The £5 million fund aims to provide opportunities for the supply chain in Scotland.
The latest upstream news
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.
The company has published an annual survey, which includes the Collaboration Index, measuring the effectiveness of companies as partners in collaboration.
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.
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.
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, 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.
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.
Well construction specialist, DeltaTek Global, has announced the key appointment of Chris Johnstone as Operations Supervisor.
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.
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.