The contract covers the provision of slickline services, coiled tubing services, well surveillance, ballistic and wireline tractor services to support Maersk Oil’s Central North Sea operations and planned abandonment campaigns.
The companies are looking at 2017 with renewed optimism thanks to the accolades they’ve received this past year, and due to the new developments due in 2017.
In its 17th year, the annual EI Awards recognise the highest level of commitment to serving society and outstanding achievements within the energy sector.
New services integrate modelling with monitoring and control to optimise productivity in fractured wells.
Farm-out proceeds to fund gas project capital expenditure.
TRETOLITE SNAP water clarifiers and demulsifiers improve fluid separation performance in challenging production environments to improve overall profitability.
The QUN 158R development well in Trinidad has been successfully spudded.
Subsea 7 has reported a strong operational performance throughout the third quarter.
Statoil has received consent to use Scarabeo 5 for well activities on the Njord field.
According to the EIA, production from the Johan Sverdrup should delay the onset of any deep decline in Norway's aggregate production.
The contract for well intervention services runs for three years and is confirmation of the opportunities the are being uncovered in the current market conditions.
OPEC's World Oil Outlook reports that primary energy demand is set to increase by 40% in the period to 2040.
Start of first offshore well in Abu Dhabi for Shuwaihat project.
The new division will provide thru-tubing and fishing services to oil and gas exploration companies.
The Oman Block 61 exploration agreement has been amended to allow for a development expansion.