Oil & gas news
Norvestor invests in READ Cased Hole
READ Cased Hole is an independent specialised provider of production logging and well integrity evaluation services with a 25-year track record from analysing wellbore data.
Subsea 7 awarded contract in the Norwegian North Sea
The strategic partnership with Centrica will allow the companies to work closely together in optimising the Oda field project.
Seatronics ink partnership frame agreement with Bibby Offshore
Seatronics Ltd has secured a contract with Bibby Offshore to be their preferred supplier of subsea rental equipment.
INPEX to enter production phase at Zapadno-Yaraktinsky Block oilfield in Irkutsk
The new production phase adds to the company's continually growing E&P portfolio.
Chariot Oil & Gas provides pre-close operational update
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, has provided a pre-close operational update prior to its year end 31 December.
Statoil sells its oilsands business
Following this transaction, Athabasca will take over operatorship of Leismer and Corner and Statoil will no longer operate any oilsands assets.
EIA: US O&G proved reserves decrease in 2015 due to lower prices
US crude oil proved reserves declined by 4.7 billion bbls and natural gas proved reserves declined by 64.5 trillion cubic feet.
OMV completes the sale of a 49% minority stake in Gas Connect Austria to Allianz and Snam
OMV has completed the sale of a 49% minority stake in Gas Connect Austria GmbH to the consortium composed of Allianz, Europe’s largest insurer, and Snam, one of Europe’s leading gas infrastructure players.
Oman Bid Round 2016: Four blocks available for online evaluation using new service
The Oman Ministry of Oil & Gas has announced that bidding for the 2016 licensing round is now underway. Using a new online service, interested parties are now able to access and evaluate data relating to all four blocks online.
ODE joins Southern North Sea working group on life extension
International engineering and operations support services contractor ODE, a part of the DORIS Group, was recently named as a key contributor to a new industry working group.