Oil & gas news
Statoil: new compressor = 220 million extra barrels
The new compressor in operation on the Kvitebjørn field will increase production there by 220 million barrels and extend the field’s lifetime.
Oil price pressures
Douglas-Westwood look at how current geopolitical events are impacting oil prices.
Siemens to buy Dresser-Rand Group for US$ 7.6 billion
Siemens says its US$ 83 per-share bid was unanimously supported by Dresser-Rand's board of directors.
Staff announcements from the upstream oil and gas industry: September 2014
Some recent appointments in the upstream oil and gas industry.
Island Offshore Management awards contract for positioning services
iSURVEY has been awarded a two year contract with offshore vessel owner, Island Offshore Management.
Woodside names Lloyd’s Register Energy as global inspection provider
Global inspection contract supports procurement goals for improved quality in components and equipment sourcing.
Continental Resources has released a shale production update
Bakken net unrisked resource potential totals 4.1 billion boe, more than 17x greater than current Bakken proved developed reserves.
Hydratight awarded qualification
The company is the first ASME PCC-1-2013 Appendix A qualifying organisation.
Mærsk Giant to be used as living quarters on Yme field
PSA gives Talisman Energy Norge AS consent to use mobile drilling facility as living quarters.
New subsea capping stack for deepwater well control
As part of a larger comprehensive emergency response system, Wild Well Control, Inc. has unveiled its new subsea capping stack.