Oil & gas news
OMV announces new gas discovery in the Latif block, Pakistan
New gas reserves discovered through Latif South-1 exploration well.
API cheers House vote for crude exports
House vote promises a new era of energy security.
VAALCO Energy provides update on operations offshore Gabon
VAALCO Energy Inc. has announced a re-sequencing update to its drilling and workover program offshore Gabon in the Etame Marin block.
Ocean installer signed regional framework agreement with BP
Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region.
OPITO urges industry not to compromise on safety at sub US$50 oil
The oil and gas skills and training body today called on the industry not to cut corners on safety training and competence.
House votes to lift crude oil export ban
On Friday 9 October The House of Representatives voted to lift the ban on oil exports.
New tech helps operators meet fracking regulations affordably
QuakeMonitor™ is a cost effective SmartSensor®-based system that is easy to deploy and efficient to operate.
ACE Winches engineers one of the world’s largest chain mooring system
The chain winch package will be used to pull the heaviest chains ever installed by Heerema, with a diameter of 178 mm.
LGO acquisition of a 25% Stake in BOLT
LGO has announced that the Company has completed the acquisition of a 25% stake in Beach Oilfield Limited.
Starting subsea gas compression – boosting Gullfaks recovery
Statoil with partners Petoro and OMV have started the world´s first wet gas compression on the seabed of the North Sea Gullfaks field.