Oil & gas news
MOL: Production started at new Croatian gas fields
Incremental production is estimated at around 2000 boe/d in H2 2016 on average and it is expected to further increase in 2017.
Venari resources increases ownership in Shenandoah field
In addition, the company has reported successful results from the Shenandoah #5 appraisal well.
Amec Foster Wheeler wins Workplace Safety and Health Awards
Amec Foster Wheeler has announced that its Singapore office has received three Safety and Health Award Recognition for Projects (SHARP) awards.
Airbus Defence and Space launches “One Tasking”
One Tasking offers customers working in oil, gas and mining the most intuitive and cost-effective way to rapidly task an Airbus Defence and Space satellite.
Bibby Offshore wins multimillion pound contract
Under the contract Bibby will provide air diving, and ROV inspection and construction services across five of its North Sea assets.
Schlumberger invests in Badille
Schlumberger has agreed to fund €7.5 million of services on the forthcoming Badile well.
Clariant delivers improved operating cash flow
The company is also on track for higher profitability in H1 2016.
Total: second quarter and first half 2016 results
Total captured the benefit of the recovery in oil prices since the start of the year, and adjusted net income rose to US$2.2 billion in the second quarter of 2016.
Upstream in peril? Has Digital Oilfield finally arrived?
Dr Nick Warren CEng FIChemE FCMI, looks at the state of the upstream industry and considers the role to be played by the Digital Oilfield in shaping the future.
Anadarko announces 2Q16 results
Anadarko Petroleum Corp. has announced its financial and operating results for 2Q16, including a net loss attributable to common stockholders of US$692 million.