Oil & gas news

The company has sold its its 15% participating interest in the Atrush Block in Kurdistan.

ESAI energy believes Russia has more than enough spare export capacity for production to recover from the May level of 11.1 million bpd.

The Subsea Supply Chain Capability Showcase, an industry showcase designed to highlight the subsea capabilities in North East England to operators, will take place in Newcastle, in June.

Over the past six months, the company has been awarded contracts for the Total Tyra redevelopment project, an inspection, repair and maintenance campaign for Repsol Sinopec, a decommissioning contract with Spirit Energy, and a scale squeeze scope for Premier Oil’s Huntington field.

Mohawk Energy, the expandable tubular well solutions specialist, has received an investment from private equity firm Buckthorn Partners to support its domestic and international growth ambitions.

On 29 May 2019, the Port of Corpus Christi, Texas, USA, will celebrate the commencement of the Port of Corpus Christi ship channel improvement project.

Prospex Oil and Gas Plc has announced that all relevant permits are now in place to drill the Bainet West prospect in northeast Romania.

According to Westwood's 'State of Exploration' report, exploration drilling increased by nearly 30% in 2018 compared to 2017 but performance was down, with fewer big discoveries and a lower commercial success rate.

Total CAPEX in renewables will overtake E&P spending in 2020, with contributions from Australia and other Asian countries such as Vietnam, Taiwan and South Korea, Rystad Energy’s latest bottom-up analysis of investments shows.

India's national oil company will use Sercel's X-Tech solution to conduct various 3D surveys for a total of 40 000 channels across the country.