Drilling & production

ADNOC has announced the start of crude oil production from its Belbazem offshore block, underscoring the company’s commitment to responsibly meet the world’s growing demand for energy.

PTTEP has ramped up the G1/61 Project’s sales volume to 800 million ft3/d as planned. The increased gas delivery will help minimise the impact of electricity price and enhance national energy security.

BlueNord ASA has announced that the Tyra Redevelopment Project in the late hours on 21 March 2024 successfully reached an important milestone with the safe restart of production.

The latest award comes only three months after Equinor ordered a ROCS for use at its Rosebank field, west of Shetland, UK.

Savannah Energy PLC has announced that it has signed separate share purchase agreements with Sinopec International Petroleum Exploration and Production Corporation (SIPC) and Jagal Ventures Ltd (Jagal) to acquire 100% of the outstanding share capital of Sinopec International Petroleum Exploration and Production Company Nigeria Ltd.

Dolphin Drilling AS has announced the award of a US$154 million drilling contract from Oil India Limited.

The options for drilling services on fixed installations on the Norwegian continental shelf provide jobs for 2000 people per year, and have an estimated value of NOK 18.4 billion.

Parker Wellbore and TDE have entered into an exclusive strategic alliance aimed at revolutionising the drilling process.

The company has been awarded a four-year contract extension for platform drilling services for Equinor in Norway with an estimated contract value of NOK 8 billion.

The satellite will provide the public with reliable scientific data about the sources and scale of methane emissions globally, with the ultimate goal of driving reductions in the near future.

The company has awarded Worley the Project Management Consultants (PMC) contract for the project management of Kuwait Environmental Remediation Programme (KERP) for an additional five years.

The company has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa, from Africa Oil South Africa, Azinam, and Ricocure.

After completing the acquisition, Talos has approximately 183 million shares of common stock outstanding, including approximately 24.4 million shares issued to the QuarterNorth shareholders as consideration for the transaction.

Dave Moore, 3D Print Consultant at Tri-Tech 3D, UK provider of Stratasys, One Click Metal and XJet 3D printing solutions, explains how AM can deskill oil and gas part production.

Global oil demand growth will rise by 1.9 million bpd in 2024 with key markets in the Asia Pacific (APAC) region being the main driver, accounting for over 63% of the total according to Alan Gelder, Vice President of Oils Research at Wood Mackenzie.