Oil & gas news
InterMoor completes Red Hawk spar decommissioning contract
The Red Hawk spar is the deepest floating production platform to date to be decommissioned in the Gulf of Mexico.
GE software suite uses Predix industrial internet platform
GE’s Intelligent Platforms business has announced the launch of a new version of the Proficy™ Monitoring & Analysis Suite.
Saipem awards BMT riser monitoring system for Egina
The Egina project will feature systems that incorporate BMT’s ROV-Serviceable Subsea Strain Sensor Assembly.
Activity across the global upstream, midstream and downstream sectors
A large decline in upstream activity balanced out by a similar percentage rise in downstream activity has been found in a report by EIC Monitor.
US average retail regular gasoline price near US$ 3/gal.
According to the US EIA, the US average retail price for regular gasoline was US$ 3.06/gal. at the beginning of this week.
Petrofac awarded deepwater project in Nova Scotia
Petrofac has been awarded a contract help Nova Scotia identify the best way to exploit its ultra-deepwater oil potential.
Fracking responsible for 48% of US oil production and reduced fuel prices
A new report shows that horizontal drilling and fracking was responsible for 48% of US oil production and reduced fuel prices in 2013.
Increasing deepwater exploration could help Trinidad and Tobago
Exploring deepwater areas could boost Trinidad and Tobago’s oil and gas industry, according to GlobalData.
HB Rentals opens service location in Mexico
HB Rentals has announced the official opening of its new service location in Ciudad del Carmen, Mexico.
WPX Energy selects Sigma technology for reservoir modelling
WPX Energy has selected SIGMA³ for reservoir modelling in order to understand horizontal well performance in the Bakken.