Oil & gas news

Issue of exposure means pipeline companies suffer losses after doubts cast on Chesapeake.

Fugro and Areté Associates have successfully delivered near real-time, synoptic, surface current data to characterise Loop Current and Loop Current eddy conditions in the US Gulf of Mexico during a period of intense current conditions.

Turnover set to decline in harsh industry environment.

Cost-saving mixer to improve efficiency and reliability.

Essar Oil Ltd., India’s second largest private refiner, has reported results for the third quarter ended 31 December 2015.

Kennametal Inc. has announced the election of William M. Lambert to its board of directors.

Fratelli Neri S.p.A has taken delivery of a Damen ASD Tug 3212.

Petronas, Shell, ONGC, Petrofac, Halliburton and Schlumberger will attend the Offshore Well Intervention Workshop in Malaysia.

MEO Australia Limited (ASX: MEO) has provided an update in relation to Block 9, onshore Cuba.

The contract is to supply and install or identical pieces of integrated well control equipment.