Drilling & production

TransCoil rigless-deployed ESP expands the operating envelope and improves reliability versus existing alternative deployment systems

The company has won a bankruptcy auction to acquire the acres, including drilling rights on 44 100 net acres in the Utica and current natural gas production of approximately 80 million ft3 per day, from Stone Energy Corp.

The company has announced that the Board has approved expenditure of US$2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico.

Samoco Oil Tools, a developer of tools for the oil and gas industry, has announced the launch of OneTrip to greatly reduce the time and costs associated with mandatory blowout prevention (BOP) testing.

Rystad Energy forecasts projects holding 512 million boe of recoverable liquids and gas resources could potentially reach final investment decisions (FIDs) within Australia & South East Asia during 2017.

Halliburton has announced the release of the Dash® Large Bore Subsea Safety System, which provides full electrohydraulic control of well safety and intervention functions.

The FPSO shall operate in Sankofa-Gye Nyame field in the Tano Basin, in Ghana’s offshore, for the Offshore Cape Three Points (OCTP) project.

Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, has provided the following operational and corporate update.

4Subsea has delivered integrity monitor systems for six flexible risers on Statoil’s semi-submersible platform Snorre B in the North Sea. The company was awarded the contract shortly after having delivered the fifth system in a row for Statoil’s Snorre A platform. (Photo: Statoil/Rune Solheim)

Aker BP ASA along with the partners in the Johan Sverdrup, reports updated key figures for the Johan Sverdrup project.

James Moir, PJ Valves, looks at how a smarter approach to manufacturing can help keep the FPSO market afloat.

Petrofac is set to build on its provision of maintenance services for BP, following the award of a three-year extension to its existing contract in the North Sea.

Occidental Petroleum Corporation has announced that at year-end 2016, the company's preliminary worldwide proved reserves totalled 2.4 billion boe compared to 2.2 billion boe at the end of 2015.

Archer Oiltools has launched the SPARTAN plug family, designed to help operators deliver safer wells, boost operational efficiency and reduce costs.

Europa Oil & Gas has announced that its wholly owned subsidiary has signed a farm-out Agreement in relation to a 12.5% interest in the PEDL143 licence in the Weald Basin with a wholly owned subsidiary of Angus Energy PLC.