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Statoil to make final investment decision on Johan Castberg development by end-2017
By EBR Staff Writer
Statoil said that it will make its final investment decision on the Johan Castberg oil field development project in the Barents Sea by the end of this year.
Oil & Gas > Drilling & Production > News
Europe approves Ineos’ $1.3bn acquisition of Dong’s oil and gas business
By EBR Staff Writer
UK-based petrochemical giant Ineos’ $1.3bn acquisition of Dong Energy's upstream oil and gas business has been approved by the European Commission (EC).
Oil & Gas > Drilling & Production > News
AET to operate two new offshore loading shuttle tankers for Statoil
By EBR Staff Writer
AET has bagged a long-term charter contract worth $200m from Statoil to operate two new offshore loading shuttle tankers (OLSTs) on the Norwegian and UK Continental Shelves.
Oil & Gas > Drilling & Production > News
Eni ships its first LNG cargo from Jangkrik field
Eni carried out its first shipment of liquefied natural gas (LNG) produced for the Indonesian domestic market by the Jangkrik field, which is located in Indonesia in deep water.
Oil & Gas > Drilling & Production > News
Oil Search establishes $600m revolving credit facility
Oil Search has announced that it has signed documentation with a 14 member bank group for a new five year, non-amortising, revolving credit facility of US$600 million.
Oil & Gas > Drilling & Production > News
Cenovus Energy to sell non-core assets to fund ConocoPhillips acquisition
By EBR Staff Writer
Canadian oil company Cenovus Energy has revealed its target to raise C$4-5bn ($3-3.8bn) by the year end through sale of its non-core assets, to fund ConocoPhillips acquisition.
Oil & Gas > Drilling & Production > News
Energean submits development plan for Israeli offshore natural gas fields
By EBR Staff Writer
Energean Israel has initiated development of two offshore Israeli natural gas fields by filing a Field Development Plan (FDP) with the Israeli Petroleum Commissioner.
Oil & Gas > Drilling & Production > News
Statoil receives approval to develop Njord and Bauge oil fields
The Norwegian authorities have approved the plans for development and operation (PDO) of Njord and Bauge located in the Norwegian Sea.
Oil & Gas > Drilling & Production > News
US top court rejects Chevron's $9.5bn Ecuador oil pollution case review
By EBR Staff Writer
Chevron has received a favorable ruling in the US Supreme Court which prevents the company from paying a compensation of $9.5bn for being responsible for an oil pollution incident in Ecuador.
Oil & Gas > Drilling & Production > News
Norway's PSA grants permission to extend lifetime of Gullfaks B facility in North Sea
By EBR Staff Writer
The Petroleum Safety Authority (PSA) of Norway has granted permission to extend lifetime of the Gullfaks B facility and its associated pipelines.
Oil & Gas > Drilling & Production > News
Occidental Petroleum to divest non-strategic Permian Basin assets
By EBR Staff Writer
Texas-based Occidental Petroleum will raise around $600m by divesting some of its non-strategic assets in the Permian Basin.
Oil & Gas > Drilling & Production > News
EQT to acquire natural gas producer Rice Energy for $6.7bn
US-based natural gas producer EQT has entered into an agreement to acquire Rice Energy for about $6.7bn.
Oil & Gas > Drilling & Production > News
Ecopetrol wins two blocks for hydrocarbon exploration and production in Mexican Shallow Waters
Ecopetrol reports that in a public ceremony held today in Mexico City, Mexico's National Hydrocarbons Commission finalized the bidding process CNH-R02-L01/2016, awarding shared production contracts for hydrocarbon exploration and extraction in 15 Mexican shallow-water areas.
Oil & Gas > Drilling & Production > News

