Oil & gas news

“These amendments are about having the best safety standards in place, while clarifying the regulatory environment for industry,” stated Minister of Natural Gas Development, Rich Coleman.

Production sharing contract (PSC) between Africa Petroleum and Ophir Energy plc covering the CI-513 licence area in Côte d’Ivoire is now effective.

Groundstar Resources Ltd has announced the appointment of a new director of the company.

PetroMaroc Corp. plc has announced that it has signed a binding sale and purchase agreement (SPA) with Sound Energy plc on the Sidi Moktar Licences, located in Morocco.

This contract covers services for the existing Girassol, Pazflor, Dalia and CLOV FPSO units and associated subsea field development.

A joint industry project (JIP) to standardise subsea processing systems has been kickstarted by DNV GL with industry partners Petrobras, Shell, Statoil and Woodside.

Seatronics and RTS have achieved 100 successful global installations with its industry leading SDM system.

New data has revealed a shortage of senior candidates in the energy sector looking for non-executive director (NED) positions.

The company acquired Loggers Rubbertechniek B.V., an international solutions provider in the fields of shock, vibration and noise control.

The lifting of EU and US sanctions on Iran under the JCPOA poses both opportunities and uncertainties for the oil and gas sector.