Oil & gas news

York started production in 2013 and was planned to produce until 2020, but production has been extended until 2023/24.

Gas is being delivered to eastern Australia with the commissioning of the Gippsland Basin Joint Venture’s West Barracouta project.

Advance Energy now has a 50% interest in the Buffalo project offshore East Timor, with drilling expected to begin in late 2021.

The company has appointed commercial director Andrew Law as CEO, succeeding Enteq founder Martin Perry.

Welltec will deliver completion products and services across the Saudi Aramco portfolio in any environment.

The opening of the centre in Gateshead, UK, is part of Express Engineering’s broader product strategy to supply assembled and tested actuators, connections and tooling for wellheads and subsea production systems for the oil and gas sector.

The contract will see Ramco supply its latest generation pipe care unit, PCU4.

Drilling has begun at Neptune Energy's operated Adorf Z16 gas development well in the municipality of Hoogstede, north western Germany.

Worley will provide engineering and design services for the integration and subsea tieback of the Ballymore oil and gas field, operated by Chevron.

Oil prices are set to close the week with notable gains as the market got a boost from positivity over the speed of the oil demand’s recovery.