Drilling & production

OMMICA, the chemical analysis expert, has broken new ground in Central Asia's oil and gas industry thanks to its innovative THPS testing kits.

The storm developed into a full-blown hurricane at the end of last week, with Francine being the sixth named weather event this year.

Hurricane Francine made landfall last Wednesday on the Louisiana coast, taking some energy infrastructure offline along the US Gulf Coast from Louisiana through Alabama.

AccuWeather’s?preliminary estimate?of the total?damage?and economic loss from Hurricane Francine in the USA is US$9 billion.

The transaction comprises US$461 million in cash and around 10.1 million OpCo units, with the equity portion valued at roughly US$456 million.

SCF Partners, Inc. acquires Newpark Fluids Systems business from Newpark Resources Inc.

Diamondback Energy has completed the merger with Endeavor Energy Resources, creating a leading operator focused on the Permian Basin.

Li Xing Gan Financial Markets Strategist at Exness says oil prices have paused their decline due to concerns over Hurricane Francine.

Aramex UK has opened a new branch in Aberdeen as it looks to enhance service for oil and gas clients.

Transocean Ltd. has announced a 365 day contract for the Deepwater Atlas with bp in the US Gulf of Mexico.

The latest agreement builds upon a ten-year collaboration that has seen bp deploy Palantir’s technology in its oil and gas production.

Newly released Recoverable Abandonment Frame technology could reduce abandonment costs by £20 million per well and cut project timelines by 50%.

GlobalData reports energy ministers in Kazakhstan have requested that planned maintenance on the country's giant oilfield be delayed as the risk of gas shortages during the winter months looms large.

The contract, valued at around Rs14.02 billion (US$167 million), is for production enhancement operations at ONGC's mature fields in the Rajahmundry asset.

GDEP update: 22 of its 2500Q HDF quintuplex pumps have all exceeded 10 000 pumping hours.