Oil & Gas

Exxon Mobil Corporation will more than double its Permian Basin resource to 6 billion barrels of oil equivalent through the acquisition of companies owned by the Bass family of Fort…
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TechnipFMC is now operating as a unified, combined company following completion of the merger of FMC Technologies and Technip. The merger creates a global leader in oil and gas…
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Huisman, the worldwide specialist in lifting, drilling and subsea solutions, is currently producing world’s largest bearings at its production facility in China. These two, 30m…
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In connection with the Award in Predefined Areas (APA) for 2016 Statoil has been awarded interests in 29 exploration licences on the Norwegian continental shelf (NCS), 16 of these as…
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The plan for development and operation for the Utgard and Byrding fields in the North Sea has been approved by the authorities. Utgard is a gas and condensate field on Norwegian…
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One year after the license award Statoil has made an oil and gas discovery close to Norne estimated at between 20 and 80 million barrels. The drilling of the Cape Vulture…
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A new report released today by Consumer Energy Alliance (CEA) found that rejecting pipeline infrastructure would remove almost one-third of U.S. electricity generation capacity by 2030,…
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Petrofac has secured a contract worth US$75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP). The one-year contract, with a one-year option,…
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Fugro has been awarded a contract from INPEX Operations Australia Pto provide subsea services for the Ichthys facilities in the Timor Sea, located approximately 220km from the coast of…
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The Weir Group PLC has appointed David Paradis to its Group Executive as President of the Weir Flow Control Division David will take up his new role from 23 January 2017. David…
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