Oil & gas news
Ashtead supports the redevelopment of BP’s Quad 204
The company assisted with the installation of two subsea manifolds at water depths of 400 m.
Sacramento Basin farmout confirms AMI value
BNE will fund additional oil and gas leases over the highly prospective structures in the Northern Sacramento Basin.
Financial results for Ithaca Energy
Ithaca Energy Inc. has reported its 1H16 financial results, discussing its cashflow, pipelines, average oil production and more.
Africa Oil 2Q16 results
Africa Oil Corp. announces 2016 second quarter financial and operating results.
Quality certificate to help Midsund Bruk AS target global growth
The oil and gas technology supplier is targeting further worldwide growth after securing an internationally-recognised quality assurance certificate.
Sabine Oil & Gas restructures balance sheet
The company’s Chapter 11 Plan of Reorganization is now in effect; Sabine Oil & Gas to emerge as a private company.
SBM Offshore appoints new CFO
Mr. D.H.M. Wood as Management Board member and Chief Financial Officer.
Ocean Rig: reports and operation results
For Q2 2016, the Company reported a net income of US$156.1 million, or US$1.83 basic and diluted earnings per share.
U.S. EIA: US crude oil exports reach more destinations and continue to increase
Since the removal of restrictions on exporting US crude oil in December 2015, the number of countries receiving exported US crude has risen sharply.
Operating in high-risk oil regions
Jake Davies, Permasense, explains how remote monitoring solutions can reduce people-related risk.