Schlumberger releases 1Q19 results
The oilfield services provider recorded revenue of US$7.9 billion in 1Q19, a decrease of 4% sequentially but a 1% increase y/y.
The latest upstream news
Arnlea Systems extends contract with px group
The contract between the two companies, which began in March 2016, has been extended for a further five years.
Eni signs agreement for Block A Offshore Ras Al Khaimah Emirate
The company has signed an exploration and production sharing agreement covering Block A Offshore Ras Al Khaimah, as well as the relevant Joint Operating Agreement.
Advertisement
Ocean Infinity appoints Chief Commercial Officer
Paul Helmore will oversee all aspects of the group’s commercial activities, ensuring that it fully realises the commercial potential of its three vessel fleet.
Keppel secures contracts worth around S$160 million
The company’s wholly-owned subsidiaries, Keppel Shipyard Ltd and Keppel FELS Limited, secured two new integration and upgrading contracts.
First Integrated Solutions secures significant contract award
The company has been awarded a contract for the provision of rental equipment services and associated consumable purchases with Spirit Energy.
Restrata unveils new digital platform
The new release is an enterprise software platform providing real-time monitoring and control of people, environments, assets and reputation.
COOEC-Fluor completes module fabrication for Dongfang gas fields development project
The joint venture COOEC-Fluor Heavy Industries Co., Ltd. (COOEC-Fluor) fabrication yard has completed the central and wellhead platforms for CNOOC’s Dongfang 13-2 gas fields development project.
Halliburton awarded Shell offshore exploration contract
The contract is for the post-salt development and pre-salt exploration in Brazil’s Campos and Santos Basins.
How a changing breed of investor in the UKCS has led to a re-modelling of legal services
Stuart Carter, head of oil and gas at Fieldfisher, looks at how law firms are responding to the market's changing needs.
GlobalData: Petrobras continues to lead global deployment of planned and announced FPSOs
The company is expected to deploy 17 planned and announced floating production, storage and offloading vessels globally during the outlook period 2019–2025, according to GlobalData.
MMA Offshore awarded Woodside walk-to-work vessel contract
The company will provide accommodation and walk-to-work vessel services to support platform maintenance operations on Woodside’s Australian assets.
Equinor wins seven exploration blocks offshore Argentina
The company presented winning bids in the 1st Offshore Licensing Round in Argentina.
Costain appoints project director for Aberdeen upstream team
The company has appointed Steve Carter as a project director to join its 70-strong upstream team in Aberdeen.
Vallourec wins major contract for pre-salt field Mero 1 in Brazil
The company has been awarded a contract by TechnipFMC in Brazil to supply around 12 000 t of seamless steel rigid line pipe.
Keppel receives final approval for the conversion of Gimi FLNG project
The company’s scope of work includes the design, detailed engineering and procurement of the marine systems as well as conversion-related construction services.
ExxonMobil wins three blocks in Argentina offshore bid round
The blocks are located in the Malvinas basin, approximately 200 miles (320 km) offshore Tierra del Fuego.
Turan Drilling and Engineering wins US$500 million BP contract in Azerbaijan
The contract is for the operations and maintenance of seven platform drilling rigs operated by BP in the Caspian Sea.
Finnish-Russian company tests AI solution to boost oil well production
ZYFRA Group has successfully tested an Electrical Submersible Pump (ESP) software unit, designed to enhance the efficiency of oil extraction.
Union Jack Oil sells interest to Gatwick Gusher’s UKOG
The payment will be taken in shares and will give Union Jack more exposure to UKOG’s Weald Basin assets.
Talos Energy provides update on Zama appraisal programme
The programme is in Block 7, located in the offshore portion of Mexico's prolific Sureste Basin.
SA Equip launches portable ATEX & IECEx certified air mover for hazardous environments.
The new SA CYCLONE EX Air Mover has been developed to increase the safety and reliability of ventilation used in explosive atmospheres.
Upcoming oil events
34th International Scientific & Expert Meeting of Gas Professionals
08 May 2019 - 10 May 2019
Congress Center of Grand Hotel Adriatic
Ul. Marsala Tita 200,
Opatija,
51410,
Croatia
AAPG 2019 Annual Convention & Exhibition (ACE)
19 May 2019 - 22 May 2019
Henry B. Gonzalez Convention Center
900 E Market St,
San Antonio,
Texas,
78205,
United Kingdom