Oil & gas news

Valeura Energy has announced three new discoveries in Turkey and provided an operational update for Q3 2014.

All major equipment ordered; project progressing on-schedule.

Statoil has sold its 15.5% participating interest in the Shah Deniz production sharing agreement to Petronas.

According to Business Monitor International, there may be further delays to confirmation and implementation of a gas price hike in India.

Letter of intent signed for charter of vessel to be used in extended well tests.

Xodus Group has announced the launch of a global subsea engineering company in partnership with Saipem and Chiyoda Corporation.

The sale includes about 1.2 million net acres of land and over 6800 producing wells.

The company has announced that it has commenced exploration drilling in the Gurita PSC, Natuna Sea, Indonesia.

Douglas-Westwood consider OPEC’s upcoming November meeting.

Nautronix has secured an order to supply NASNet®, an underwater positioning system, for Subsea 7.