Drilling & production

Schlumberger has agreed to fund €7.5 million of services on the forthcoming Badile well.

The company is also on track for higher profitability in H1 2016.

Total captured the benefit of the recovery in oil prices since the start of the year, and adjusted net income rose to US$2.2 billion in the second quarter of 2016.

Dr Nick Warren CEng FIChemE FCMI, looks at the state of the upstream industry and considers the role to be played by the Digital Oilfield in shaping the future.

Anadarko Petroleum Corp. has announced its financial and operating results for 2Q16, including a net loss attributable to common stockholders of US$692 million.

A total of 43 crude and natural gas projects are expected to start operations in Sub-Saharan Africa by 2025, of which 31 are crude and 12 are natural gas.

Bringing over 28 years’ of industry experience to the role, Fraser Louden has held a number of positions within a range of oil and gas service companies.

The new premises, located close to Houston’s Energy Corridor, is approximately 1300 square ft and can accommodate up to 10 staff.

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7220/6-2 R, cf. Section 8 of the Resource Management Regulations.

Claxton is responsible for a full scope of decommissioning work including project planning, severance, and full multiple string recovery.

The orders for flying leads and umbilical accessories, valued at over US$3 million come directly from two major operators.

Douglas-Westwood’s (DW) World Oilfield Equipment Market Forecast shows 2016 spending will amount to just 42% of the 2014 peak.

Ali Faras, Kuwait Oil Company, Kuwait, demonstrates how wireless monitoring systems installed at wellheads improve operations, reduce field visits and improve HSE.

Maersk Fluid Technology will be present at SMM, on stand number A5.210, with examples of the company’s Blending-on-Board system.

OneSubsea has ordered the umbilical and accessories from Nexans to develop the Greater Enfield development off the coast of Exmouth, Western Australia.