Oil & gas news
Statoil proves new oil resources in the North Sea
Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.
Cue Energy Resources to acquire 100% interest in SPC Mahakam Hilir
Cue will assume operatorship with a 100% interest in the PSC and drill the remaining commitment well in the PSC.
Economic benefits of oil exports affirmed by report
The API has said that the US Government Accountability Office’s recent report reaffirms the economic benefits of crude exports.
Polarcus announces major new multi-client project offshore Australia
Company announces imminent commencement of a major new RightBAND multi-client project over the Roebuck Basin.
Peak extends multi-action tool portfolio for slickline operations
Peak Well Systems has developed a new Multi-Action Pulling Tool that will further simplify offshore slickline operations and reduce inventory.
Changing crude oil markets
The US GAO has said that allowing exports could reduce consumer fuel prices, and the size of the strategic reserves should be reexamined.
Sembcorp Marine’s subsidiaries secure two contracts
The contracts are worth S$ 222 million in value.
Element Oil and Gas Polymers event attracts industry experts
Speakers will provide critical insights into the role thermoplastics, elastomers and composites.
Gulf Energy completes CLEAN-FRAC 5000 system order
OriginOil, developer of Electro Water Separation, has announced that Gulf Energy has purchased a US$ 1.4 million CLEAN-FRAC 5000 system.
The Underwater Centre appoints new diver trainer
Tasmania facility hires new diver training.