Oil & gas news

WSP Parsons Brinckerhoff has announced it has finished drilling and completing five new horizontal natural gas storage wells near Athens, Texas.

Damen Shipyards Group has announced the completion of a key construction contract, comprising two electric-powered cutter suction dredgers for the Canadian oil sands industry.

ROVOP and WFS Technologies have announced a new collaboration effort to reduce certain operating costs by up to 80% and extend asset life by years.

A collaboration between Blueshift International Materials, Inc., the University of Strathclyde and the Oil & Gas Innovation Centre (OGIC).

The Force forum aims to strengthen cooperation in research and development projects (R&D) at a two-day seminar hosted by the Norwegian Petroleum Directorate.

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that it has entered into a committed seven year senior secured revolving credit facility of up to US$5.0 billion, with an initial committed amount of US$4.3 billion.

Underlying replacement cost profit for the full year was US$5.9 billion, compared with US$12.1 billion reported for 2014, down 51%.

Even currently on track for highest-ever visitor numbers despite industry slowdown.

GE Oil & Gas has announced five new initiatives to accelerate cutting-edge technology development and testing across the energy value chain.

The Open Innovation Awards fast track promising ways to reduce fresh water in shale oil and gas production.