Penspen signs agreement of intent with Universidad Juárez Autónoma de Tabasco
Taking place in the rectory of the university in Villahermosa, Mexico, both the university authorities and representatives from Penspen witnessed the signing.
The latest upstream news
Stork awarded UK offshore asset integrity contract extension by Chrysaor
The two-year contract extension is for the delivery of integrated specialist asset integrity services for Chrysaor’s Armada, Everest and Lomond offshore production platforms located in the Central North Sea.
GlobalData: Foreign firms look to play crucial role in Venezuelan oil and gas sector
The majority of foreign companies are not making any profit or losing money in their partnerships with PDVSA to develop and produce hydrocarbons.
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Archer announces multi-year contract extension with major client in the UK
The award is the sixteenth contract extension and competitive re-tender award to Archer in the last four years for platform drilling operations and maintenance services in the UK, Norway, Greece and Brazil.
Amarinth secures US$410 000 order of API 610 pumps for the Rumaila oil field, Iraq
This first order for Amarinth from Iraq Gates Contracting Company (IGCC) of US$410 000 is for ten API 610 OH1 condensate transfer pumps with Plan 11 and Plan 52 double seals and seal support systems.
BP starts up Thunder Horse Northwest Expansion
The project is the fourth major start-up for BP in 2018.
Sentinel Marine makes further fleet investment with new platform supply vessel
The company is adding to its state-of-the-art fleet with the purchase and major refit of a multi-role ship.
Equinor further focuses NCS portfolio
The company has signed an agreement with PGNiG to sell its non-operated interests in the Tommeliten discovery on the Norwegian Continental Shelf (NCS) for a total of US$220 million.
Shell agrees to sell upstream interests in Denmark to Noreco for US$1.9 billion
As part of the agreement, Noreco will assume all of Shell’s existing commitments and obligations, including the Tyra redevelopment and the decommissioning costs associated with the assets.
Talos Energy announces transaction with Pan American Energy to cross-assign interests offshore Mexico
The company has announced that it has entered into a transaction with Hokchi Energy, a subsidiary of Pan American Energy LLC, to cross assign the Company's Participating Interest in Block 2 and Hokchi's PI in Block 31, both in the Sureste Basin offshore Mexico.
James Fisher’s Middle East operations continue to grow with multiple offshore and subsea work scopes
As demand increases James Fisher is continuing to invest in mobilising offshore equipment to the region, strengthening the company’s resources and offering faster deployment to projects.
Eni acquires new exploration rights in Mozambique
The company has signed the contract for the exclusive exploration and development rights of the offshore block A5-A.
Crondall Energy secures contract to support Siccar Point Energy’s Cambo field development
Support will initially cover the identification and evaluation of FPSO options for the development and pre-FEED technical assurance of the subsea design.
Wintershall Norge AS granted drilling permit for well 6706/6-2 S in production licence 847
The well will be drilled from the Transocean Spitsbergen drilling facility in position 67°37'20.60"N and 6°45'57.57"E.
DeepOcean awarded contract for post-lay trenching unbilical offshore Australia
The post-lay trenching works are planned to commence late 2018 with the T1 trencher.
Byron Energy: sand recompletion update
Recompletion operations on the company’s South Marsh Island 71 F2 well have finished.
Arthur D. Little: collaboration is central to unlocking potential of US Permian basin
Production in the area, which spans Texas and New Mexico, could reach 5.4 million boe per day by 2023, putting it ahead of every OPEC country except Saudi Arabia.
Trinity Exploration & Production plc: Q3 2018 operational update
During the period the company maintained production levels in addition to recommencing onshore drilling and increasing offshore activity, resulting in a strong start to Q4.
Claxton awarded multimillion-dollar Canadian contract to supply high-pressure riser and conductor cutting services
The contract is to provide high-pressure riser and abrasive jet cutting services to the Deep Panuke decommissioning project offshore Canada.
LUKOIL begins construction at Rakushechnoye field
This is the company's third large project in the Caspian Sea alongside with two other fields, Yury Korchagin and Vladimir Filanovsky.
ESAI: Asia’s fuel subsidies not enough to support oil demand growth
Fuel price increases will outpace Asian governments’ ability to offset them with subsidies, according to ESAI Energy’s recently published 'Asia Watch'.
SUEZ opens R&D analytical testing lab
The facility, which will support SUEZ’s global research efforts, is located in Tomball, Texas.
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