Drilling & production

Cub Energy Inc. has announced that its wholly-owned subsidiary, Tysagaz LLC, has been granted a new production licence with additional acreage in western Ukraine.

Delek Group has provided an update related to its submission for a bid or a tender issued by the Government of Cyprus for the acquisition of exploration rights for oil and/or natural gas.

GeoPark Limited has announced the successful drilling and testing of the Tigana Sur 4 development well in the Tigana oil field in the Llanos 34 Block in Colombia, resulting in consolidated net exit production of approximately 24 400 boe/d.

Cooper Energy Limited reports that Worrior-11, an oil development well located in PPL 207 in the Cooper Basin, South Australia, has been cased and suspended after reaching a total depth of 1669 m.

NEL has developed a novel method for calculating Reynolds numbers in real time, helping the O&G industry to significantly reduce financial exposure of heavy oil flow measurement.

Fagioli and RINA Services work to ensure smooth installation of colossal Hebron platform topsides.

A definitive agreement with a subsidiary of Venado Oil and Gas, LLC , an affiliate of KKR, covers the sale of SM Energy's third party operated assets in the Eagle Ford, including ownership interest in related midstream assets, for US$800 million.

Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS).

LGO has provided further update on its plans to recommence production drilling at the Goudron Field in Trinidad following its announcement of 21 December 2016.

Halliburton has announced the release of Cruzer™ depth-of-cut rolling element, an innovative drill bit technology designed to increase tool face control without reducing drilling efficiency.

Parker Hannifin has extended its range of distribution manifolds with a new low pressure version. Known as the Air Header Distribution Manifold, this product is approved to operate at pressures up to 275 psi.

Marking the fifth anniversary of its presence in the Southeast Asian marine lubricants market, LUKOIL Marine Lubricants hosted a reception in Hong Kong.

Three year cranes and lifting scope covers all Norway’s defence estate.

Marina Ivanova, Douglas-Westwood, UK, gives an insight into the long term opportunities for the upstream industry.

Throughout 2016, the company has continued to achieve a high weld pass rates and sought-after accreditations.