In Warsaw, a working meeting was held between Deputy Chairman of Gazprom's Management Committee Alexander Medvedev and President of the Management Board of PGNiG SA Grażyna Piotrowska-Oliwa. The meeting resulted in an agreement to adjust prices in the natural gas supply contract to Poland…
'There are 'suspicions' that [Gazprom] has prevented alternative sources of natural gas from and into European countries, applying inappropriate practices, exploiting its position as the dominant supplier of natural gas to Europe.'It took time but it eventually happened…
Recent tests on Mobil Industrial Lubricants’ Arctic performance hydraulic oil have reportedly shown that it can help reduce hydraulic system energy consumption by up to 6.2%, when compared with standard mineral hydraulic oils. Given pride of…
Baker Hughes has expanded its SmartCare line of products to include what the company describes as ‘more environmentally responsible’ drilling and completion fluids, production chemicals and additives used in cementing and stimulation procedures…
During the last week of June in the US, anything that wasn’t ‘Obamacare’ didn’t get much news coverage. With that in mind, one had to wonder why ‘36 citizen organizations with more than 1.1 million combined members’ chose 27 June to release…
Salaries for oil & gas industry engineers shot up over the past year, rising an average 6.1% across several professional disciplines, according to a new survey released by recruitment firm Hays.The average permanent salary across the survey's sample of 144…
Fifty-six i-FRAC sleeves were opened with three balls on the Norwegian shelf.Well technology company i-TEC has developed an innovative lower completion ball drop sleeve system which it claims can bring wells in tight formations online much more quickly than other methods…
Since it began addressing safety critical fire water deluge system integrity issues a year ago, Paradigm Flow Solutions has rapidly expanded its provision in this area. The company is now working on life-of-field solutions with two North Sea operators…
Andrew McBarnet puts the decision-making of marine seismic companies under the microscope.Carrying on where we left off (OE last month), the future of financially troubled SeaBird Exploration and its ocean bottom node (OBN) seismic acquisition business remains unclear…
Two Engineering Construction Industry Training Board (ECITB) initiatives have been launched in the UK for offshore companies looking to address the skills gap through the reskilling of adult trainees. The first 16 learners recently completed their training…
Earlier this year the refrain was ‘$5 natural gas forever', based on the US Energy Information Administration's (EIA) annual outlook, which argued that natural gas prices will remain below $5 per million btu until 2022. The underlying rationale was growth in the ‘vast' US shale gas resource base…
Multi-client specialist TGS took the marine seismic business by surprise last month with the purchase of Stingray Geophysical, a UK-based start up company focusing on seismic-based permanent reservoir monitoring (PRM). Andrew McBarnet discusses what prompted the move…
Following two years of development, Aberdeen Drilling Consultants recently launched its new ADC Virtual Academy division, offering what they believe is the world's first online course focused on drilling equipment for the oil & gas industry…
Industry experts gathered in Houston late last year to discuss the future of floating LNG. Jennifer Pallanich joined them.A supply glut stemming from a wave of project sanctions between 2003 and 2005 followed by the North American shale revolution…
Reporting from last month’s SEG annual meeting in Denver, Andrew McBarnet finds marine seismic contractors frustrated by contract bidding woes.There is no question about what was bothering the marine seismic community at last month’s well attended…
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