Current Headlines

  1. Westwood Global Energy Group Farm-Out Opportunity Report
    8/29/2018

    Azinor Catalyst is preparing for its 2019 drilling campaign, having undertaken considerable work to de-risk the three prospects it plans to drill. With 100% equity in P2165, 80% in P2317 and 50% in P2179, it is offering equity in all the prospects to spread risk and preserve capital funds

  2. Petrofac Awarded US$600M Project In Algeria
    8/29/2018

    Petrofac has received a provisional letter of award for an engineering, procurement and construction (EPC) contract worth US$600M with Sonatrach for EPC1 of the Tinhert Field Development Project in Algeria. Formal contract signing is expected to take place in September 2018.

  3. BHGE Releases Field-Proven Permanent Magnet Motor
    8/29/2018

    Baker Hughes, a GE company (BHGE), announced today the introduction of its Magnefficient permanent magnet motor (PMM), which enables operators to increase electrical submersible pumping (ESP) system efficiency, thereby lowering power requirements and overall lifting costs.

  4. TRC Chosen To Provide Array Of Integrated Services On Midship Pipeline Project
    8/28/2018

    TRC Companies Inc., a leading provider of end-to-end engineering, consulting and construction management solutions fueled by innovative technology, has been awarded a pair of contracts from Midship Pipeline Company LLC for the Midship Pipeline Project in Oklahoma – one for environmental consulting, engineering and field services and the other a stem-to-stern Engineer, Procure and Construct (EPC) contract for three compressor stations.

  5. Schlumberger Introduces New MEMS Gyro Surveying Service
    8/28/2018

    Schlumberger recently introduced the GyroSphere* MEMS gyro-while-drilling service at Offshore Northern Seas (ONS). The GyroSphere service responds to the needs of E&P companies for a faster and more rugged, gyro-surveying while-drilling tool that increases drilling efficiency and reliability while reducing drilling risks.

  6. BHGE Secures 3-Year Subsea Services Contract Extension From Equinor
    8/27/2018

    Baker Hughes, a GE company has received a three-year extension to a subsea services frame agreement with Equinor for its operations on the Norwegian Continental Shelf. BHGE will provide support for several installations including Troll, Snorre B and Tordis/Vigdis, with the deal marking more than 40-years of collaboration between the two companies.

  7. API Statement On Preliminary Agreement Reached Between U.S., Mexico To Update NAFTA
    8/27/2018

    The American Petroleum Institute released the following statement regarding an announcement that the Trump Administration has reached a preliminary agreement between the United States and Mexico to update the North American Free Trade Agreement (NAFTA).

  8. Successful Appraisal Well And Production Test On Rolvsnes
    8/27/2018

    Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has successfully completed the appraisal well 16/1-28S and production test on the Rolvsnes discovery in the PL338C on the Utsira High in the Norwegian North Sea.

  9. Fairfield Geotechnologies Embarks On Quail Ridge East Survey
    8/24/2018

    Fairfield Geotechnologies announces its newest multi-client project in Lea County, New Mexico. Quail Ridge East is one of three ongoing surveys that extends Fairfield Geotechnologies’ data portfolio in the northern Delaware Basin.

  10. Contract For Improved Recovery At Johan Castberg
    8/24/2018

    Digital technology developed in Norway will help improve recovery from the Johan Castberg field in the Barents Sea.