Oil & gas news
Unstable oil prices highlight tax structure vulnerabilities
EY calls for governments to introduce new incentives and adjustments to tax regimes required in the current price environment to support the oil and gas industry.
ExxonMobil’s Kearl expansion project starts production
The Kearl expansion project begins production ahead of schedule and production capacity increases to 220 000 bpd.
Miloslaw-4K Well drilling begins
FX Energy begins drilling Miloslaw-4K Well in Poland
ITC Global completes fleet transition for Shelf Drilling
ITC Global has outfitted Shelf Drilling rigs with a fully managed communications system.
AnTech Ltd reports record product sales
AnTech Ltd, a specialist in product technologies for the upstream oil and gas industry, reports that overall sales are up by 52%.
Unique Group collaborates with KBAT
Offering a series of Health, Safety and Diving courses in the United Arab Emirates, Unique Group and KBA Training Centre have joined hands.
The impact of the fracklog on the US short-term liquids supply
Rystad Energy examine the state of the US fracking industry.
Peterson and Veolia announce new decommissioning facility
Peterson and Veolia have announced new decommissioning facility, located in Great Yarmouth.
M&As in the upstream industry are at the highest level since December 2014
Upstream oil and gas deals activity, including capital markets and mergers and acquisitions (M&A), totalled US$23.5 billion from 114 transactions in May 2015, says GlobalData.
Air Energi secures major contract with BP Iraq
Global workforce solutions provider to supply talent acquisition services for BP’s giant Rumaila and Kirkuk oilfields.