Lundin Norway, operator of PL338, is in the process of completing the drilling of appraisal well 16/1-23 S on the Edvard Grieg oil field in the central section of the North Sea.
WPX Energy has successfully closed the purchase of privately held RKI Exploration & Production.
A detailed, comprehensive approach, addressing all of the involved uncertainties, should help simulate a more actual scenario and improve the accuracies of wear estimation.
Less than a year after the enactment of Mexico’s new energy reform law, which was promulgated in June 2014, the Director General of national oil company Pemex, Emilio Lozaya, announced significant new oil and gas discoveries in the country.
In response to the prolonged oil slump, operators have slashed spending, postponed large-scale projects and laid off staff. Canada’s industry associations have downgraded their 2015 forecasts, as well.
Although this year’s major upstream downturn is inflicting considerable pain on producers and equipment/service companies, alike, it also is stimulating additional technical creativity and progress across all disciplines of the North American industry.
Halliburton has developed a first-of-its-kind mobile app for the oil and gas industry to help customers identify solutions for their well challenges.
TS&M Supply, a DistributionNOW Company based in Canada, recently held a grand opening and ribbon cutting for their new head office and distribution center in Estevan, Saskatchewan.
Chesapeake Energy Corp., the worst-performing stock on the Standard & Poors 500 this year, posted a second-quarter loss as it joined other North American oil and gas producers squeezed by a glut-driven commodity rout.
Veolia Water Technologies will engineer, procure and deliver an industrial wastewater management system including its proven HPD evaporators used for KHI removal and distillate recovery at Dolphin Energy’s natural gas production and processing facilities in Ras Laffan, Qatar.
Breitling Energy Corporation announces a new non-operated 35% participation in a 14-well developmental drilling program in West Texas, with the first spudding on Aug. 5.
Sand control engineering specialist Darcy is gearing up for global interest in its downhole Hydraulic Screen following a successful installation in Statoil’s Statfjord oil field in the Norwegian Sector of the North Sea.
Team Oil Tools has acquired all the outstanding shares of Odessa Packer Services (OPS).
To understand why U.S. oil production is so resilient, it helps to consider the maze of pipelines running out of Midland, Texas.
Katalyst Data Management has acquired the Perth-based oil and gas data management division of SpectrumData Pty Ltd.
Halliburton Co.’s profit tumbled in the last quarter after a yearlong crude-market crash forced customers to slam the brakes on oilfield work.
SBM Offshore has entered into an agreement with Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line) for the acquisition of a stake in the JV companies incorporated for the purpose of owning and operating FPSO Turritella.
Russian major oil and gas companies are uniquely positioned to take advantage of the current macro-economic environment and favorable fundamentals, and to withstand any prolonged period of oil price weakness, according to the latest analysis from Wood Mackenzie.
The size of BHP Billiton Ltd.’s $2.8-billion writedown for its U.S. shale assets took some banks by surprise: at least two thought it was too small.
Kinder Morgan and Shell have reached an agreement for Kinder Morgan to purchase 100% of Shell's equity interest in Elba Liquefaction Company (ELC), the owner of the Elba Liquefaction Project, which is proposed to be constructed and operated at the existing Elba Island LNG Terminal near Savannah, Georgia.