Decom North Sea secures Decommissioning Challenge Fund grant award
The £5 million fund aims to provide opportunities for the supply chain in Scotland.
The latest upstream news
Survivex launches interest-free finance to help people fund offshore training
The company, which is now part of the 3T Energy Group, has introduced 0% finance packages to help people finance training for potential jobs in the global energy sector.
Deloitte: trust, technology and transformation key to re-energising oil and gas collaboration
The company has published an annual survey, which includes the Collaboration Index, measuring the effectiveness of companies as partners in collaboration.
Shell to further invest in North Sea gas hub at Shearwater
The company, together with partners Esso Exploration and Production UK Limited and Arco British Limited, LLC, has announced the final investment decision for a Shearwater gas infrastructure hub in the central North Sea.
Wellesley Petroleum: drilling permit for well 35/4-2
The Norwegian Petroleum Directorate has granted Wellesley Petroleum AS a drilling permit for well 35/4-2, cf. Section 15 of the Resource Management Regulations.
Coretrax secures investment to fast-track international growth
Coretrax, the independent wellbore clean-up and abandonment specialist, has received a substantial investment from private equity firm Buckthorn Partners to accelerate its ambitious international growth plans.
Frontera Resources Corporation: financing update
Frontera Resources Corporation has announced that on 11 December 2018 it signed a term sheet with a New York, U.S.A.-based fund seeking to secure a loan of up to US$60 000 000.
IMCA publishes its latest DP station keeping bulletin
The International Marine Contractors Association’s (IMCA) has published its latest Dynamic Positioning (DP) StationKeeping Bulletin. Published quarterly, the Bulletin is a reliable channel for providing feedback on DP events to the industry.
SA Equip, and Scan Tech AS establish partnership agreement for Norwegian Sector
SA Equip has appointed Scan Tech AS, specialists in the provision and maintenance of hazardous area equipment as their exclusive distributor for Norway.
Total strengthens its exploration position In Mauritania
Total and the Ministry of Petroleum, Energy and Mines of Mauritania have signed an agreement awarding Total two new exploration and production contracts for Blocks C15 and C31 deep offshore Mauritania.
French Guyana: Total commits to carry out its exploration campaign with transparency
The company has invited NGOs, who wish to do so, to visit its installations to understand the precautionary measures taken on its drilling rig.
Shearwater GeoServices awarded projects equivalent to 8 vessel months in the Arabian Sea
Eni Oman BV in partnership with Oman Oil Company Exploration and Production has awarded Shearwater GeoServices a seismic survey in Block 52, offshore Oman.
Equinor: drilling permit for well 36/1-3
The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 36/1-3, cf. Section 15 of the Resource Management Regulations.
Eni announces the start-up of Vandumbu field in Block 15/06, offshore Angola
The ramp-up of Vandumbu will lead to a total production of about 170 000 bpd.
Point Resources and Eni Norge merge to create Vår Energi
Vår Energi is the largest independent exploration and production company on the Norwegian continental shelf, with a net production rate of more than 170 000 boe/d in 2018.
Sulzer Wood wins contract extension with BP
The contract will create two new roles (a customer support engineer and a technical advisor) and will also increase the service engineer team by 10%.
UTEC awarded multivessel survey work offshore India
UTEC, a global surveying company in subsea services group Acteon, has been awarded a subcontract by McDermott International for a series of survey work scopes offshore eastern India.
LUX Assure and The University of Strathclyde secure OGIC technology grant
The grant from the Oil & Gas Innovation Centre (OGIC) will be used to further develop LUX’s CoMic™ technology to provide the industry’s first corrosion inhibitor micelle detection tool with automated data analysis capability.
DeltaTek appoints new Operations Supervisor
Well construction specialist, DeltaTek Global, has announced the key appointment of Chris Johnstone as Operations Supervisor.
Block Energy Plc: advanced completion/work-over technology secured for multi-well programme in Georgia
The company has signed a service agreement for the provision of an advanced downhole perforation technology with a proven record of significantly enhancing recovery rates.
Amerisur Resources: oil discovery at Indico-1
The company has announced that drilling at Indico-1 well on the CPO-5 block has reached target depth of 10 604 ft measured depth and has encountered the targeted Lower Sands of the Une formation.
Premier Oil: completion of the Babbage Area sale & operations update
The company has announced that following receipt of necessary approvals, the sale of its interests in the Babbage Area to Verus Petroleum SNS Ltd has now completed.
Upcoming oil events
Subsea Expo 2019
05 Feb 2019 - 07 Feb 2019
Aberdeen Exhibition & Conference Centre
Ellon Road,
Bridge of Don,
Aberdeen,
AB23 8BL,
United Kingdom
Operational Excellence in Energy, Chemicals & Resources Summit
25 Feb 2019 - 27 Feb 2019
Norris Conference Center – City Centre Location
816 Town and Country Blvd ,
Houston,
Texas,
77024,
United States
IP Week
26 Feb 2019 - 28 Feb 2019
Intercontinental Park Lane
One Hamilton Place,
Park Ln, Mayfair,
London,
W1J 7QY,
United Kingdom