Oil & gas news
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.
DSL MENA expands Middle East operations
New facility in Hamriyah UAE, with quayside access providing direct access to the Arabian Gulf.
Lundin receives consent for exploration drilling in the Barents Sea
The PSA has now granted Lundin consent for exploration drilling.
API issues updated standards for shale development
Latest technical direction for operators to improve well integrity, groundwater protection and environmental safety.
Glori Energy names Kevin P. Guilbeau as new Executive Chairman
Glori Energy Inc., an energy technology and oil production company, has announced the appointment Kevin P. Guilbeau as Executive Chairman of the Board.
Condor's KN-501 primary basin well reaches total depth
Gas shows encountered during Condor Petroleum's drilling.
Lundin Petroleum sells its Indonesian business
Medco to acquire Lundin Petroleum’s oil and gas assets in Indonesia.
McDermott wins EPCI project for four jackets offshore Qatar
Brownfield project awarded by Qatar Petroleum.