Oil & gas news
CGG and Wood Mackenzie develop dynamic reserves modelling tool
The tool's global coverage enables exploration teams to do more with less.
Transformational change in emergency response training unveiled at OSCC
A transformational change in the way the global oil and gas workforce can undertake safety-critical emergency response training has been unveiled at a world-wide gathering of industry leaders.
Ramba's Lemang Block produces first oil
The Ministry of Forestry and Environment has issued the forestry lease permit to perform oil and gas exploitation for the Akatara Field located in the Lemang block, Sumatra, Indonesia.
MacGregor hackathon - Hack the sea - creates novel safety and efficiency concepts for the maritime industry
MacGregor, part of Cargotec, organised its first hackathon "Hack the sea" on 11 - 13 November 2016 at the Interschalt Maritime Education & Training Centre, in Schenefeld, Germany.
Welding considerations for offshore structures
Radhika Panday and Teresa Melfi, Lincoln Electric Company, demonstrate the importance of the proper selection of consumables in semi-automatic welding and use of high strength steels.
Mitra closes acquisition of Stag Oilfield
The Stag Oilfield will bring production and cash flows to the company for the first time in its history.
OGA issues contracts to extend frontier seismic database
This combined seismic dataset covers an offshore area equivalent to twice the United Kingdom’s landmass.
Woodside completes acquisition of half of BHP Billiton’s Scarborough area assets
The Scarborough area assets include the Scarborough, Thebe and Jupiter gas fields.
MacGregor introduces 3D Motion Compensator for offshore cranes
The 3D Motion Compensator (3DMC), is a flexible retrofit device, which is designed to enhance the load-handling precision of an offshore crane even in challenging sea states.
Petrobras: oil and natural gas production in October
The company has reported that pre-salt production reached a new daily record during October.