Oil & gas news
AziLat Ltd acquires blocks offshore Brazil
AziLat Ltd, the South America focused oil and gas exploration company, has signed a farm-in agreement for blocks in the Barreirinhas Basin offshore Brazil.
Elk Petroleum in Wyoming asset sale
The company has agreed to sell the Ash Creek oilfield.
Emerson boosting artificial lift applications
Emerson Industrial Automation’s Powerdrive regenerative Variable Speed Drive (VSD) solutions for oil pumping systems in artificial lift applications.
Pacific Rubiales announces 45% increase in prospective resources
The 2014 resource evaluation was prepared by Petrotech Engineering Ltd. with an effective date of March 31, 2014.
BHP Billiton updates on portfolio simplification
BHP Billiton is pursuing options to make the company simpler and more productive.
PPDM Association creates application for business and data rules
The Professional Petroleum Data Management Association is developing an application for defining business and data rules.
AU$ 110 million Australian marine supply base opens
Oilfield support services company ASCO has opened its new Marine Supply Base in Darwin, Australia.
Risky investments in Indonesia and Vietnam
Alliant has said that Indonesia and Vietnam pose high risk for oil and gas companies, and investors and overconfident in Egypt.
Honeywell’s UOP technology selected for UK project
Honeywell’s UOP technology selected to clean offshore natural gas in the UK.
Repsol runs BlueDock connectors in Trinidad and Tobago
Repsol has recently run Tenaris' BlueDock™ connectors with elastomeric seals in Trinidad and Tobago.