Oil & gas news
BP’s progress in 2014
BP has released a strategic progress update related to its exploration, upstream and downstream global activities.
NOV announces Q1 2014 earnings and backlog
National Oilwell Varco, Inc. reports its first quarter earnings and backlog.
ABO receives ABS certificate
ABO valve has received ABS certificate for three of its butterfly valves.
Keep up the pace: Part Two
Mark Schott and Neil Eckersley, Honeywell UOP, explain why rapid project deployment is needed to ensure the oil and gas industry keeps up with shale production levels.
Aquaterra in four year agreement with DONG Energy
Aquaterra Energy has been awarded a four year exclusive frame agreement with DONG Energy.
HB Rentals achieves new industry standard for offshore equipment
HB Rentals has become one of the first UK companies to receive the new industry standard for its offshore service modules.
Rowan Companies’ drillship receives ABS ISQM notation
Rowan Companies’ Rowan Renaissance drillship receives ABS’ Integrated Software Quality Management (ISQM) notation.
BP reports increased dividend with Q1 results
BP has announced its financial results for the first quarter of 2014, reporting an underlying replacement cost profit of US$ 3.2 billion.
Oil discovery at Kuda Laut, Indonesia
Premier Oil has announced that the Kuda Laut-1 well in Tuna PSC offshore Indonesia has discovered 183 ft of net oil-bearing reservoir.
The Achilles’ heel in China’s energy plan: Part Two
Ng Weng Hoong examines the new growth hurdle faced by China’s hazardous mix of new and ageing oil and gas pipeline infrastructure.