Oil & gas news
Reflex Marine to launch WAVE-4 at Offshore Energy
The WAVE-4 marine personnel transfer carrier will be introduced to the oil and gas industry at the Offshore Energy 16 exhibition and conference in Amsterdam, October 25 and 26.
Rubicon Oilfield International acquires Logan International Inc.
Rubicon Oilfield International has announced that it has completed the acquisition of all of the outstanding common shares of Logan International Inc. for $1.59 CAD per share.
Douglas-Westwood: maintenance moves
A sustained low oil price environment is a challenging one, with ‘survival of the fittest’ being an undeniable reality of the sector.
Keppel to deliver third FPSO for Shapoorji Pallonji and Bumi Armada JV
Keppel has undertaken its third upgrade project for the Shapoorji Palloni and Bumi Armada joint venture.
Prosafe provides operational update 3Q 2016
The fleet utilisation rate in the third quarter of 2016 was 52%.
Cooper Energy and Santos sign third gas sales agreement for Sole Gas Project
The Alinta Energy agreement is the third supply agreement announced by Cooper Energy in the past 14 months.
Aker Solutions to acquire majority stake in Brazil's C.S.E.
The acquisition gives Aker Solutions access to Brazil's growing market for servicing existing oil and gas fields.
Economist Intelligence Unit - global forecast
The EIU expects the price of dated Brent Blend, the global benchmark, to trade at US$55 - 65/bbl for most of 2017 - 21.
Leveraging Mangala EOR to maximise domestic production
Mangala EOR alone crosses 300 million bbls of cumulative production.
ACE Winches announces NEW 500te Linear Winch at Offshore Energy 2016
In recent months ACE Winches has delivered equipment and services for a number of key projects for European based companies, worth over £1.4 million.