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Drilling & production

 

Genel Energy: Taq Taq reserves update

Gross 2P reserves for the Taq Taq field as of 28 February 2017 are estimated by McDaniel at 59 million bbls, compared to 172 million bbls at 31 December 2015.

 
 
 
 
 
 

ITF & OGIC to provide £1 million in funding to encourage O&G

The Industry Technology Facilitator (ITF) and the Oil & Gas Innovation Centre (OGIC) have joined forces to fund and support the development of innovations which could reduce costs, raise production efficiency, and improve safety and environmental performance.

 
 

PGNiG increases involvement in Norway

PGNiG Upstream Norway, wholly owned subsidiary of PGNiG SA (Polish Oil and Gas Company), purchased share in the Storklakken discovery from Aker BP ASA.

 

Salunda to debut drilling mud analysis technology at AADE

Advanced technology that provides consistent analysis of mud properties during the drilling of oil and gas wells will be showcased for the first time at the AADE (American Association of Drilling Engineers) National Technical Exhibition and Conference.

 
 
 
 

Keppel signs Heads of Agreement with Borr Drilling for Transocean rigs

Keppel FELS Limited has entered into an agreement with Borr Drilling Limited of Bermuda, with the approval of Transocean, whereby the construction contracts for the five jackup rigs currently being built by Keppel FELS for Transocean will be novated to Borr Drilling.