Oil & gas news

Rockhopper Exploration plc has announced that it has been awarded a 40% interest in offshore Block 9 in Croatia in partnership with Eni.

AVEVA has acquired 8over8 with the aim of reducing project costs and schedule overruns.

According to IHS, despite crude oil price decline, global upstream M&A transaction value rose in 2014.

The existing Shaikan production facilities are now producing from seven wells with Shaikan-8 expected to come online in January 2015.

Petrobras has reached a new historical record of daily oil and NGL production with over two million bbls.

Weatherford examine case studies from the Gulf of Thailand to gain insights in developing a new generation of MWD/LWD tools for 200°C+ reservoirs.

Dana Gas announced on Sunday that it has received from the Egyptian Government a payment of US$60 million.

Baker Hughes shares a case study from Malaysia, where an operator needed help freeing a stuck wireline toolstring on an offshore production well.

Bunian-3 is located 730 m southwest of the producing Bunian-1 well.

Marathon Oil and Austria's OMV won seven of 10 licences awarded on Friday to explore for oil and gas off Croatia's Adriatic coast.