Westwood Global Energy Group, the energy market research consultancy, has released new statistics for exploration in the Asia-Pacific region which show that green shoots of recovery are starting to appear.
Exxon Mobil Corporation has signed a production-sharing contract for Block 59 in Suriname with Staatsolie Maatschappij Suriname N.V.
HIMA has recently announced Servelec Controls as its approved oil and gas-focused systems integration partner in the UK.
Aker BP has received consent to drill two exploration wells in the North Sea.
The company has completed six wells and is drilling the seventh one. The average daily production exceeded 14 thousand tonnes of oil last June.
Statoil Brasil Óleo e Gas has awarded Seadrill Limited a contract for one well and one drill stem test for the West Saturn.
Lundin Petroleum has announced the successful completion of the drilling and production testing of Alta appraisal well 7220/11-4.
This includes a 41% increase in estimated development gas well completions and a dramatic 81% increase in total estimated oil well completions from year-ago levels.
Bibby Offshore, a leading subsea services provider to the oil and gas industry, has announced a multimillion pound contract with a global energy player, Maersk Oil UK, to provide both late life production enhancement and decommissioning support in the North Sea.
Tesco Corporation has achieved certification to API Q1, ISO 9001: 2015 and the license to monogram products to API 8C at its facilities in the greater Houston area.
Trendsetter Engineering has successfully completed live well operations with their new 15 000 psi subsea hydraulic intervention system (referred to as STIM).
Premier Oil has made a key oil discovery in the Zama-1 exploration well in Block 7, offshore Mexico.
Sparrows Group has been awarded a three-and-a-half-year extension to its inspection services contract for Stena Drilling’s global fleet of drilling vessels.
The field produces 300 000 bpd. The concession will be operated by the North Oil Company (NOC), which was established a year ago as a partnership between Total (30%) and Qatar Petroleum (70%).
SBM Offshore announces that Shell E and P Offshore Services B.V. (Shell) has notified the company of the fact that Shell is exercising its right under the charter agreement to purchase the FPSO Turritella.