Forum Subsea Rentals, a Forum Energy Technologies business, announces that new multiplexer video and data acquisition technology is available to their global rental market following significant investment in MacArtney’s EMO range.
Norwegian authorities have approved the PDO of the Trestakk discovery on the Halten Bank in the Norwegian Sea. Investments are calculated at NOK 5.5 billion, almost half of the original estimate.
2H Offshore has successfully completed the installation of the first of 17 production top tension risers.
The new technology to be presented at upcoming conference in Texas
BP has announced it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS.
LGO has confirmed that well GY-683 was spudded on Friday 31 March 2017 with Rig#18 at the Goudron Field in eastern Trinidad. The well is currently drilling ahead at a depth in excess of 350 ft.
Triangle has jointly (50/50) executed a share purchase agreement in partnership with Royal Energy Pty Ltd to acquire the 42.5% balance of the Cliff Head Oil Field from ROC Oil Company Limited.
Lift IQ service improves well production and artificial lift equipment performance.
Energean oil and gas is pleased to announce that it has agreed to farm out a 60% interest in its Ioannina and Aitoloakarnania blocks, onshore Western Greece, to Repsol.
Eco (Atlantic) Oil & Gas Ltd has noted the announcement made overnight by ExxonMobil Corporation in relation to another new oil discovery in Guyana on its Snoek Oil Prospect.
According to a recent Wood Mackenzie report, a leaner and more cost-competitive deepwater industry is emerging from the downturn, with the most attractive projects now competing with US tight oil plays.
Aberdeen-headquartered Exceed, a well management and performance improvement specialist, has secured four new North Sea contracts in the first quarter of 2017 with a combined revenue of approximately £5.5 million.
From flood declining conventional and offshore wells to the water injected to fracture underground shale to the steam required for oil sands extraction, water is the most important input to the oil and gas industry.
The Weatherford AutoFrac® RFID-enabled stimulation system has been recognised by the 2017 Spotlight on New Technology Awards, which are formally presented during the Offshore Technology Conference (OTC).
Oil and gas completions company, Tendeka, celebrates its most recent win after being awarded a two-year contract extension with a leading Malaysian operator.