Oil & gas news
Exploration success in the Krafla area
Operator Statoil has together with PL035 partners completed a two-well programme in the Krafla area in the North Sea.
Douglas-Westwood: Opportunities for IOCs in China?
As China’s onshore oilfields mature, its state-owned oil companies are looking to develop the country’s unconventional and deepwater reserves.
FlexTech secures double contract
FlexTech has enjoyed an encouraging start to 2015.
Brazilian oil, gas and petrochemicals
Business Monitor International gives a brief overview of Brazil’s oil, gas and petrochemicals sector.
Oilfield services: restructuring is key
Berenberg analysts Asad Farid and Jaideep Pandya have published a note on the oilfield services sector.
New BG CEO starts
Helge Lund starts as BG Group Chief Executive.
Modest outlook for global land rig market
More modest outlook for global land rig market 2015-2019 due to current low oil price environment.
North West Shelf campaigns
Searcher Seismic and BGP conduct GroupSeis campaigns over North West Shelf, Western Australia.
Cape awarded multiple contracts
Cape plc has announced its SOCAR Cape joint venture has been awarded three significant contracts in Azerbaijan.
DANA GAS 2014 revenue grows to US$683 million
The growth represented a 5% annual increase despite the sharp fall in oil prices at the close of 2014.