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Oil & gas news

GE awarded three year frame agreement

GE Oil & Gas has been awarded a multimillion dollar frame agreement to supply subsea wellheads to Oil and Natural Gas Corporation Limited. Under the three year agreement, GE will provide an estimated 55 wellheads to support ONGC’s exploratory drilling campaign in India.

 

Peak Customer undertakes gas testing formulae

Peak Well Systems has been commissioned by an international oil company to undertake gas testing of both the 4-1/2 in. and 5-1/2 in. SIMULTRA Retrievable Bridge Plug.

 
 

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).