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BEAUMONT, Texas — Dragon Products is expanding its frac equipment rebuilding efforts to help oil production companies meet new market demand. Refurbishing used equipment can help production companies meet demand and put their oilfield equipment back to work. Dragon Products has the in-house technology and expertise to test, service, repair and rebuild virtually every unit in any frac fleet. Home ...

ST. PETERSBURG, Russia — Gazprom Neft subsidiary Gazpromneft-Yamal has announced plans to begin pilot operations at the Severo-Samburgskoye field, located in the Purovsky district in the Yamalo-Nenets Autonomous Okrug, in 2017. Geological modelling of the field indicates oil reserves in the order of 72 million tonnes. The Severo-Sambrugsky Block is 100 km north of Novy Urengoy. The licence for hydrocarbon ...

CALGARY, Alberta (Bloomberg) — MEG Energy Corp. is boosting production at its Christina Lake project in Alberta and tapped debt and equity markets for financing, further signs of a rebound in Canada’s oil patch as crude prices stabilize. The expansion at Christina Lake Phase 2B will increase output from the site by about 25% to 100,000 bpd by 2019, the ...

MONTREAL — SNC-Lavalin Fayez Engineering (SLFE), an engineering consultancy partnership between SNC-Lavalin and Dr. Zuhair Fayez, has been awarded a five-year extension to its existing General Engineering Services Plus (GES+) contract with Saudi Aramco, with three one-year options to extend. Under the contract, SNC-Lavalin will be invited to bid on front-end engineering, detailed engineering and project management services to support ...

TEHRAN, Jan. 12 (Shana) — Iranian Minister of Petroleum Bijan Zangeneh thanked Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Mohammad Sanusi Barkindo for kindly extending his condolences on the demise of former Iranian President Akbar Hashemi Rafsanjani. Zangeneh said he had related Mr. Barkindo’s condolences to late Mr. Rafsanjani’s bereaved family. The Iranian official also thanked members ...

TEHRAN, Jan. 11 (Shana) — The operator of phases 20 and 21 of the supergiant South Pars Gas Field says phase 21’s platform is currently recovering 27 million cubic meters of natural gas per day, saying the platform is faced with no restrictions in supplying gas to onshore refining facilities. Alireza Ebadi said one third of the gas recovered from ...