Oil & gas news

Tesco Corporation has signed a definitive agreement with Tech Field Services Inc. (TFS) to acquire the company’s assets.

Spectra Energy's 2013 sustainability report highlights the company’s efforts in supply chain management, environmental resource conservation and community development.

Preliminary production figures for April 2014 indicate an average daily production of approximately 1 918 000 bbls of oil, NGL and condensate.

The annual conference provides a worldwide platform for industry, business and academia to network and share ideas, research and cutting edge technology.

Statoil is divesting its interest in the ENI-operated block 15/06 offshore Angola.

FS-Elliott has launched the R1000 control system for centrifugal compressors.

The update includes: new contracts, significant changes to existing contracts and changes in estimated out-of-services time.

A new spar platform being built for Statoil's Aasta Hansteen field off the coast of Norway will feature Wärtsilä's Inert Gas and Nitrogen Generator systems.

Halliburton’s FlexRite Multibranch Inflow Control system was awarded E&P’s Meritorious Award for Engineering Innovation at OTC 2014.

A new report from AFPM shows that Bakken crude characteristics are well within safety standards for current rail car design.