Oil & gas news
Petrofac wins project in Kuwait
Kuwait Oil Company has awarded a contract worth US$780 million to Petrofac.
Oilsands will remain an leading oil supplier
IHS ha said that the oilsands will continue to be a leading source of global oil supply despite lower oil prices and other headwinds.
Baker Hughes awarded Statoil production contract
Statoil Petroleum AS has awarded an eight-year contract for the design and supply of production chemicals to Baker Hughes.
AGL Energy Limited completes upstream gas review
Review results in asset impairments of circa US$435 million after tax.
Wellsite Rental Services to merge with Viking Oil Tools
The merger will form Wellsite Fishing and Rental Services, LLC.
Opening statements: US oil export hearing
The opening statements from a recent hearing on US crude oil exports.
Sub-Atlantic seals second ROV deal with AALEA Offshore
Sub-Atlantic wins contract again with AALEA for ROV systems.
GE Oil & Gas offers new riser connectors
GE Oil & Gas and Subsea Riser Products Ltd have worked to develop new completion and workover riser connectors for the offshore market.
MOL Group acquires first Norwegian asset
MOL Group has acquired Ithaca Petroleum Norge from Ithaca Petroleum Ltd as its first Norwegian acquisition.
GE launches production optimisation project with BP
4000 global oil wells to be connected to the ‘Industrial Internet’