Oil & gas news
Great Australian Bight exploration
The race is on to uncover the potential oil and gas reserves in the Great Australian Bight.
Iraq produces record 4 million bpd of crude in December
Iraq produced a record of around 4 million bpd of crude oil in December, Oil Minister Adel Abdel Mehdi has announced.
Shale firm Cuadrilla wins UK exploration permits
Permits granted to carry out exploration at a site in northwest England.
Most Malaysian O&G players to benefit from stronger US dollar
Maybank Research pointed out the market has started to accept the reality of a low oil price environment.
Schlumberger announces full-year and Q4 results
Fourth-quarter revenue of US$12.6 billion increased 6% year-on-year.
Jericho Oil exits 2014 with record monthly production
Jericho Oil Corporation announced that a successful fourth quarter 2014 drilling program on its Eastern Kansas acreage contributed to a record exit.
Douglas-Westwood: offshore drilling contractors facing uncertainty
Companies in the deepwater drilling market have lost more than half of their value over the last year.
Honeywell extends Otter Premium Protect range
Honeywell has expanded its highly popular Otter Premium Protect slip resistant safety footwear line.
Det norske: two small discoveries to be tied back to Alvheim FPSO
Det norske has decided to develop Viper-Kobra, a project that comprises two small discoveries in the Alvheim area.
Virtual reality and training in the energy sector
Companies within the pipeline and gas industry are addressing challenges through the use of innovative 3D virtual planning, simulation and visualisation technologies.