Oil & gas news

Statoil has awarded Tenaris the contract for the supply of casing, tubing and all related services for the Mariner Project.

The expansion projects are aimed at enhancing the company’s commitment to customer service, workplace safety and environmental protection.

The US Energy Information Administration has commented that refiner margins are unable to fully offset low upstream earnings for integrated oil companies.

AccuSteer MWD measurement suite, a system designed specifically for the unconventional market, has been commercialised by Ryan Directional Services.

Lower prices, ample supply, and increased competition in key markets are set to challenge Canadian natural gas exports.

Gazprom agrees to buy LUKOIL’s gas, agreed at the St. Petersburg International Economic Forum 2015.

Cognitive Interpretation is to be used to make informed decisions when drilling wells and producing oil and gas.

Independent Oilfield Services is set to make an investment of up to £10 million in order to develop its site at Peterhead.

Baoham Offshore is set to become the first privately owned offshore vessel owner in China, with Global Maritime Group as design partner.

Whilst the Kashagan field in Kazakhstan remains strong, Azerbaijan’s ACG project has achieved its peak, according to GlobalData.