From the field

KBR secures Fort Hills oil sands contract

KBR has been awarded a contract for work on Suncor Energy’s Fort Hills oil sands mining project in Alberta, Canada.… Read More

9 years ago

Bowleven makes find in onshore Cameroon

Bowleven has struck hydrocarbons at its Zingana wildcat on the onshore Bomono block in Cameroon. More details on the find… Read More

9 years ago

OMV buys more offshore Madagascar

OMV has picked up an additional 50-percent interest in the Grand Prix block offshore Madagascar. The acquisition of the stake… Read More

9 years ago

Helix and Jurong agree to delay newbuild

Helix Energy Solutions Group has come to an agreement with Singapore’s Jurong Shipyard to delay work on newbuild well intervention… Read More

9 years ago

Hercules Offshore files for bankruptcy

Shallow-water drilling services provider Hercules Offshore will file for bankruptcy protection in mid-August, the company has said. The move is… Read More

9 years ago

EQT reports highest ever flow rate on shale well

EQT has announced an initial flow rate of 2.1 mcm (72.9 mcf) of gas per day from its first well… Read More

9 years ago

North American rig operators see bright future

Two North American onshore drilling rig operators released positive outlooks on Thursday, despite both companies posting net losses for the… Read More

9 years ago

Iran eyes $185 billion in oil and gas investments

Iran has laid out plans calling for $185 billion in investment in around 50 oil and gas projects by 2020.… Read More

9 years ago

Weatherford posts quarterly loss

Weatherford has reported an after-tax charges net loss of $489 million for the second quarter of 2015. Before taking after-tax… Read More

9 years ago

Statoil makes offshore gas find in North Sea

Statoil has announced a gas and condensate discovery in the Julius prospect offshore Norway. The discovery is estimated to contain… Read More

9 years ago

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