Oil & gas news

Subsea services company, Rovco has appointed Liam Warren as operations manager to support the delivery of complex ROV and survey projects across the globe.

Sec PV-10 value more than doubled to US$22.5 million while forward strip based PV-10 value was US$39.93

Iraq’s oil minister said that the country would follow the rest of OPEC in reducing output despite Baghdad’s attempts to increase oil export capacity.

Targa will manage the construction of LM4 and will operate the plant. Hess Midstream’s 50% interest in the joint venture will be held through Hess TGP Operations LP, in which Hess Midstream owns a 20% controlling economic interest.

Independent global completions service company Tendeka has completed field testing of its wireless intelligent completions technology, PulseEight.

Enbridge applied to the NEB on March 10, 2017 after identifying a potential safety concern related to a shifting slope on the Mackenzie River.

The company has raised US$ 25 million in its Series A financing round and plans to use the funds to expand sales and marketing efforts in asset-heavy industries, including the oil & gas, maritime, mining, chemicals, power and manufacturing sectors.

PTTEP’s net profit jumps 60% from recovered oil prices and effective operation and cost management Dividend payment proposed at 4.25 Baht per share.

Blue Water Energy and Blackstone Energy Parters have agreed to lead an initial investment of up to US$1 billion in Mime Petroleum.

Baker Hughes, a GE company, has announced the results for the fourth quarter of 2017 and the total year ended December 31, 2017.