Oil & gas news

The PSA has carried out an audit of Premier Oil and the Bream development.

McDermott International, Inc. has completed the installation of a 3086 t central processing platform.

Initially scheduled to be shut down during 2014, the ambition is now to extend the life of the Norne field to 2030.

Sweden's Lundin Petroleum have announced that its 2015 development, appraisal and exploration budget will be almost one-third lower than last year's budget.

EY looks at North American oil and gas IPOs and has said that MLPs continue steady growth.

During 2013 and 2014, the gas development program at the Cooper Basin primarily focused on close space infill drilling at the Cowralli, Moomba North and Big Lake fields.

Oil market oversupply may last months or even years, but prices could recover if non-OPEC producers "act rationally".

Leading Turkish Engineering office will use AVEVA’s Integrated Engineering & Design solution on major greenfield and brownfield projects.

Ampelmann is celebrating another significant achievement in the operation of their systems.

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of the Galaz Contract Area.