Oil & gas news

The well will now be completed, tested and connected to existing infrastructure. SDX expects to provide a further update on testing results in early April.

Wood has been selected to develop the world’s largest fully integrated crude oil to chemicals (COTC) complex in the Kingdom of Saudi Arabia.

The deals will see the firm supplying four of its Remotely Operated Vehicles (ROVs) to academia and the aquaculture industry.

Janette Marx, COO at Airswift, discusses gender inequality within the energy sector, and possible solutions to introduce more women into the workforce.

The Company increased proved reserves by 20% or 1 756 000 bbls after production and increased proved plus probable reserves by 18% or 2 837 000 bbls after production.

Trinity, the independent E&P company focused on Trinidad and Tobago provides an update on its operations and unaudited financial position for the 12-month period ended 31 December 2017 in advance of publishing the Group’s 2017 audited full-year results in May. 

Cutting the US deepwater royalty rate from 18.75% to 12.5% for new leases, as proposed by the US Royalty Policy Committee in its meeting on February 28, would significantly improve the attractiveness of the country’s fiscal regime, according to GlobalData, a leading data and analytics company.

The Oilfield Technology Group (OTG) of Hexion Inc. (Hexion) has announced the completion of its resin coated proppant manufacturing plant expansion in Canada.

Triangle Energy (Global) Ltd has provided an Operations Update on its Cliff Head Oil Field (Cliff Head; 78.75%) assets.

Norwegian suppliers Framo, Maritime Partner, Norbit Aptomar, and NorLense have come together to create the OSRV (Oil Spill Recovery Vessel) Group to offer a complete oil spill response solution.