Oil & gas news
Sawyer Mfg. Co. receives HUBZone certification
Sawyer Mfg. Co. has won several new jobs recently due to the Historically Underutilised Business Zones or HUBZone.
IHS forecasts production growth of one million bpd by 2025
According to IHS, oilsands production growth enters new phase as growth continues into the next decade.
LUKOIL Marine Lubricants introduces new NAVIGO 6 CO crankcase oil
LUKOIL Marine Lubricants has launched the newly formulated NAVIGO 6 CO crankcase oil and NAVIGO 70 MCL AW cylinder oil.
Wood Group awarded Peregrino field contract
Under the contract Wood Group deliver engineering and design, and procurement services to South Atlantic Holding for the development of the Peregrino field.
ABS and Keppel announce JDP
ABS has announced multiple major joint development projects with Keppel Offshore & Marine Technology Centre (KOMtech).
Total obtains 30% interest in the Al-Shaheen Field concession
The agreement between Total and Qatar Petroleum will cover the Al-Shaheen oilfield for a period of 25 years.
Statoil completes transaction in UK licence for Utgard field
Under the transaction, Statoil now has a 100% interest in UK Continental Shelf licence P312.
Frost & Sullivan on Brexit and the energy industry
Frost & Sullivan has outlined its expectations following the UK referendum result.
Global Maritime delivers US$10 - 15 million savings
First time inclining experiment is conducted for DNV GL-classed drilling vessel at same time as ongoing drilling operations.
Penn West announces the closing of the sale of its Saskatchewan assets
The sale has been closed for a cash consideration of approximately US$975 million.