Oil & gas news
BP commits to two new North Sea developments
BP has committed to two new North Sea developments which are expected to produce 30 000 boepd at peak production.
Hurricane Energy provides final results for year ended 31 December 2017
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces its final audited results for the year ended 31 December 2017.
Arundo Analytics partners with Acteon Group to deliver advanced machine learning applications in subsea services
Arundo Analytics have announced a partnership with integrated global provider of subsea services Acteon Group, to deliver machine learning models for subsea applications on the Arundo Enterprise platform.
New PDC bit design evacuates cuttings 200% faster
Ulterra's SplitBlade™ design improves cuttings evacuation as much as 200% faster than conventional PDC bits.
Norwegian operators confident in new drilling technology
Challenging conditions drives demand for new Churchill technology in Norwegian sector. Technology will be showcased SPE International one-day seminar, Bergen on 18 April 2018.
Statoil completes acquisition of US Gulf of Mexico deepwater discovery
Statoil and Total have completed their acquisition of Cobalt International Energy’s 60% operated interest in the North Platte discovery in the US Gulf of Mexico for an aggregate purchase price of US$339 million.
Xodus strengthens APAC team following batch of new contract wins
Xodus Group’s Perth office has won more than A$3.5 million (£2 million) in new contracts over the last six months.
Cosasco awarded ONGC contract
India’s national oil company selects Cosasco to deliver integrated corrosion monitoring system.
Ocean Installer awarded contract by Petronas
Ocean Installer has been awarded a contract by Petronas, the Malaysian oil and gas company, to assist in decommissioning the Chinguetti field off the coast of Mauritania in West Africa.
BP to develop second phase of Oman’s giant Khazzan gas field
Ghazeer development to bring Khazzan production to an estimated 1.5 billion cubic ft per day of gas.