Oil & gas news
Woodside agrees to acquire ConcoPhillips' interests in Senegal
Under the terms of the agreement, Woodside is to acquire 100% of ConcoPhillips’ shares for a purchase price of US$350 million.
Environmental team strengthened following acquisition
Independent drilling fluid specialist FOCUS has strengthened its environmental team with the addition of two new staff members.
Keppel AmFELS delivers fifth jackup rig to Perforadora Central
Uxpanapa is the the fifth jackup rig built by Keppel AmFELS for Perforadora Central and the second based on Keppel's KFELS B Class design.
IEA: Oil Market Report for July
Global oil supplies rose by 600 000 bpd in June, to 96 million bpd, after outages curbed OPEC and non-OPEC supplies in May.
AFGlobal to acquire Managed Pressure Operations
AFGlobal Corp. has agreed to acquire Managed Pressure Operations (MPO), a subsidiary of MHWirth.
Weatherford deep-set safety valve achieves V1 rating
The valve is designed for deepwater applications and is effective at depths in excess of 12 000 ft.
Essar reaches coal bed methane milestone
Essar’s Raniganj (East) Block has become India’s first coal bed methane asset to cross the one million metres cubed per day production milestone.
Derrick® elects Green Supply S.A. as exclusive distributor for Argentina oil & gas drilling market
Green Supply will act as Derrick's exclusive oilfield representative in Argentina.
Thyssenkrupp expands board of Industrial Solutions
Michael Höllermann and Johan P. Cnossen are to join the management board of the Industrial Solutions business area effective 1 August 2016.
Lloyd’s Register introduces new well integrity assurance service
The new service is aimed at providing greater efficiency and cost savings for oil and gas operators by combining well examination services with independent verification.