Oil & gas news
Full effects of OPEC decision felt, as Brent Crude oil price hovers at US$40 a barrel
George Johnson, Executive Advisor of KPMG’s O&G practice said, “The apparent discord among OPEC members continues to influence sentiment and oil prices.”
North West Shelf project approves development of GWF-2 project
Woodside approves project off the north-west coast of Australia.
NuTech acquires pipelines assets
NuTech Energy Resources, Inc. announces acquisition of pipeline assets exceeding 400 miles.
Trelleborg inducted in to Offshore Energy Centre Hall of Fame
Trelleborg was awarded for its contribution to drilling technology for marine riser buoyancy.
Statoil and Repsol announce transactions in Norway, UK, US and Brazil
These transactions increase the number of Statoil’s operatorships in priority areas, providing greater control of asset development and costs through shared efficiencies.
CIS Group celebrates 10 year anniversay with successful conductor installation campaign
Early completion reduces time and saves money.
ProntoForms announces winner of Inaugural Mobile Visionary Award
Dwayne Williams, HSSE Supervisor, Shell Canada, has received the Inaugural Mobile Visionary Award.
DNV GL CFD software to optimise gas detection
DNV GL launches two JIPs for improved efficiency and precision IN CFD in offshore engineering.
Tuscany commences oil production at Winter, Saskatchewan
Horizontal oil well shows strong early results.
A disappointment for Holloman Energy at Australian exploration well
No hydrocarbon shows found on the Baikal exploration well.