EBR Supplier Recommendations

Dacorom International - Heavy Lift Transportation
Dacorom International provide full worldwide forwarding and logistics activities, door-to-door operations, using multimodal transports (road, sea, river, air and rail), as well as related services such as warehousing, handling, distribution, all port operations and customs clearance, etc.... Oil & Gas > Drilling & Production > Suppliers
Protean - The Path to Digitalisation
Protean helps improve productivity and reduces costs in complex projects through digitalisation. Protean services can also help pave the way for implementation of modern technologies such as Internet of Things (IoT), Augmented Reality or Cognitive Computing - all built on a base of digital data.... Oil & Gas > Drilling & Production > Suppliers
Eisenbau-Krämer - Arc Welded Steel Pipes
Eisenbau-Krämer GmbH (EBK), a world leader in the manufacture and supply of large diameter sub-merged arc welded steel pipes and based in Germany, provides oil and gas and engineering companies with high quality, high integrity pipes, worldwide.... Oil & Gas > Drilling & Production > Suppliers
AHC - Surface Treatment Specialists
AHC Oberflächentechnik comprises 18 sites in Europe and 1 site in China with headquarters in Kerpen, near Cologne, Germany. AHC Group is focused on providing functional coatings for technical surfaces for the automotive and mechanical engineering markets. In-house developed processes and patents from AHC also deliver custom made protective coatings for electrical and electronic components. ... Oil & Gas > Drilling & Production > Suppliers
Bender - Intelligent Monitoring of Critical Power Systems
Bender UK is the leading specialist supplier of innovative solutions for offshore monitoring and fault location to protect plant and electrical power systems. Bender intelligent monitoring of critical power systems boosts productivity for oil and gas sector.... Oil & Gas > Drilling & Production > Suppliers
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EBR White Paper Recommendations

The EPIC™ Double Ferrule Valve By Check-All Valve
The EPIC™ Double Ferrule valve is a poppet style check valve with compression tube connections.... Oil & Gas > Drilling & Production > White Papers AHC Explores IVD Aluminium Vacuum Coating : creating high-purity aluminium layers on steel an non-ferrous metals By AHC Oberflächentechnik
The AHC Group is focused on providing functional coatings for technical surfaces for the automotive and mechanical engineering markets. In-house developed processes and patents from AHC also deliver custom made protective coatings for electrical and electronic components. ... Oil & Gas > Drilling & Production > White Papers SELGA-COAT® CHROME: Selective Galvanic Plating of Functional Hard Chrome Layers By AHC Oberflächentechnik
In nearly all areas of the automotive industry and mechanical engineering, technical hard chrome layers are applied to impart components with a property profile for their intended use: hardness, corrosion resistance, wear resistance, tribological properties, as well as thermal and chemical resistance. The very good tribological behaviour of functional hard chrome layers is indicated by its relatively high original hardness, strong adhesive, constantly renewing oxide layer and anti-adhesive properties. In addition, the metal features a hexagonal lattice micro-structure when plated. Therefore, the wear-intensive frictional surfaces are absent in the micro-structure. ... Oil & Gas > Drilling & Production > White Papers Anodic and Hard-Anodic Aluminium and Magnesium Coatings By AHC Oberflächentechnik
For some time now, the trend in the selection of construction materials has moved towards light metals, including aluminium and magnesium alloys. The reasons are obvious: weight reduction above all means energy savings with fewer heavy masses that have to be moved. The more light metal alloys employed in new areas of application, the higher the requirements for wear and corrosion protection. And here is where one of Europe’s leading surface treatment job shop AHC Oberflächentechnik comes into play. ... Oil & Gas > Drilling & Production > White Papers AHC Oil & Gas Coatings By AHC Oberflächentechnik
With today's oil & gas exploration pushing deeper, drilling tools have to contend with increasingly demanding conditions. Wear, corrosion and extreme temperatures create one of the most demanding environments known to design engineers. Making matters worse, remote and offshore locations add a logistic challenge that requires your equipment to outperform and keep on drilling. Engineered surface treatments can do an incredible job protecting equipment in harsh environments, giving you that edge required to operate faster, longer and safer. ... Oil & Gas > Drilling & Production > White Papers See more
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