Oil & gas news
Delineation of Edvard Grieg field in North Sea
Lundin Norway is about to complete drilling of appraisal well 16/1-18 on the Edvard Grieg oil field in the North Sea.
APPEA welcomes funding boost for oil and gas training
The APPEA has welcomed the WA government’s commitment to the development of a new engineering training centre.
OTC 2014 sets attendance record
Attendance at OTC 2014 reached a 46 year high of 108 300, the highest in show history and up 3.3% from last year.
Oil and gas isn’t ready for ‘big data’
According to a research report by consulting firm Molten, many oil and gas companies are ‘borderline irresponsible’ in treatment of data.
Cautious optimism shapes oil and gas capital agenda
EY has released the findings of it bi-annual Oil and Gas Capital confidence barometer.
China-Vietnam tensions high over drilling rig in disputed waters
On May 2, the China’s CNOOC placed its deep sea drilling rig HD-981 in disputed waters south of the Paracel Islands. Vietnam objected to the placement.
McDermott reports Q1 2014 financial results
The company reported a first quarter net loss of US$ 50 million or US$ 0.21 per fully diluted share, and an operating loss of US$ 42 million.
TGS increases investment offshore Eastern Canada
TGS announces the expansion of multi-client 2D surveys offshore Eastern Canada with plans to acquire more than 30 000 km of seismic data.
Pennsylvania DEP Oil and Gas Annual Report
The Pennsylvania Department of Environmental Protection (DEP) has released its first ever Oil and Gas Annual Report.
North Sea – hope for declining production?
Douglas-Westwood: Western Europe will continue to rely on Russian gas into the 2020s as mature provinces struggle for growth and shale gas remains unlikely.