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Drilling & production

READ Cased Hole opens new facilities in Houston and Anchorage

In Houston, READ now operates from a 9000 ft2 facility in a highly accessible area of the city, comprising offices, a technical workshop, a laboratory and warehouse storage, while the company has relocated to a new and improved customer support office in Anchorage.

Petrofac and Maersk Drilling sign well management contract

Petrofac has been appointed by Maersk to deliver well management services, including project and supply chain management support for shallow water and deepwater wells throughout the duration of the programme.


Total to invest in Waha concessions in Libya

Total will finance contributions of US$70 million at the outset, US$30 million when the North Gialo field will come onstream and US$30 million when the NC 98 field will come onstream.

Chevron announces capital and exploratory budget for 2020

In the upstream business, approximately US$11 billion is forecasted to sustain and grow currently producing assets, including about US$4 billion for Permian unconventional development and about US$1 billion for other international unconventional development.

More Drilling & production news

Exceed posts record results

The well management and performance improvement company posted its annual results (year end to 28 February 2019), reporting that pre-tax profit has increased from £365 000 to £2.3 million.