Oil & gas news

The CJ34 sets a new standard for jack-up drilling rigs used in mature oil and gas fields.

New features are hoped to boost petroleum industry insights.

Drilling commences offshore Malaysia for the Selada exploration well.

New generation flow control product can withstand extreme high pressures and temperatures.

Mitsui & Co. Ltd has stated that it has reached an agreement with Santos Ltd regarding the acquisition of the Santos’ 35% working interest in the Kipper gas and condensate field.

Extending its previous contract with Statoil, Hansen Protection is to deliver several hundred thousand survival suits over the next seven years.

Aegean Marine Petroleum Network Inc. has announced that it has entered into a new US$120 million credit facility for its wholly-owned subsidiary, Aegean Oil Terminal Corp. arranged by local United Arab Emirates banks.

Global energy ministers from the CSLF gathered at Saudi Aramco headquarters today.

Propane used as fuel for power generation.

Statoil has received an Expert calculation of revised tract participations for the Agbami field in Nigeria.