
Global hydrocarbon supply to 2035
A worldwide glut of crude oil, partially fuelled by the US shale revolution, has thrown the market off balance causing prices to plummet to historic lows.
Browse the latest drilling & production news and articles.

A worldwide glut of crude oil, partially fuelled by the US shale revolution, has thrown the market off balance causing prices to plummet to historic lows.

AGSL is to provide its software management toolset to TAQA for use on its North Sea offshore assets.

Faroe Petroleum has announced its audited results for the year ended 31 December 2015.

The two jackup rigs were delivered to Mexican company, Grupo R.

Neptune is supporting BP with a wellhead strengthening design solution for use on BP’s Quad204 programme.

Metal-to-metal sealing technology to expand completions portfolio.

The contract renewal is worth approximately £3 million.

CERF Inc. has announced that Mr. Ken Olson has been appointed Chief Financial Officer of CERF, effective 1 May 2016.

Douglas-Westwood analyse the UK government’s decision to abolish the Petroleum Revenue Tax.

Niko Resources Ltd has announced that Mr. Kevin J. Clarke intends to resign from his role as Chairman of the Board and interim CEO.

The short term outlook for West Africa’s deepwater sector is still positive due to projects sanctioned before the market downturn.

Wood Group Intetech (WGI) has announced that the company is growing its business in Malaysia, in response to heightened demand for its services.