to the North Sea tax regime are unlikely to have a significant impact on investment in the near term.
Subsea UK to discuss collaboration between companies in SW England
Neil Gordon, chief executive of Subsea UK said: “There is a huge amount of innovation and expertise in the south-west of England”
GustoMSC launches new self-propelled cantilever & jack-up
The NG-3500X can operate in a water depth of up to 80 m and bridges the gap between service units and full-fledged drilling rigs.
DW: considerable growth potential in Iranian O&G sector, though barriers remain
The lifting of sanctions represents a significant step forward for Iran’s re-entry into the global oil & gas market.