Oil & gas news

Proserv has been awarded a multi-million dollar contract with Premier Oil for work in Asia Pacific.

Global Maritime Consultancy & Engineering, a leading provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has appointed Stavanger local Espen Thomassen as Regional Manager for the Americas.

Aberdeenshire-based ROV solutions provider, Aleron Ltd has boosted its international credentials, with the announcement of two contract wins in the North Africa region for its group companies, Aleron Subsea Ltd and ROVQUIP Ltd.

Key figures from the oil and gas sector will be gathering at the University of Aberdeen next month for a conference that will focus on collaboration as the key to maximising economic recovery in the North Sea.

CGG GeoSoftware has donated its HampsonRussell software suite, covering all aspects of reservoir characterisation, to the University of Texas of the Permian Basin (UTPB) Geology Program.

Tamarama-1 well has been free flow, producing gas and fluids to surface with rates fluctuating due to fluid interference.

Erin Energy Corporation has announced the execution of a drilling services contract with Pacific Drilling for use of the Pacific Bora drilling rig.

Global oil supply could struggle to keep pace with demand after 2020, risking a sharp increase in prices, unless new projects are approved soon, according to the latest five-year oil market forecast from the International Energy Agency.

New projects expected to create more than 45 000 high-paying jobs across the region and thousands more through multiplier effect.

Cairn has announced the results of the SNE-5 appraisal well offshore Senegal where operations have been safely and successfully completed ahead of schedule and under budget following drilling, logging, drill stem testing and the setting of pressure gauges.