Oil & gas news
Sound Oil withdraw offer
Sound Oil has decided to withdraw its previously announced offer for Antrim Energy given the decline in oil prices.
Expro secures US$200 million contract with Statoil
Leading international oilfield services company, Expro, has secured a significant Europe CIS (Commonwealth of Independent States) contract.
Tap Oil provides Manora production and drilling update
Tap Oil Limited has provided an update on Manora production and development drilling at the Manora Oil Development in the Northern Gulf of Thailand.
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.