
Chevron reports Q4 net income of US$415 million
Chevron has reported earnings of US$415 million for Q4 2016, compared with a loss of US$588 million in Q4 2015.
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Chevron has reported earnings of US$415 million for Q4 2016, compared with a loss of US$588 million in Q4 2015.

TGS has begun field operations on the West Kermit 3D seismic survey in the Delaware Basin. This project will encompass a minimum of 150 square miles in Loving and Winkler Counties, TX.

Egdon Resources plc has announced that it has now completed the acquisition of an additional interest in PEDL201 in the Company’s East Midlands core area.

Lundin has received consent to carry out exploration drilling of well 16/1-27 on the Edvard Grieg field.

A new on-demand wireless ribbon lighting system has been launched following a collaboration between award-winning Scottish technology companies WFS Technologies Ltd and PhotoSynergy Ltd (PSL).

For the first time, test certification for almost 30 of Trelleborg Sealing Solutions best-in-class materials for the oil and gas market is made available online.

Pantheon confirms that the VOBM#2H sidetrack well, Polk County, onshore East Texas, has been drilled to a total measured depth of ~16 450 ft and will now be completed ahead of testing.

Subsea 7 has won the award of a subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil. (Image: Maersk).

AzEire Ltd., the Ireland focused oil and gas exploration company has announced that it has been awarded an extension to its 100% working interest FEL 1/13 Licence in the Porcupine Basin.

Statoil is the operator of the Norne field in the Norwegian Sea, west of Mo i Rana in Nordland county. The field has been developed using a floating production and storage unit, tied to the well templates on the seabed. Water depth at the Norne field is 380 m.

With UK subsea exports valued at almost £5 billion, Subsea UK is encouraging British firms to set their sights on international expansion to sustain long term growth.

McKinsey Energy Insights (MEI), the analytics specialist that provides distinctive insight and support to the global energy industry, has launched the Energy Demand Intelligence (EDI) Community tool.