Oil & gas news

Action follows successful beta trial of WellDog’s shale gas sweet spot discovery service.

The contract has a value of NOK1.1 billion over the 10-year contract period.

Saint-Gobain Seals has opened a new large diameter seal production facility at its Kontich, Belgium site.

EM&I Australia has received formal notification of a contract award from BW Offshore, for a Frame Agreement to supply conventional and specialised NDT services on the Umuroa FPSO.

Wood Group is looking for interest from technology vendors concerning game-changing technologies to aid a subsea joint industry project.

Priorities: safeguarding cash flow, sustainable upstream business, highly competitive downstream oil division, restructured downstream gas business.

Lankhorst has announced the delivery of a substantial distributed buoyancy module project for Technip.

Highlights taken from OMV’s most recently announced results.

The financial highlights show an adjusted net loss of US$869 million, or US$1.28 per diluted share.

Atlas Knowledge Group has reported robust financial results for 2014/15, with continued growth and further international expansion set to continue.