Drilling & production

The contract will cover the provision of engineering services globally.

Devon Energy Corp. has brought online another successful spacing pilot and an oil well in the over-pressured oil window of the STACK play.

While the oil price decline has led to significant reductions in operating cash flow for US oil companies, their immediate financial situations are improving.

Engie E&P Norge is the operator of the exploration well PL 636 Cara in the northern North Sea. The well was spudded on Monday 18 July.

Ultra high-specification harsh environment rig is also the first of its kind to fully comply with both Norwegian and UK regulatory standards.

Panoro Energy has reported that the first crude oil lift from Aje field FPSO is due in August.

Pakistan Petroleum Ltd has announced a gas discovery at its exploration well Hadi X-1A located in District Sanghar, Sindh.

Lloyd’s Register recently held a one day event Tehran, to share knowledge and experience to help companies optimise their oil and gas operations.

Strainstall, part of James Fisher and Sons plc, has received a major contract with the Japanese Penta Ocean-Toa joint venture.

The takeover bid made by the PALFINGER Group for the Norwegian ship equipment supplier TTS Group ASA has been approved.

Offshore Energy will be hosting an extensive conference programme in October 2016, themed ‘Entering a new era'.

EnQuest PLC has announced that it is holding discussions with Delek Group Ltd for the sale by EnQuest to one of Delek’s subsidiaries of an interest in the Kraken development.

BP predicts it will take an after-tax non-operating charge of around US$2.5 billion in its 2Q16 results.

Mott MacDonald will deliver design and detailed engineering of the RHMs for the incoming lines from wellheads to gathering centres.

Analysis from IHS Market shows break-even costs to develop these projects much lower and infrastructure is already in place; ‘sleeper’ plays also identified.