Oil & gas news

Hemisphere Energy Corporation has provided an update on its operations and current production.

Subsea 7 S.A. has announced the award of a contract by Statoil for the provision of subsea inspection, repair and maintenance (IRM) services on the Norwegian Continental Shelf. 

Integrity assurance specialist Hydratight has announced a three-year contract with a major North Sea operator to support flange management and end-to-end process services.

Mitsubishi Hitachi Power Systems (MHPS) announced that Suncor Energy has issued a Letter of Intent to purchase MHPS JAC gas turbine technology.

Reach Subsea has been awarded a Frame Agreement for Inspection, Maintenance and Repair (IMR) services to Statoil Petroleum.

MODEC, Mitsui, MOL, Marubeni and Mitsui E&S are all involved in the project.

A report into UK oil and gas workforce dynamics launched today indicates that more than 40 000 new people will need to be recruited into the industry over the next 20 years.

Phases I and II of Coyanosa acquisition complete; data ready for processing.

New clamp technology has been developed by RED Engineering to improve subsea well intervention operations.

International Frontier Resources Corporation has announced that its joint venture Tonalli Energia has successfully and safely reached total depth at its first evaluation well, TEC-10, on its onshore Tecolutla block.