
New horizontal gas storage wells completed on schedule
WSP Parsons Brinckerhoff has announced it has finished drilling and completing five new horizontal natural gas storage wells near Athens, Texas.
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WSP Parsons Brinckerhoff has announced it has finished drilling and completing five new horizontal natural gas storage wells near Athens, Texas.

Damen Shipyards Group has announced the completion of a key construction contract, comprising two electric-powered cutter suction dredgers for the Canadian oil sands industry.

A collaboration between Blueshift International Materials, Inc., the University of Strathclyde and the Oil & Gas Innovation Centre (OGIC).

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that it has entered into a committed seven year senior secured revolving credit facility of up to US$5.0 billion, with an initial committed amount of US$4.3 billion.

Underlying replacement cost profit for the full year was US$5.9 billion, compared with US$12.1 billion reported for 2014, down 51%.

Contract value could range between NOK1 - 3 billion.

The Open Innovation Awards fast track promising ways to reduce fresh water in shale oil and gas production.

The US Energy Information Administration (EIA) has released its January Natural Gas Monthly, with data through November 2015.

Chevron Corporation reported a loss of US$588 million for 4Q15, compared with earnings of US$3.5 billion in 4Q14.

EnerMech will use Parker products for client requirements in hydraulics, pneumatics, filtration and instrumentation.

The sale will help fund further development of the Moftinu gas discovery in Romania.

Aimed at individuals required to control HV/LV generation and distribution systems.