Image - Tax Cuts Likely for North Sea Oil While UK Shale Sector Remains at Risk

Tax Cuts Likely for North Sea Oil While UK Shale Sector Remains at Risk

While the UK government is likely to implement changes to the fiscal regime governing North Sea oil that will reduce the tax burden, the outlook for the country's shale sector is less favorable to the industry, according to the new report on ASDReports. The company's latest report, now available on ASDReports, states that UK chancellor George Osborne has indicated that he will introduce new tax breaks for the oil industry in the March 2015 bud...

Oil and Gas - Mar 25, 2015


Image - SIGMA3 Selected for Multi-Year Field Development & Operations Services

SIGMA3 Selected for Multi-Year Field Development & Operations Services

Sigma Cubed was selected by Paltar Petroleum Limited to deliver multi-year, onsite project management, engineering and operations services covering 8.9 million acres of oil and gas prospects in the Northern Territory and Western Australia. SIGMA3 GeoEngineering(tm) specialists will complement the industry-recognized expertise of Paltar Chairman & CEO, Marc Bruner, and Chief Geologist, Dr. Ben Law, to determine optimal placement of horizontal well...

Oil and Gas - Mar 26, 2015


Image - Helix Announces Shell Contract for Q4000

Helix Announces Shell Contract for Q4000

Helix Energy Solutions Group, announced today that it has entered into a new multi-year contract with Shell to provide well intervention services in the U.S. Gulf of Mexico utilizing Helix's Q4000. The Q4000 is a deepwater well intervention semisubmersible which has been performing work for Shell since 2011 under a Master Service Agreement. The contract is for a three-year duration, commencing 2015 through the end of 2017. "Shell has remained ...

Oil and Gas - Mar 26, 2015




zpsk