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Oil & Gas UK’s chief executive Deirdre Michie welcomes EY’s UK oil field services report, which shows the sector gearing up for growth but still dependent on industry maintaining its focus on achieving further recovery in 2018.
Angus Energy Plc, a conventional oil and gas production and development company, has successfully raised £2.0 million (gross) by means of a private placement with institutional and private investors.
Eagle will use the net proceeds from the sale of the Salt Flat Field to reduce outstanding debt under the secured term loan and to further fund its drilling program in North Texas. As at December 31, 2017, Eagle remains in compliance with all covenants under its loan agreement.
The contract will see John Crane Asset Management Solutions personnel deployed to a major Texas refinery from the company’s operational offices in Aberdeen and Pasadena, Texas.
Sound Energy, the Moroccan upstream gas company, has provided details of its 2018 work programme and an update on the company's acquisition of geophysical and geological data in Eastern Morocco.
This contract award builds on Jacobs momentum of securing several significant maintenance and turnarounds contracts in North America this past year.
Tullow Oil plc (Tullow), the independent oil and gas exploration and production group, announces its full year results for the year ended 31 December 2017.
AVEVA has acquired the intellectual property rights to the engineering design database and design productivity software known as EDD and PDMSi, developed by Shell International Exploration and Production Inc., a member of the Royal Dutch Shell plc group.
Strata-X Energy Ltd. has announced that the company’s Prospecting Licenses held in the Republic of Botswana, covering the Serowe CSG Project, have been re-issued until the end of 2025 opening the door to an active 2018 appraisal programme.
The ONZ-7 well on the Sebou permit in Morocco has been completed and tested.
The alliance will allow customers to streamline the resources involved in large data-driven deployments, and TARGET’s customers will be able to extract more value from their subsurface data via Quantico’s artificial intelligence capabilities.
Half of oil and gas fields are not producing to expectations when onstream, and a new Westwood study shows that this is mainly due to unexpected reservoir issues.