TechnipFMC subsidiary awarded Limbayong project contract
The contract covers the development of 10 deepwater wells and their tieback to the Limbayong FPSO unit in Malaysia.
The latest upstream news
Gardner Denver announces GD 2500Q HDF to extend pump service life
The new GD 2500Q Heavy Duty Frame (HDF) quintuplex pump is designed to extend pump service life through an optimised power end frame design.
ExxonMobil sells North Sea UK assets to NEO Energy
The sale to HitecVision, through its wholly owned portfolio company NEO Energy, covers most of ExxonMobil’s non-operated upstream assets in the United Kingdom central and northern North Sea.
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Subsea 7 and OneSubsea to work on Morocco gas development project
Chariot Oil & Gas Ltd has signed an agreement with Subsea 7 and OneSubsea to work together to enable the front-end design, engineering, procurement, construction, installation and operation of the Anchois gas development project.
Shearwater to carry out OBS 4D survey for Aker BP
The survey will take place at the Ivar Aasen field in the Norwegian North Sea.
Worley awarded FEED contract for direct air capture project in Permian Basin
Worley will provide FEED services to 1PointFive Inc. for a direct air capture unit to be constructed in the US Permian Basin.
Upcoming oil events
Middle East Oil & Gas Show and Conference
24 May 2021 - 27 May 2021
Bahrain International Exhibition & Convention Centre
158 Avenue 28,
Sanabis,
Bahrain
Gastech Exhibition & Conference 2021
13 Sep 2021 - 16 Sep 2021
Singapore EXPO
1 Expo Drive,
#02-01,
48615,
Singapore
Global Energy Show 2021
21 Sep 2021 - 23 Sep 2021
BMO Centre
20 Roundup Way SE,
Calgary,
Alberta,
T2G 2W1,
Canada
Production begins at Gjøa P1 development
Gjøa P1 is a two well development in the Norwegian sector of the North Sea with one oil and one gas producer.
An innovative approach to freeing stuck pipe
John Fraser, Coretrax, explores a new hydraulic pipe recovery system that operators can use to recover from a stuck pipe event.
STRYDE: seismic projects currently operating on unacceptable timeframes
The company has said that the current timeframe of seismic projects is costing businesses money and posing health and safety risks for crews on the ground.
Express Engineering recognised in Sunday Times HSBC International Track 200
Express Engineering has been recognised for doubling its exports to £21 million over the latest two years of available accounts.
GlobalData: US to dominate oil and gas project starts in North America by 2025
The US will account for 70% of the total projects expected to start operations by 2025, according to GlobalData.
Rystad Energy analysts comment on oil prices and US crude output
Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, and its Head of Shale Research, Artem Abramov, have commented on today's oil prices and on US oil production respectively.
Neptune Energy acquires interests in German oil and gas fields from Wintershall Dea
The agreement will increase Neptune’s existing interests in the Adorf, Apeldorn and Ringe gas fields and in the Adorf-Scheerhorn, Georgsdorf and Ringe oilfields.
IHS Markit: Storm Uri may have cut US crude production by up to 4 million bpd
While precise crude oil production figures are not available, 20% of lower 48 US natural gas production has been shut-in in the first half of February. An equivalent 20% cut in lower 48 US crude oil production would imply a production drop of around 2 – 2.2 million bpd of output, but this could prove to be even higher – perhaps as high as 4 million bpd.