Oil & gas news
ATR and Centurion merge
Centurion Group and ATR Group are to merge to create a global player in the oil and gas rental equipment and services market.
DNO launches offer to acquire Gulf Keystone
DNO ASA, has unveiled a proposal to acquire for US$300 million all of the enlarged share capital in Gulf Keystone Petroleum Ltd.
Baker Hughes announces 2Q16 results
Baker Hughes has announced their results for the second quarter and first half of the year for 2016.
Enbridge releases 2Q16 results
Enbridge Energy Partners LP has announced that the board of directors of the delegate of the Partnership's general partner has declared a quarterly cash distribution of US$0.583 per unit.
EIA: stripper wells accounted for 11% of US natural gas production in 2015
Natural gas stripper wells are characterised as producing no more than 90 000 ft3/d over a 12 month period.
Shell announces Fort Sumter discovery in Gulf of Mexico
This discovery further enhances Shell’s deepwater position.
Songa Enabler commencement of drilling contract
Songa Enabler has commenced drilling operations on 29 July 2016 in the Barents Sea.
ATR and Centurion Merge to Create Global Oil & Gas Rental Group
The group, which will have a combined turnover of over £100 million, will operate from bases in the UK, Netherlands, Caspian, Singapore, Australia and the US.
Statoil to acquire interest in Santos Basin
Statoil has acquired an operated interest in a Brazilian offshore licence containing a substantial part of the Carcará pre-salt oil discovery.
Weatherford teams with IBM for next-generation production optimisation solutions
Collaboration to combine IBM Advanced Analytics, IoT Capabilities, and the IBM Cloud with Weatherford production software.