Today’s oil prices drop as US crude inventories rise
Oil futures dropped today as US crude stockpiles rose to a record-high, which created demand concerns.
Month: April 2014
Hunter and Nanometrics to develop induced seismic and microseismic monitoring solution
Hunter, a provider of global satellite solutions, and Nanometrics, a manufacturer of seismology systems and instrumentation, are set to work…
Subsea 7 wins $160m contract from BP in US Gulf of Mexico
Norway-based offshore energy industry service provider Subsea 7 has been awarded a contract by BP Exploration & Production in the…
Offshore Technology Focus: Issue 18
In this issue we look at how Canada is dealing with offshore operators, find out how global governance is needed…
ByFastnet announces formal completion of Foum Assaka licence farm-out offshore Morocco
Fastnet Oil & Gas has formally completed its farm-out of a 9.375% interest in the Foum Assaka licence, offshore Morocco,…
ByStone Energy discovers oil in US Gulf of Mexico
Louisiana-based Stone Energy has discovered oil at the deep water Cardona South well (MC 29 #5 well) in Mississippi Canyon…
Plexus to supply POS-GRIP wellhead equipment to Centrica
Oil and gas engineering services business Plexus Holdings has obtained a contract from Centrica Energy Norway to supply POS-GRIP surface…
India receives offer to undertake development of Kazakh Abay oil block
India has received an offer from the Kazakhstan Government to explore Abai oil block in the Caspian Sea.