Plan for second phase of Johan Sverdrup approved
Construction work has now started on the field’s second processing platform.
The latest upstream news
Spur Energy Partners form partnership with KKR to acquire assets across US
The partnership aims to acquire large, high-margin oil and gas production and development assets across the Lower 48 states of the US.
LUKOIL begins commercial operations in D41 offshore field
Construction of the company’s second well in the D41 offshore field in the Baltic Sea was completed earlier this month.
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i-Tech 7 appoints new business development manager for Asia Pacific & Middle East
Craig Roberts will be based in the company’s Perth office, in Australia.
Decommissioning companies combine to create new company with focus on UKCS
Fairfield Decom’s clients will have direct access to the expertise and assets of Decom Energy, Heerema Marine Contractors and AF Offshore Decom.
Westwood Global Energy: accelerating rig activity signals game-change as rig rates are on the up
Data shows that marketed utilisation for some rig types in some regions are nearing 85-90%.
Wood Mackenzie has released its eleventh annual exploration survey
The results of Wood Mackenzie’s eleventh annual exploration survey have been released.
New digitised inspection process for oil and gas industry launched
The inspection technology digitises inspection workflows by leveraging automation, overhauling the current paper-based and outdated manual process.
Edvard Greig safety barrier status management implementation goes live
Eigen has rolled out a new safety barrier management solution for the Lundin operated Edvard Greig platform.
Empyrean Energy confirms presence of gas clouds over Jade and Topaz prospects offshore China
The presence of gas clouds has been used as an effective exploration tool in prolific basins worldwide, contributing to the discovery of significant amounts of oil.
Shelf Drilling reports 1Q19 results
The company recorded revenue of US$147.2 million and Adjusted EBITDA of US$49.4 million in 1Q19.
Talon Petroleum acquires EnCounter Oil
Talon now holds 100% interests in EnCounter’s exploration licences in the UK North Sea.
Schlumberger selects Google Cloud to develop cloud-native E&P applications
“Our strategic collaboration with Google Cloud enables Schlumberger and our customers to take advantage of the latest digital technologies to unlock the value in all data for making critical business decisions,” said Hinda Gharbi, Executive Vice President, Schlumberger Reservoir & Infrastructure.
Petrobras awards McDermott Sepia field project contract
The contract entails engineering, procurement, construction and installation of subsea risers and flowlines for the first phase of the Sepia field, offshore Rio de Janerio.
DeepStar selects Upwing Energy-Mitsubishi Heavy Industries partnership for study of electric submersible pump topology
The study, targeting deepwater offshore and subsea well applications, is sponsored and funded by the Nippon Foundation - DeepStar Joint Ocean Innovation programme and supported by Chevron, Shell, Petrobras and Equinor.
Eni makes oil discovery offshore Angola
The new discovery, in Block 15/06, is estimated to contain up to 250 million bbls of light oil in place.
Unity launches shallow intervention system
In its first deployment, the Surface Intervention System (SIS) was mobilised off the coast of Tunisia to set two frac sleeves on two wells.
NPD gives go-ahead for start-up of Trestakk field
Equinor, the operator of the field located in the Norwegian Sea, estimates recoverable volume to be 67 million bbls of oil and 1.4 billion m3 of gas.
Equinor increases share in Caesar Tonga field
The company’s share will increase from 23.55% to 46%.
Siccar Point Energy announces Blackrock exploration well results
The Blackrock exploration well is located in the West of Shetland.
Aqualis Offshore and Braemar Technical Services to join forces
Aqualis ASA has entered into an agreement to acquire the Offshore, Adjusting and Marine business lines from Braemar Shipping Services Plc.
Royal Dutch Shell forecast to spend US$1.5 billion in UK decommissioning through to 2025, says GlobalData
The company’s latest research reveals the top five companies with the greatest ABEX exposure from producing fields in the UK.
Upcoming oil events
AAPG 2019 Annual Convention & Exhibition (ACE)
19 May 2019 - 22 May 2019
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21 May 2019 - 23 May 2019
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