Oil & gas news

Launches restructuring plan and accelerates cost reductions.

Stirling Group has gained Lifting Equipment Engineers Association accreditation, becoming an associate technical training member company.

1H15 saw Bibby Offshore Singapore secure multimillion US dollars worth of contracts in the Southeast Asian oil and gas sector.

Well GY-675 at the Goudron field development has reached total depth at 3660 ft MD and spudding has begun on a fifth well, GY-676.

Statoil has awarded a contract for integrated drilling services for Johan Sverdrup to Baker Hughes Norway.

OECD energy production hit a new high in 2014.

Company contracted by Perforadora Mexico to support with the transportation and installation of a platform rig for a fixed platform offshore Mexico.

Douglas-Westwood examine how Petrobras is facing production decline and the fall in oil prices.

ION Geophysical Corporation has recently launched the first phase of MexicoSPAN, uniting both onshore and offshore margins.

Canada and India have highlighted their growing energy relationship.