Oil & gas news

An American Petroleum Institute survey has revealed the extent of economic growth behind the American oil and natural gas sector.

Vallourec awarded steel tube order for an umbilical offshore project in the UK.

Bilfinger has won two orders in Romania and Norway with a total value of over €90 million.

Det norske, operator of production licence 494, has completed drilling of wildcat well 2/9-5 in the North Sea.

According to recent analysis by Frost & Sullivan, the industrial valves and actuators market is expanding, particularly in emerging regions.

Rosneft and PetroVietnam have reached an agreement to create a joint venture for work on two blocks of the Pechora Sea shelf.

The North American drilling fluids market is expected to reach US$ 7203.6 million in 2019, growing at a CAGR of 7.5%.

Prosperity and carbon reduction can go hand in hand to boost the world economy, according to the UK government.

The decision supports Arrow’s announcement that it was commencing front- end engineering and design (FEED) work for the project.

Bill Wade will leave the company after a successful four year tenure.