Oil & gas news

Peterson has appointed Sarah Forbes as director projects & innovation. The appointment follows an investment by Peterson in Core 29, the project management and consultancy business founded by Ms Forbes in Aberdeen in 2012.

JP Chia, Engineering Manager at Trelleborg’s engineered products operation looks at how use of floatover technology can help reduce costs and eliminate downtime.

Hess Corporation announced positive results from the Payara-1 well offshore Guyana, which is the second oil discovery on the Stabroek Block following the world-class Liza oil discovery in 2015.

Anadarko Petroleum Corporation has announced that it has agreed to sell its Eagleford Shale assets in South Texas for US$2.3 billion to Sanchez Energy Corporation and Blackstone Group LP.

Cyberhawk Innovations, the world leader in aerial inspection and survey using Unmanned Aerial Systems (UAS), otherwise known as drones, has welcomed Oil & Gas UK’s new guidelines on the use of drones in offshore environments.

Finalists for the 2017 Offshore Achievement Awards, sponsored by TAQA, have been announced today (Friday 13 January).

Fugro has been awarded a contract from INPEX for subsea services across the Ichthys facilities in the Timor Sea, located approximately 220 km from the coast of Western Australia.

Horizon Oil is pleased to advise that on 10 January 2017 production from the Beibu Gulf fields, offshore China, which came on stream in March 2013, reached a total of 13.9 million bbls of oil.

Oil and gas production on the Norwegian shelf is high. The adjustment process has been extensive, but the cost reductions implemented by the industry will lay the foundation for profitable activity for many years to come

The company has issued a statement to summarise recent operational activities and to provide trading guidance in respect of the financial year to 31 December 2016.