
Rystad Energy ranks the cheapest sources of supply in the oil industry
In a major turnaround, North American tight oil is emerging as the second cheapest source of new oil volumes globally, just shy of the Middle East onshore market.
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In a major turnaround, North American tight oil is emerging as the second cheapest source of new oil volumes globally, just shy of the Middle East onshore market.

The board of Caspian Sunrise has provided an update on developments at its flagship BNG Contract Area.

Rystad Energy, the independent energy research and consultancy, has analysed the historic investments and oilfield service purchases of the world’s 50 000 oil and gas fields.

Ashtead Technology has completed its US$2 million investment in a new Houston facility, moving to the city’s Northwest Freeway and Sam Houston Toll way area.

Oilfield technology firm Airborne Oil & Gas and engineering company Símeros Technologies are collaborating to qualify dynamic deepwater thermoplastic composite pipe risers in Brazil.

Sabah Shell Petroleum Company Ltd, a subsidiary of Royal Dutch Shell, has signed an offshore master service agreement (MSA) with BMT.

ExxonMobil has said that it has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals.

The number of drilled but uncompleted wells in seven key oil and natural gas production regions in the United States has increased over the last two years, according to well counts in the EIA’s drilling productivity report.

Expro’s new Intervention Riser System and Riserless Well Intervention System provide two new well access solutions.

Craig International has reported growth in its USA operations, whilst securing a new UK contract with BP.

BMT has secured a new contract with Shell’s platforms offshore Malaysia

BMT has announced a partnership with Sonardyne to deliver its ‘Riser Monitoring System’ to Subsea 7