Oil & gas news

NeoTork automatically manages torque generated from the drill bit and mitigates axial and torsional vibrations.

Global Maritime Deep Sea Mooring has signed winches deal with Perth-based Green Monster Offshore.

The field has been developed at a water depth of about 400 metres with two facilities on the sea bed.

Western Asset has said that the shifts in oil supply with reshape the energy market.

American Petroleum Institute has applauded congressional proposals to maintain current ozone standards.

The CJ54 is the latest addition to the successful series of the GustoMSC cantilever drilling jack-ups (CJ-series).

Ecuador is the smallest oil producing member of the Organisation of the Petroleum Exporting Countries (OPEC).

The equipment is for the Esso Exploration Angola (Block 15) Limited Kizomba Satellites Phase 2 development offshore Angola.

UK fiscal regime being revamped to reflect the maturity of the UK basin.

Statoil is presenting the annual and sustainability reports for 2014, together with the new payments to governments report.