Oil & gas news

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.

Global workforce solutions provider to supply talent acquisition services for BP’s giant Rumaila and Kirkuk oilfields.

The newly constructed machine shop will enable specialised service offerings.

XRF technology is a quick and affordable approach for measuring and analysing major trace elements of host rocks.

Survivex strengthens its training portfolio, announcing new accreditations for three of its training courses.

ASCO has signed a contract with Marathon Oil which will further strengthen the company’s market leading positioning in the UK.

A custom designed main air compressor package, set to be installed in the South Caspian Sea has been delivered to Baku, Azerbaijan.

The combination of lower upstream earnings and higher downstream earnings contributed to higher profits in the downstream segment due to crack spreads.

Willbros has completed the initial transaction of its plan to sell its downstream engineering and heater engineering services to Bernhard Capital Partners.

BG Group and Shell confirm that they are underway with relevant anti-trust and regulatory filing processes.