Oil & gas news
Spike in oil prices following OPEC deal
The landmark decision of OPEC and Russia to cut output has sparked a surge in oil prices and trading volumes.
Atlas partner with OPITO on digital standards integration
The partnership will transform emergency response training in the energy industry.
Jacobs wins contract from Shell for Gulf of Mexico platform
Jacobs is to deliver a front-end engineering and design package and detailed engineering for the Vito host platform topsides.
Hydro Group celebrates significant Asian growth
Aberdeen-headquartered Hydro Group Plc, has reported record growth since financial year 2014/15 within its Asian division, due to significant demand from domestic markets.
Aker BP awards new frame agreement to DNV GL
The agreement covers a wide range of safety, verification, inspection and classification services across its installations on the Norwegian Continental Shelf.
Baker Hughes and partners to form North American pressure pumping company
Baker Hughes, CSL Capital Management and Goldman Sachs’ Merchant Banking Division have agreed to form a North American land pressure pumping company.
NPD: Processing development plan for the Oda discovery
The operator Centrica submitted the Plan for Development and Operation (PDO) of the Oda discovery in the North Sea to the authorities today.
Ducatus Partners bolsters Houston team with two senior hires
Executive search firm strengthens oil and gas practice and expands into the infrastructure, power and renewables sectors.
IHS Markit: Decommissioning of ageing offshore oil and gas facilities increasing significantly
600 projects to be decommissioned during next five years with 2000 more to follow through 2040, as market spending grows 540%.
Nostra Terra completed the acquisition of interest in Pine Mills oilfield
Nostra Terra has paid US$1025 000 to complete the acquisition.