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Oil & Gas News

Aker Solutions, Det norske and Subsea 7 Form Development Alliance in Norway

Aker Solutions, Det norske oljeselskap and Subsea 7 have agreed on a “one for all, all for one” collaboration model that marks a major shift in how an operator and its suppliers can work together on oil and gas developments offshore Norway.

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UKCS Operators Urged to Ditch Traditional Subsea Projects and Speed up Economic Recovery with Minimum Facility Platforms

Oil and gas operators could unlock the potential of around 210 marginal pools containing more than one billion boe in the North Sea by ditching traditional subsea projects in favour of unmanned minimum facility platforms, according to Aberdeen-based engineering consultancy Ramboll Oil and Gas UK.

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Subsea UK and NSRI Launch Springboard
for Innovation

Subsea UK is encouraging the oil and gas industry to explore and adopt existing tools and technologies which have the potential to reduce operational costs and boost efficiencies.

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Iraq Open to Global Output Freeze

Iraq’s crude oil production and exports are expected to grow at a steady pace in 2017 from current levels, a senior Iraqi oil official said, adding the OPEC member supports a global freeze initiative if it will help stabilise the market.

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