Oil & gas news
API: petroleum demand rose in August
Total petroleum deliveries in August moved up by 1.6% from August 2015 to average 20.1 million bpd.
Tethys Petroleum corporate update
The Central Asia and Caspian-focused company provides an update on legal proceedings and other events.
New jack-up deployable drilling technology launched
Aquaterra Energy and Plexus Holdings have developed a light weight, dual barrier HPHT riser system which can be deployed by a jack-up.
Oil & Gas industry must take a ‘coordinated and streamlined’ approach to security, urge experts
ADIPEC responds to growing need for virtual and physical asset protection with inaugural ‘security in energy’ exhibition and conference.
Subsea UK to examine developments in ROV technology at annual conference
The 2016 Underwater Vehicles Conference will consider the challenges posed by a sustained low oil price amongst other topics.
Add Energy wins 6-figure maintenance optimisation contract in Oman
The contract has secured jobs at the company’s Aberdeen office and enabled sustainability of its Oman office and in country partnership.
Ghanaian Tano Basin acreage negotiations
Clontarf and its partners have been offered revised Tano Basin acreage coordinates by Ghanaian officials.
McKinsey Energy Insights predicts oil market oversupply into 2017
The data and analytics specialist forecasts that it will take more than six months for the oil markets to fully rebalance.
Tendrara well drilled to final casing point
Sound Energy has provided an update on the drilling of Tendrara well TE-7.
Jupiter Energy announces Kazakhstan update
Jupiter Energy has tendered a formal application to the Ministry of Energy for a 4 year extension to the Exploration Period on Block 31.