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Oil & gas news

 

Statoil to cancel rig contract

Statoil has decided to cancel the contract with Songa Trym, four months before the expiration of contract on 4 March 2016.

 
 
 
 

Aibel receives Centrica contract

Centrica Energy Norway has awarded Aibel a frame agreement for Field Development projects on the Norwegian Continental Shelf.

 
 

GE Oil & gas to acquire Advantec

The deal will boost GE’s ability to offer cost-efficient products and services to customers worldwide.

 
 

Drilling at Icewine #1

As at 29 October 2015 10:00 (AK time), the Kuukpik Rig 5 had drilled to a total depth of 3515 ft.