Drilling & production

The company's CAN technology aims to reduce field development costs and help with wells in difficult seabed conditions.

The company will provide regulatory testing and reporting services for 825 wells in the Texas Panhandle, US.

The deal makes Hilcorp the second-largest Alaska producer and reserves holder, behind ConocoPhillips.

The Vero system applies artificial intelligence to validate well integrity.

The money from this financing round will support the qualification and commercialisation phases for the company’s Slim Battery-powered Conveyor.

A vessel is en route to the field to undertake site preparation before a drilling rig is moved to the site.

The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million t in June 2019.

David Kennare has joined Xodus from Peritus Group where he was managing director for the company’s operations in Houston, London, Kuala Lumpur and Perth.

Caspian Sunrise has announced that a contract has been signed with an international oil trading group for the first 29 000 bbls of oil to be sold in September, by reference to world oil prices.

The collaborative supply agreement for drilling motors for US Land from a major oilfield services provider.

James Fisher Marine Services has completed a second inspection, repair and maintenance campaign for the international oil and gas exploration and production company, Premier Oil UK.

The 12 month contract between Petrofac and the State Oil Company of the Republic of Azerbaijan (SOCAR) will support activity in the Absheron natural gas field, located in the Caspian Sea, approximately 100 km south of Baku.

Equinor and partners OMV and Petoro have made an oil discovery in the Sputnik exploration well in the Barents Sea.

The campaign will comprise of two wells in the Duyung PSC in the West Natuna basin, in which the company holds an 8.5% interest.

Presentations will take place in Luanda, Angola, Houston, US, London, UK, and Dubai, United Arab Emirates, during September.