Oil & gas news
BJ Services gears up in Marcellus shale fields
BJ Services Company is expanding its tubing and casing running operations in the Marcellus shale fields of Pennsylvania, West Virginia and New York.
Shell predicts energy will grow rapidly over next two decades
Shell officials have stated that the Middle East will struggle to keep enough investment to meet the demand for natural gas over the next two decades.
Safe investments in Southern Iraq
More and more business opportunities are arising in Iraq’s southern province of Basrah. Recent months have seen a flurry of contracts signed in the oil, gas, construction and shipping sectors and the area looks set to become an energy and logistics hub.
100 years in the water treatment industry
NA Water Systems is celebrating 100 years in the water treatment industry.
Atlas Energy and Reliance Industries acquire additional acres in Marcellus shale
The two companies have announced that they have jointly acquired an extra 42,000 acres of Marcellus Shale to exploit for unconventional shale gas.
Citizen of the year award
ExxonMobil CEO, Rex Tillerson has been awarded the Houston World Affairs Council Citizen of the Year Award.
Gas OPEC seek to control prices
Algeria has asked fellow GECF members to curb production to alter the prices of gas into an upward curve.
When helicopters are unable to fly
The grounding of several helicopter flights to North Sea oil and gas platforms in the wake of the Iceland volcano has resulted in a focus on marine alternatives.
Cygnus gas field reserve estimates continue to grow
Endeavour International Corporation has announced that the successful appraisal drilling in the western area of the Cygnus gas field in Block 44/11a has led to increased reserves and prospective resource estimates, and extended the field boundary to the north and west.
ExxonMobil sets new drilling record
ExxonMobil has completed the world’s longest extended reach well drilled from an existing offshore fixed platform drilling rig, increasing the company’s ability to produce more domestic oil supplies from existing facilities at the Santa Ynez unit, offshore southern California.