Oil & gas news
GE roadshows: improving profitability with industrial big data
In January 2015, GE will launch a new roadshow series across Europe, named ‘Predict for Profit’.
US onshore rig market confirming the strain of falling oil price
Gaffney, Cline & Associates has instituted a new weekly commentary and tracking service looking at US onshore and Gulf of Mexico (GoM) rig activity.
Wood Mackenzie: US$19 billion of upstream investment keeps UK production levels on track
A review of the UK's upstream sector in 2014.
JKX Oil & Gas plc announces well results
JKX Oil & Gas plc has reported successful test results from well E-303 in its Elizavetovskoye field.
Bridon acquire the moorings business of ScanRope
Today Bridon have acquired the moorings business of ScanRope from the Parker Hannifin Corporation transferring deep-water assets to Bridon Holdings Limited.
2015 will be a tough year for oil companies
Rystad Energy analysts predict 2015 will be extraordinarily tough for oil companies.
Statoil evacuates some North Sea platform workers ahead of storm
Norwegian oil and gas producer Statoil is moving some workers off seven North Sea platforms in anticipation of a weekend storm.
Petroamerica provides H1 2015 guidance
In response to the current volatility in world commodity prices Petroamerica is limiting its production, capital and work programme guidance to the first six months of 2015.
GE Measurement & Control announces new models of the Mentor Visual iQ™ VideoProbe™
GE’s Measurement and Control business introduced today three new models of its Mentor Visual iQ™ VideoProbe™
Baker Hughes announces December 2014 rig counts
The worldwide rig count for December 2014 was 3570, down 100 from November 2014.