Oil & gas news

The nomination should be effective at the end of the annual general meeting to be held on April 26, 2018.

The growth has been driven by the continued rise in the number of wells drilled in the region.

An average Capex of US$3.0 billion per year would be spent on eight oil and gas fields in Mozambique between 2018 and 2020.

The award covers the delivery and installation of subsea equipment including umbilicals, flowlines and the subsea production system for the Gumusut-Kakap Phase 2 Project.

Shell EP Middle East Holdings B.V. has agreed to sell the entire share capital of Shell Iraq B.V (SIBV), which holds its 19.6% stake in the West Qurna 1 oil field, for US$406 million, to a subsidiary of ITOCHU Corporation.

Range, an international oil and gas company with assets in Trinidad and Indonesia, and an oilfield services business in Trinidad, is pleased to provide an update with respect of its work plan at the Perlak field, Indonesia.

Statoil is awarding a contract for pipelaying to Subsea 7 and for marine operations to Ocean Installer in the Askeladd field development.

Leading asset lifecycle services specialist Bilfinger Salamis UK has been awarded a multimillion pound contract for technical manpower services on Shell U.K. Limited southern North Sea (SNS) assets.

Otto Energy Limited provides the following update on the progress of the SM 71 oil field development.

AGR, the well design and drilling project management firm, has agreed to host its iQx software on the platform, which contains information that is vital to companies selecting locations of wells.