Drilling & production

Parkmead has increased its stake in the Perth and Dolphin oil fields in the UK Central North Sea.

The company won the award for its approach to technology within the drilling sector.

STC will use connectivity provided by Intelsat 10-02, located at 1° West, to provide satellite services to the oil and gas sector in the KSA.

Falcon Oil and Gas has reported encouraging results in the Beetaloo W-1 well.

The OPL 226 asset is located 50 km offshore in the central area of the Niger Delta.

Eni reached a production of 128 000 boe/d in the Nile Delta offshore.

Recovering oil prices, increasing exploration and production activities and surging investments in the refining industry are anticipated to boost global demand for industrial valves.

Doriemus is a partner in the planned Brockham sidetrack and will take advice from Nutech in order to provide input and suggestions to the operator.

Collaboration to enable Canadian companies to work with independent contractors and avoid dependent contractor classification issues.

The scope of the certification includes areas such as QAMS manual control, context of the organisation, leadership, planning, support, operations, performance evaluation and improvement.

Statoil’s impact assessment programme for Johan Castberg reveals that the project will be important to Norwegian industry and have strong ripple effects.

Global oil demand growth is slowing at a faster pace than initially predicted, according to the IEA Oil Market Report (OMR) for September.

The O&G industry is being encouraged to explore and adopt existing tools and technologies, which have the potential to reduce operational costs and boost efficiencies.

A key theme at the SMM Conference in Hamburg last week was the innovation within both the offshore and marine markets aimed at reducing costs and improving operational efficiency.

MEO Australia Limited has provided an update for the farmout process for WA-488-P containing the giant Beehive prospect.