Oil & gas news

ARC Advisory Group has recognised IFS for providing leading enterprise asset management software to the oil and gas industry.

The SM-71 discovery has delivered a very significant reserve base to Otto.

Preliminary production figures for June 2016 show that average daily oil production is down on last year.

The system has been applied in over 1000 frack stages since field testing began in April 2016.

Hardbanding Solutions have successfully restored an offshore Russian drilling contractor's drill pipe showed signs of wear and traverse cracking.

The nomination comes off the back of an industry award win at the Offshore Technology Conference (OTC) in Texas in May.

API President and CEO Jack Gerard has called on party leaders to embrace what American voters want – energy policies that benefit consumers.

Wärtsilä has announced that it has entered into a cooperation agreement with US based Greensmith Energy.

In response to India's increasing reliance on petroleum imports, India plans to bring online the country's first strategic petroleum reserve (SPR).

This year has seen US land drilling activities fall to the lowest levels on record.