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Oil & gas news

Sharing satellite solutions

Chuck Moseley, Inmarsat, USA, explains why oil and gas companies are turning to satellite-based internet of things (IoT) solutions to enable digital oilfield capabilities.

 

Banks approve Siem Offshore restructuring plan

Siem Offshore Inc. has received approval from all of its financing banks for a financial platform to position the company for the expected challenging market in the coming years.

 
 

Egdon Resources acquires additional interest in PEDL068

Egdon Resources plc (AIM:EDR) has announced that it has reached agreement to acquire an additional 20% interest in Petroleum Exploration and Production Licence PEDL068 from DESS Energy Limited (DESS).