
Europa Oil & Gas gains Holmwood drilling permission
Europa Oil & Gas has been granted permission for the Holmwood drilling corridor.
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Europa Oil & Gas has been granted permission for the Holmwood drilling corridor.

The total aggregate consideration at the time of the announcement was CAN$310 million.

The survey paints a positive industry outlook with decision makers taking a long term ‘value-add’ view.

Melfort Campbell and Martin Jones have been appointed to strengthen the board of the National Subsea Research Initiative (NSRI).

ISAPT is designed to improve reliability in high-cost production wells.

Vallourec has delivered 14 000 t of premium tubes in the scope of a contract with Hess Corp.

FMC Technologies will provide various subsea equipment.

Par Petroleum Corp. releases an update on the 80 well programme.

On behalf of the Peregrino licence partners, Statoil has awarded a 4 year contract to Wood Group.

The agreement is for the development of a line of CO2 separation membrane products.

According to Reuters, oil prices rose more than 2% after data showed US drilling slowed.

The Shah Deniz Stage 2 project will produce 16 billion m3 per year of gas.