Oil & gas news
Hybrid power steel umbilical for North Sea development
JDR has won a contract for the design and manufacture of a hybrid power steel umbilical from Wintershall Noordzee B.V.
LGO sells first oil from new tank at Goudron field
Leni Oil and Gas has made its first sale from the newly commissioned sales tank at the Goudron Field in Trinidad.
Tullow Oil completes partial sale of UK gas assets
Faroe Petroleum has purchased interests in Schooner and Ketch assets in the UK Southern North Sea.
ONGC orders jack-up rigs from Aban Offshore
India-based drilling services provider, Aban Offshore has received jack-up rig orders from Oil and Natural Gas Corp. Ltd (ONGC).
Valeura Energy announces new Turkish discoveries
Valeura Energy has announced three new discoveries in Turkey and provided an operational update for Q3 2014.
US Oil Sands provides update on PR Spring project
All major equipment ordered; project progressing on-schedule.
Statoil sells 15.5% share in Shah Deniz to Petronas
Statoil has sold its 15.5% participating interest in the Shah Deniz production sharing agreement to Petronas.
Hopes waning on India’s gas price hike
According to Business Monitor International, there may be further delays to confirmation and implementation of a gas price hike in India.
Libra Consortium moves to charter FPSO
Letter of intent signed for charter of vessel to be used in extended well tests.
New subsea company on the scene
Xodus Group has announced the launch of a global subsea engineering company in partnership with Saipem and Chiyoda Corporation.