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Drilling & production

 

Rystad Energy forecasts a boom in Xmas trees

After activity levels fell to only 240 subsea trees installed globally in 2017 – the lowest level since the turn of the century – Rystad Energy forecasts that over 350 subsea trees will be installed per year by 2021.

 
 
 

Genel Energy plc provide update on Sarta and Qara Dagh

The company has announced that approval has been given by the Kurdistan Regional Government regarding the acquisition of stakes from Chevron in the Sarta and Qara Dagh blocks, in the Kurdistan Region of Iraq.

 
 
 
 
 
 
 
 

EnerQuip sets sail on Vantage drillship project

The project will mark the first time one of its high torque machines will be used on a drillship, the sixth generation ultra-deepwater capable ‘Tungsten Explorer’.