Oil & gas news
NuTech Energy Resources Inc. to acquire Emerald Operating and Rocky Mountain exploration wells
NuTech Energy Resources Inc. has announced that the company has entered into an agreement to acquire wells from Emerald Operating Company and Rocky Mountain Exploration Inc.
Ophir completes G4/50-11 wildcat exploration
Ophir has announced that it has completed operations on the G4/50-11 wildcat exploration in the South Western Graben of the Gulf of Thailand.
U.S. Water announces acquisition of A and W Technologies
The acquisition will expand the company’s area of operations and boost presence in the S.E. USA.
Drilling of exploration well 34/8-16 S completed
Statoil Petroleum AS, operator of production licence 120, has announced it has completed drilling of exploration well 34/8-16 S.
Statoil minor gas discovery near the Visund field
Minor gas/oil/condensate discovery near the Visund field in the North Sea – 34/8-16 S.
ITF’s GCC members agree to advance hybrid EOR proposals
Companies will have the opportunity to invest in developer ideas.
Costain cuts North Sea exploration project costs
UK engineering solutions provider Costain has been instrumental in helping Ithaca Energy save several millions of pounds.
Deep Casing Tools awarded order in excess of US$4.7 million
The order is the largest ever secured by the company.
OMV Norway signs 3 year frame agreement with Aptomar
OMV Norway has signed a three-year frame agreement with Aptomar to deliver its integrated field monitoring services for the operator’s future drilling activities.
DNV GL – guidance on offshore inspection planning could cut costs
The low oil price and a reduction in newbuilds have driven the integrity of existing assets up the agenda for the oil & gas industry.