Oil & gas news

The engineering work is expected to begin immediately, and the contract will be reflected in McDermott's 2Q19 backlog.

The patented Seatooth PipeLogger is an integrated pipeline, umbilical, risers and flowlines temperature monitoring and data transfer solution that can provide real-time monitoring for offshore and subsea assets.

Hunting PLC have announced its Hunting Titan division has entered into an agreement with Xi’an Well-sun Electronics Technology PLC.

The agreement covers Keathley Canyon blocks 642, 643, 686, and 687 and provides for the drilling of a delineation well at Repsol’s Leon discovery.

Gastech has announced its preliminary programme for the 2019 conference taking place at NRG Center in Houston, Texas, 17 – 19 September.

“Through this transformational acquisition, Noreco will become the second largest oil and gas producer in Denmark and establish itself as a considerable exploration and production company in the North Sea,” said Riulf Rustad, Chairman of the Board of Noreco.

The crucial role of technology and innovation in the oil and gas sector will come under the spotlight at the 2019 Future Oil & Gas conference and associated Technology Innovation Showcase.

Delek said it believed that if a deal is reached, it could be completed this year and would be financed through bank loans and its own resources.

The announcement of the 100th project follows the Oil & Gas Innovation Centre in Aberdeen, Scotland, signing agreements to support five new pieces of innovative technology which have the potential to improve efficiency and reduce costs in the oil and gas industry.

The transaction is expected to close in 2H19, subject to regulatory approvals.