Oil & gas news
Ashtead boosts rental fleet with cost-effective subsea navigation technology
The iXblue RAMSES is an acoustic synthetic baseline positioning tool with self-contained computing, for simple, efficient, real time underwater navigation.
Keppel to deliver Bumi Armada’s first North Sea FPSO
Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver an FPSO vessel to Armada Kraken Pte Ltd.
Statoil opening its Christmas gift early this year
Gullfaks Rimfaksdalen (GRD) was scheduled for start-up on Christmas Eve this year, but the project has worked faster and now the field is on stream.
GustoMSC introduces the OCEAN-HE series
The OCEAN-HE series is a range of drilling semisubmersibles designed for harsh environments.
Seaowl acquires Ogas Solutions
SeaOwl has announced the acquisition of Ogas Solutions, an oil and gas services group with headquarters located in Bangkok.
Archer launches ‘Stronghold’ systems
The Stronghold range includes a series of perforating, washing and cementing systems to deliver faster, safer and more economical solutions for operators worldwide.
Statoil cuts Johan Sverdrup costs
Since the plan for development and operation (PDO) of the Johan Sverdrup field was approved by Norwegian authorities, Statoil has cooperated with partners, authorities and suppliers on improving the project.
Wood Group awarded design contract
Wood Group secures subsea tieback detailed design scope with Statoil in the North Sea.
Lucas Energy enters into agreement to fund development of Eagle Ford shale assets
Lucas Energy's subsidiary, CATI, plans to use the funds to participate in the drilling and completion of certain Eagle Ford wells under a joint operating agreement with Lonestar Resources US, Inc.
EIA: OPEC export revenue drops
According to the EIA, OPEC members' net oil export revenue in 2015 dropped to its lowest level since 2004.