Oil & gas news

Faroe Petroleum has been awarded three new licensing options in the Celtic Sea, Republic of Ireland.

Endeavour International Corporation has engaged Opportune LLP to assist the company in its financial restructuring process.

Aberdeen is to host the oil and gas industry’s foremost intelligent energy conference and exhibition in 2016.

The parties addressed the strategic cooperation issues, particularly an asset swap deal between Gazprom and Wintershall Holding.

Claxton, an Acteon company, has released an infographic guide to well abandonment costs in the North Sea.

Arcis Seismic Solutions, a wholly-owned subsidiary of TGS, has announced three new 3D-3C multi-client surveys covering 580 km2.

EMC will support oil and gas customers in North America.

GE introduces vector plus variable speed drive for electric submersible pumps.

Wintershall has awarded FMC Technologies a subsea contract for the Maria field, Wintershall’s first subsea development in Norway.

Flotek believes that revenue in the third quarter will exceed US$ 115 million, a record for the company.