Oil & gas news

The AWE Board will evaluate the proposal and provide a recommendation for shareholders in due course. Meanwhile, the Board advises shareholders to take no action regarding the proposal.

A global oil producer has kicked off initial five well campaign.

NEL, the flow measurement R&D specialist, is the first laboratory in the world to invest in 2D flow visualisation technology, as part of its continual programme to deliver industry-leading test facilities.

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.