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Oil & gas news

China introduces mine safety rule

Under new regulations, China’s mine managers are now required to accompany their workers underground. Failure to do so will result in hefty fines.

 
 
 

Eurasia Drilling Company and Schlumberger join forces

Eurasia Drilling Company Limited (Eurasia) and Schlumberger have announced that they have signed a Letter of Intent to sell and purchase each other’s drilling and service assets, while entering a strategic alliance in the CIS.

 

Fuel cell technology to be installed in UK

An agreement between Powerfuel Power, B9 Coal and AFC Energy will see the latter company’s fuel cell technology installed at Powerfuel’s Hatfield site in the UK.

 

DNV to investigate the Deepwater Horizon blowout preventer

DNV has been contracted by the joint investigation team (JIT) of the departments of the Interior and Homeland Security for the forensic examination of the blowout preventer (BOP) and lower marine riser package that was fitted to the Macondo well in the Gulf of Mexico.

 
 
 
 

West Africa to benefit from GOM

The Gulf of Mexico disaster has inadvertently led to increased investment in West African exploration ventures, but is enough funding being spent on safety?