Oil & gas news

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.

Ghazeer development to bring Khazzan production to an estimated 1.5 billion cubic ft per day of gas.

Directa Plus plc has announced the completion of industrial field testing of Grafysorber® at an oil treatment plant of OMV Petrom.

An average capital expenditure (capex) of $8.4bn per year will be spent on 249 oil and gas fields in Nigeria between 2018 and 2020.

US and Chinese based oil & gas steel fabricators have been some of the first companies within the industry to be impacted by the countries playing high-stakes poker through targeted tariffs, Rystad Energy research shows.

The non-core assets are to be sold for US$292 million, coring up and bringing down net debt.

Expands portfolio to cover more of the energy value chain than any other oil and gas software provider.  

DOF Subsea has been awarded various contracts in the Atlantic region, securing utilisation for vessels and personnel in the Subsea/IMR Projects segment.

The independent international heavy oil technology company has concluded an agreement to form a new Joint Venture in Mexico, to advance the commercialisation of its VHTL upgrading technology in the country.

The deployment to BP Lower 48 provides hydrocarbon accounting for approximately 10 000 onshore gas and liquid wells over six operating areas in North America.