Oil & gas news

The operator became the largest independent E&P company in the region following the US$3 billion deal with Shell earlier this year to acquire the platforms as part of a larger asset package.

Bibby Offshore’s Houston-based division, Bibby Subsea, has successfully completed a significant contract with Shell Pipeline, a subsidiary of Shell Oil US.

Entering the market with industry experience and leading technology, Galtway Marketing partners with clients to modernise their branding and customer retention programmes.

Comet Ridge Managing Director, Tor McCaul, said this transaction is a key step in unlocking significant value potential from the Galilee Basin.

The company announced its third-quarter 2017 results, reporting a net loss attributable to common stockholders of US$699 million, or US$1.27 per share (diluted).

Assala Energy will operate Shell’s onshore Gabon assets upstream assets. At completion, some 430 local employees have transferred from Shell to Assala Energy.

Ocean Installer will execute the job as part of an innovative alliance with Baker Hughes, which targets projects where Ocean Installer and Baker Hughes, a GE Company (BHGE) benefits each other.

The package of assets consists of Shell’s interests in Buzzard, Beryl, Bressay, Elgin-Franklin, J-Area, the Greater Armada cluster, Everest, Lomond and Erskine, plus a 10% stake in Schiehallion.

Achieving ABS recognition means that the data captured by Cyberhawk’s UAVs can now be used by ABS surveyors to make decisions affecting classification surveys of cargo oil tanks (COT) and other bulk storage tanks on vessels.

Now with the responsibility for a strategic UK asset that delivers almost 40% of the UK’s North Sea oil and gas output, INEOS has further strengthened its long term oil and gas activity.