Oil & gas news
Cantilever drilling jack-up CJ43
The CJ34 sets a new standard for jack-up drilling rigs used in mature oil and gas fields.
New features at 9th IPTC
New features are hoped to boost petroleum industry insights.
Lundin Petroleum commences Selada exploration well
Drilling commences offshore Malaysia for the Selada exploration well.
Peak launches the SIMULTRA retrievable bridge plug
New generation flow control product can withstand extreme high pressures and temperatures.
Mitsui acquires interest in Kipper gas and condensate field
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.
Hansen Protection and Statoil agreement
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. secures new financing for Fujairah oil terminal
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.
Saudi Aramco demonstrates track-record of energy efficiency and carbon management
Global energy ministers from the CSLF gathered at Saudi Aramco headquarters today.
Wärtsilä power plants now capable of running on propane
Propane used as fuel for power generation.
Reduced equity share at Agbami following redetermination
Statoil has received an Expert calculation of revised tract participations for the Agbami field in Nigeria.