Oil & gas news
Rystad Energy: EQT corporation’s acquisition of Rice Energy creates the leading US and Appalachian natural gas producer
On June 19, EQT Corporation entered into an agreement to acquire Rice Energy for US$ 8.2 billion.
Bumi Armada suspends operations on FPSO Armada Perdana
The suspension of operations is due to longstanding delays in the bare-boat charter payments due to Bumi Armada, as well as irregular payments on the operations and maintenance contract.
Coretrax marks key milestone with setting of 200th bridge plug
Coretrax, leading engineered servicing company for wellbore clean and abandonment, has marked an important milestone with the setting of its 200th CX-2 bridge plug.
Schlumberger and Production Plus announce joint venture
The HEAL Systems™ company will offer producers operating efficiencies and cost savings.
SBM Offshore awarded turnkey and lease and operate contracts for the ExxonMobil Liza FPSO
Under these contracts, SBM Offshore will construct, install, lease and operate a floating production, storage and offloading vessel (FPSO).
Statoil’s plans to develop Njord and Bauge are approved
Statoil’s plans for the development and operation of Njord and Bauge have now been approved by authorities.
John Crane Asset Management Solutions inks maintenance contract
John Crane Asset Management Solutions has secured a three year contract to provide condition-based maintenance services in the North Sea.
TAG Oil announces reserve increases
An independent reserves assessment of TAG Oil’s interests suggests an approximate 27% increase in annual reserves revisions.
88 Energy provides Icewine#2 operations update
88 Energy Limited has provided an update on Project Icewine, located onshore North Slope of Alaska.
AWE: Waitsia-3 appraisal well reaches total depth
AWE Limited, the operator of Production Licences L1/L2 in the northern Perth Basin, Western Australia, has announced that the Waitsia-3 appraisal well reached Total Depth (TD) of 3612 m Measured Depth below Rotary Table (MDRT).