Post Archive by Day: September 17, 2018

Petrofac secures US$20m of well engineering contracts

17 September, 2018 Global oil and gas services company Petrofac has landed a series of well engineering contracts worth a combined value of approximately US$20m (£15m). It secured an exclusive five-year well operator services contract from independent exploration and production company, Tailwind Energy, following Tailwind’s recent purchase of the Triton Cluster. Under the terms of this arrangement, EIC member company

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CGG Conducts Innovative Rich-Azimuth Multi-Client Survey NW of Shetland

Paris, France – September 17, 2018 CGG has commenced acquisition of a high-density, rich-azimuth, towed-streamer multi-client survey in the UK West Shetland Basin. The 3,600 sq km survey has received strong industry support and been designed in collaboration with major international oil companies. It focuses on delivering high-resolution seismic data in a prospective but underexplored area north-west of the Shetland

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API: Additional Section 301 Tariffs Hurt American Economy, Consumers

WASHINGTON, September 17, 2018 – API released the following statement regarding the additional round of tariffs announced today by the White House, underscoring the negative impacts that a continued escalation of the trade dispute with China will have on American economy and consumers: “We understand the need to address discriminatory trade practices, but this policy will essentially impose a new

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