Oil & gas news

Approximately 45% of shareholders’ total net dividend have been used to subscribe for shares in the dividend Issue.

Mawson has won the right to actively explore the Kairamaat 2 and 3 exploration permits.

Servelec Controls has announced that they have been awarded a place on the National Grid Framework Agreement.

The latest additions to the drilling motor product line focused on increasing reliability in harsh drilling environments.

The project covered the complete disassembly, blast, paint and reassembly of 57 risers.

According to the survey, more than half (59%) of oil and gas professionals believe the recovery already has begun or will begin in 2017.

The new technology will help operators identify and pinpoint costly wellbore leaks by analysing sound waves that describe flow patterns.

Spectrum has recently been awarded Tender Area 2 covering the southern Rovuma and north-eastern Zambezi Basins, offshore Mozambique.

When the application deadline for awards in pre-defined areas (APA) 2016 expired on 6 September, the authorities had received applications from 33 companies.

SABRE was first developed in 1999 and has been used in some of the world’s most significant abandonment campaigns.