Drilling & production

Production of heavy oil reservoirs presents significant economic and technological challenges.

Working interest transaction provides development opportunities in the Shoats Creek.

Exceed has boosted its decommissioning credentials by forming a strategic alliance with Weatherford.

OMV Norge AS, operator of production licence 537, is in the process of completing the drilling of appraisal well 7324/7-3 S on the 7324/8-1 (Wisting) oil discovery.

Work has begun on accelerating the restoration of production levels at Goudron.

Hyundai’s Ship Building Division (HHI-SBD) has announced the finalisation of a contract for 2 × Suezmax tankers for Turkish shipowner, Ditas Shipping.

The supply services contract with BP will be delivered across Norway, providing support in Tananger and Farsund.

Self-elevating offshore drilling units, owned by affiliates of leading Mexican energy infrastructure company Grupo R, will be chartered to Pemex; financing shows that despite challenges in the offshore energy sector, lender appetite remains.

The future of oil and gas technology looks increasingly automated, digital and smarter according to a new Technology Outlook report published by DNV GL.

The documents signed in St Petersburg, are aimed at boosting Russian oil and gas supplies to Europe.

Natlata Partners Ltd has received a Restriction Notice from the Company, which will come into force on 14 April 2016.

Wood Group has announced it has been awarded a two year contract extending its service provision for TAQA in the North Sea.

Statoil has awarded contracts to DNV GL for verification of all 4 topsides, the 3 bridges, 3 of 4 jackets, topside installation by use of the Allseas single lift vessel ‘Pioneering Spirit and extended site assessment for the jack-up.

FourQuest ME is involved in the provision of pipeline and process services across the Caspian, MENA regions.

BP and China National Petroleum Corporation (CNPC) have signed a production sharing contract (PSC) for shale gas.