Oil & gas news

Douglas Westwood’s Q3 World Oilfield Equipment Market Forecast highlights the strong growth potential of the onshore oilfield equipment (OFE) sector through 2016 - 2020.

Both gas and oil bearing prospects identified ahead of fully carried exploration well.

More than 100 000 oil and gas professionals from 125 countries are gearing up to attend ADIPEC 2016.

Zion will use DAFORA’s F-400 drilling rig for operations on the Megiddo-Jezreel #1 well in Israel.

Without higher oil prices, many new projects are thought to be uneconomic. Or are they?

Suncor will gain a 30% interest in the North Sea Rosebank project from OMV.

The Buscador Near-Shore 2D Seismic Survey was acquired by Searcher’s project partner, BGP and comprises 11 200 km of high quality, long-offset, newly acquired 2D data specifically targeting the near shore areas covering rounds 2, 3 and 4.

Torchlight and their operating partner, Maverick Oil and Gas, drilled, logged, cored and set pipe on the Flying B Ranch #1 well in late July.

Karoon awarded exploration permit EPP46 in Australia’s most active exploration province, the Ceduna Sub-Basin, Great Australian Bight.

Seabed Geosolutions, in cooperation with CGG, secured a new extension to its ongoing shallow water operations in the U.A.E.