Oil & gas news

A planning application has been submitted to conduct further significant appraisal testing and drilling at the Horse Hill-1 (HH-1) oil discovery.

Douglas Westwood has reported that Brazil’s Congress has approved legislation that will remove state-controlled Petrobras’ obligation as sole operator on the country’s pre-salt developments.

The Board of Directors has approved organisational and personnel changes with the aim to better support the realisation of the company's strategic goals.

The company believes that, the restructuring will provide the Group with a stable and sustainable capital structure, reduced cash debt service obligations and greater liquidity.

Company aims to expand beyond upstream oil and gas market.

Stuart Large, Fotech Solutions, reveals how optimising the frack and refrack process is maximising production efficiency in a downturned market.

The new plant will support Tenaris’s long-term agreement with Karachaganak Petroleum Operating (KPO), plus key operator Tengizchevroil (TCO).

Under this contract, Technip will manage the engineering, supply, construction, installation and commissioning (EPCIC) of flexible pipelines.

Kuwait Energy holds a 60% revenue interest and is the operator of the Block 9 concession.

Gall Thomson has launched a series of new service packages that will allow end users of MBCs to maintain top level operational performance.