Oil & gas news
Petrofac’s collaborative approach secures contract extensions
Contract extensions granted to Petrofac by Centrica and EnQuest.
API welcomes new GIS Vice President
API has announced that Lisa Salley will act as the Global Industry Services’ Vice President, responsible for standards, training and safety programmes for oil and gas operations to name a few.
Congo: Total starts up Moho Phase 1b project
Total has brought on stream the Moho Phase 1b project, which is located 75 km off the coast of Pointe-Noire in the Republic of the Congo.
Thirty year old napkin sketch became a 2015 reality
A subsea compression innovator is presented with President’s Award by SUT.
Shelton Petroleum AB: distribution of the Ukrainian operations
Zhoda Petroleum distributed amongst shareholders.
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.