DNV GL: ‘A test of resilience’
New research published by DNV GL on the outlook for the sector shows that the sector appears self-assured in its ability to better cope with market instability and long-term lower oil and gas prices.
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New research published by DNV GL on the outlook for the sector shows that the sector appears self-assured in its ability to better cope with market instability and long-term lower oil and gas prices.
Byron has closed the previously announced acquisition of the South Marsh Island 58 (‘SM58’) lease block including the SM58 #E1 producing wellbore and the SM69 E platform and flowlines.
Each contract is for engineering studies and includes an option for Woodside to proceed to the execute phase with an engineering, procurement, construction and installation (EPCI) contract.
David Johnson, managing director of Leeds-based Tudor International Freight, has advised the industry’s EU traders to continue preparing for a 'calamity' no-deal Brexit, as this remained a strong possibility and could still occur this month.
Prior to his promotion, Bhalla led SES’ drilling, completion and intervention systems sub-practice and was one of the key architects of the company’s Realtime Fatigue Monitoring System® (RFMS®).
Fabienne Ellington has joined the manufacturer of Thermoplastic Composite Pipeline (TCP), Airborne Oil & Gas, as its first vice president Asia and Middle East.
Political and economic instability may affect Lebanon’s second offshore licensing round, according to GlobalData.
The new agreement reflects a strategic collaboration between ABB and BP, with ABB committed to delivering innovation, substantial savings, improved scheduling and lower risk as a valued long-term partner.
The center deploys the latest mechanical engineering expertise to build more durable motors that drill faster and allow for longer runs with a higher rate of penetration.
Results for the year ended 31st October 2018 with an EBITDA of US$57.6 million (£42.9 million), a 29% increase on 2017.
Aberdeen-based energy investment specialists Simmons Energy, a Division of Piper Jaffray, has been appointed by Oxford Flow to raise strategic capital for its ambitious growth objectives across the oil and gas sector.
Magma sought to further improve the thermal insulation properties of m-pipe in order to maintain flow temperature for a number of current projects. Shawcor’s Thermotite® ULTRA™ was identified as having the required thermal insulation to achieve this.