Drilling & production

The contract will see Ramco supply its latest generation pipe care unit, PCU4.

Drilling has begun at Neptune Energy's operated Adorf Z16 gas development well in the municipality of Hoogstede, north western Germany.

The agreement, which officially commenced on 1 April, appoints Welltec as the sole provider of downhole conveyance and powered mechanical services to Petronas in both East and West regions of Malaysia.

The extension, awarded eight months ahead of the renewal date, takes Petrofac’s contract for operations, maintenance, engineering and construction support for NEO Energy’s UK activities, through to December 2022.

Penspen has been chosen to provide the procurement and construction of flowlines and wellhead installations for 51 wells in ADNOC Onshore’s oilfields at Shah, Qusahwira and Mender in Abu Dhabi, UAE.

The Lake Albert development encompasses the Tilenga and Kingfisher upstream oil projects in Uganda and the construction of the East African Crude Oil Pipeline (EACOP) in Uganda and Tanzania.

A series of tests were successfully performed on a Weatherford test rig in Houston, US, to demonstrate and verify the integration and functionality of the managed pressure drilling and automated well control technology.

The sale consists of approximately 78 700 net acres located in the Little Knife and Murphy Creek acreage interests in the Bakken in North Dakota, US.

Enverus' summary of 1Q21 US upstream M&A activity shows US$3.4 billion in deal value was transacted during the quarter – an 88% decline from 4Q20.

Production start-up at the Mero 1 field has been delayed from 4Q21 to 1Q22.

The partnership will provide E&P companies with solutions that optimise rod lift and plunger lift wells.

Storm Uri is expected to have an aggregate adverse impact of up to US$200 million on the company's adjusted earnings in 1Q21.

CNOOC Well Control Centre has developed new classrooms and installed several MultiSIMs, DrillSIM:5s and DrillSIM:Educators at its training centre in Tianjin, delivered by 3t-China and simulator developer, Drilling Systems.

Full environmental approval paves the way for the grant of a full production licence from Italy's Economic Development Ministry.

Bernard Looney, CEO, said the reaching of the target was the result of "earlier than anticipated delivery of disposal proceeds combined with very strong business performance during the first quarter."