Oil & gas news
Total enters 40-year ADCO concession in Abu Dhabi
Total has signed a new 40-year onshore concession agreement with Abu Dhabi and ADNOC, granting Total a 10% participating interest effective 1 January 2015.
Keeping complexity under control
Weatherford explain how a framework for real time geomechanics optimises drilling and borehole stability in complex reservoirs.
The IMC Group launches Contor
New state-of-the-art condition monitoring to avoid costly breakdowns.
RDC and Fugro bringing Arctic-Class vessel to Newfoundland and Labrador
The total cost to design, build and operate such a vessel over a 10 year period is estimated at more than US$100 million.
API: new ozone standards duplicative and costly
Ground level ozone in the US declined by 18% between 2000 and 2013, according to EPA data.
Flotek Industries acquires International Artificial Lift, LLC.
The acquisition provides Flotek with complete control over the manufacturing and service quality of a next-generation proprietary design.
OMV resilient in the current oil price environment
OMV has adjusted its medium-term planning in light of the rapid fall of the oil price in recent months.
GE and Statoil launch sustainable energy collaboration
The collaboration is aimed at accelerating the development of more environmentally and economically sustainable energy solutions.
Oil and gas industry announcements: 29 January 2015
Announcements from the global oil and gas sector.
Wood Mackenzie on China energy demand
New patterns emerging as energy demand growth decoupled significantly from GDP growth for the first time in 2014.