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Oil & Gas

Use of fossil fuels — including oil and natural gas — is one of the defining characteristics of our time. Over the last two decades, the emergence of national oil companies and dwindling oil resources have moved the major independent oil and gas companies to tap into more and more unconventional resources, including deepwater subsea, shale plays, tar sands and subsalt. Given its complexity, oil field development is coordinated amongst multiple independent and highly specialized contractors, including industry equipment suppliers; engineering, procurement and construction (EPC) concerns; and service

ARTICLES

Ineos moves into UK shale exploration

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Chemicals company Ineos has acquired a majority stake in an onshore exploration and development license in Scotland that includes its Grangemouth refining and petrochemical complex and the area around it.
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Canadian team to study impact of shale gas development on water quality

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Scientists at the Canadian Rivers Institute (CRI) will examine surface water conditions in areas of New Brunswick with the highest potential for shale gas exploration.
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Two Bakken shale salt water disposal facilities acquired by Canada's Aqua Terra

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Aqua Terra Water Management, L.P., a Canadian company that operates salt water disposal facilities, said on Thursday that it has expanded its business into the United States.
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Sempra Energy and partners to invest in liquefaction-export project

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Energy services holding company Sempra Energy said last week that the partners in the Cameron Liquefaction Project have approved a final investment decision.
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Petronas hands refinery construction contract to Sinopec Engineering

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Malaysian state-owned oil and gas company Petronas has awarded an oil refinery construction contract to China's Sinopec Engineering (Group) Co. Ltd., media reports said last week.
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Natural gas production in Marcellus Region reaches record high

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Natural gas production in the Marcellus Region exceeded 15 billion cubic feet per day (Bcf/d) in July, the U.S. Energy Information Administration (EIA) reported.
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Shale gas processing equipment market poised for growth

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With the U.S. leading the world in shale reserves exploration, and other countries starting to explore and develop their own reserves, strong growth is expected in the shale gas processing equipment market over the next five years.
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Bids invited for UK onshore oil and gas licenses

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A new bidding process for onshore oil and gas exploration licenses was opened by the UK government last week.
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Rosneft, PDVSA sign collaboration agreements

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The two firms have agreed to establish a joint venture that will provide engineering and construction services in the oil and gas industry.
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Future growth in oilfield process chemicals market led by enhanced oil recovery

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Drilling-related chemicals account for more than a third, 36 percent, of the overall market. This category includes drilling fluids, workover/completion fluids and cementing additives.
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