Drilling & production

The combination brings together two companies with decades of experience in well construction, well flow management, subsea well access, well intervention and production services.

Under the terms of the agreement, ADNOC and Petronas will jointly explore opportunities for collaboration in the exploration, development, and production of conventional and unconventional hydrocarbon resources in the Emirate of Abu Dhabi.

Based in Houston, Texas, US, Neil McBride will be responsible for expanding FourPhase's global client base from the company's offices on Westheimer Road.

The two full length strings of DualLink, a next generation wired drill pipe, are due to be manufactured in Norway, starting in 2021 for use on Nabors rigs in US land applications.

The seven-figure deal will see Sparrows’ Houston team deliver crane inspection, maintenance, testing and repair services at two onshore facilities and a platform in the Gulf of Mexico.

The Centre of Decommissioning Australia has been established by Perth-based National Energy Resources Australia (NERA) to address the challenges and maximise the opportunities of decommissioning Australia’s ageing oil and gas infrastructure.

The interests to be sold are Cairn's entire 20% interest in the Catcher field and 29.5% interest in the Kraken field.

The package of assets consists of Shell Egypt’s interest in 13 onshore concessions in Egypt's Western Desert and the company’s share in Badr El-Din Petroleum Co. (BAPETCO).

Asystom SAS has developed a solution for predictive maintenance for drilling facilities that uses machine learning with multi-sensors.

Petrogas E&P Netherlands B.V. will employ the harsh-environment jack-up rig Maersk Resolute to perform well maintenance and drill a side-track of the A9 well at the P9 Horizon field in the Dutch North Sea.

The extension, in which SDX has a 50% working interest, includes a commitment, irrespective of Brent price, to drill six development wells by 31 December 2022 and one water injection well.

The company will be owned 50-50 by Baker Hughes and Akastor and will be managed from current offices in Houston, Texas, US, and Kristiansand, Norway.

US natural gas production — as measured by gross withdrawals — averaged 111.2 billion ft3/d in 2020, down 0.9 billion ft3/d from 2019.

2021 is forecast to see a bump in both field starts and final investment decisions across the Europe, Middle East and Africa (EMEA) region, says GlobalData.

Projects were concentrated in Russia and Uzbekistan and the Group drilled 1.33 million m (2019: 1.37 million m). Similarly, the number of wells drilled was almost identical - 344 (2019: 350).