Oil & gas news
NPD: March production figures
Preliminary figures show daily production at around 1 935 000 bbls of oil, NGL and condensate.
Low prices provide opportunity
Persistent low crude oil prices provide opportunity for industry to reinvent itself, says GlobalData Analyst.
Water treatment retrofit plant delivered to drilling platform offshore Alaska
GEA Mechanical Equipment recently delivered the first retrofit plant to a drilling platform offshore Alaska.
GlobalData: Mexico’s first bidding round struggling to remain attractive
The benefits remain significantly limited at higher prices compared to other fiscal regimes in the Americas.
AAPG Annual Convention and Exhibition preview
AAPG Annual Convention and Exhibition, which will be held 31 May - 3 June in Denver at the Colorado Convention Center.
TGS JV to acquire new multi-client 3D in Barents Sea
TGS announces that it has signed a joint venture agreement with Dolphin Geophysical to acquire a 4500 km2 3D multi-client seismic survey.
Litre Meter ships flowmeters for Petrobras
3 different sizes of flowmeters were shipped for measurement at different flow rates.
Siemens and Statoil develop a subsea hydraulic power unit
The SHPU supplies low- & high-pressure control fluid to subsea control modules.
Challenging times for global exploration
A counter-cyclical opportunity to do more with less.
KBC energy economics oil market update
Brent crude prices eased in March versus February with no sign of a supply cut back.