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Decommissioning Oil & Gas in the Gulf of Mexico

2016-09-22 01:00:00| Offshore Technology

The oil and gas decommissioning market in the US Gulf of Mexico (GoM) has always been healthy due to the rising number of ageing rigs. However, low oil prices could accelerate that growth, prompting a boom in decommissioning activity in coming years.

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Engie finds oil and gas near Gja field in North Sea

2016-09-19 01:00:00| Offshore Technology

Engie E&P Norge and its PL636 (Cara) partners have discovered oil and gas in well 36/7-4 close to the Gja field in the North Sea's Norwegian region.

Tags: north field sea gas

 
 

Report: Pakistan leads in new global oil and gas discoveries during second quarter of 2016

2016-09-16 01:00:00| Hydrocarbons Technology

A total of 38 new oil and gas discoveries were made globally during the second quarter of 2016, according to a report by GlobalData.

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BOEM to launch lease sale for oil and gas development in US Gulf of Mexico

2016-09-15 01:00:00| Offshore Technology

The US Bureau of Ocean Energy Management (BOEM) is to offer around 47 million acres in offshore Louisiana, Mississippi, and Alabama for oil and gas exploration and development in the Gulf of Mexico as part of a lease sale in March 2017.

Tags: of us development sale

 

Report: Global oil and gas production to increase by 3.7% by 2020

2016-09-09 01:00:00| Offshore Technology

Global upstream oil and gas production is expected to reach 57,660 million metric barrels of oil equivalent (Mmboe) by 2020, growing at an average rate of 3.7%, according to a report by GlobalData.

Tags: by report increase global

 

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