Drilling & production

The company has announced the senior appointment of Willem Boon von Ochssee as Head of Wells. With over 30 years’ industry experience, he joins Elemental Energies from Spirit Energy.

Murray Auchincloss has been appointed as BP Chief Executive Officer. His appointment has been made following a robust and competitive search process, carried out by the board over the past four months.

The company has already integrated the new assets and software, which include wireline pump units, drilling units and tractor modules into its existing technology.

On 16 January 2024, 24 companies were offered ownership interests in a total of 62 production licences on the Norwegian shelf in awards in pre-defined areas (APA) 2023. This is an increase compared with the three previous years.

Yokogawa Corp. of America and KBC (a Yokogawa Company) have announced the dates of their upcoming Users Conference, YNOW2024.

The company has signed a contract with TotalEnergies for the supply of casing and tubing and associated accessories for the first phase of the Gas Growth Integrated Project (GGIP) in Iraq.

The new contract will see STRYDE deliver its portable and agile nodal system to support the operator with oil and gas exploration, enabling cost-effective operations with a quicker project turnaround.

Alex Beeker, Research Director, Corporate Research for Wood Mackenzie, addresses Chesapeake Energy and Southwestern Energy’s merger and formation of a new US$24 billion natural gas company.

The company has announced that material net revenues in excess of US$18 000 000 have been achieved from the Wressle hydrocarbon development, located within licences PEDL180 and PEDL182 in North Lincolnshire on the western margin of the Humber Basin.

The agreement will enable customers to seamlessly integrate the companies’ drilling automation applications and rig operating systems to deliver improved well construction performance and efficiency.

Based on preliminary reporting from operating units, TGS expects IFRS revenues for 4Q 2023 to be approximately US$189 million, compared to US$219 million in 4Q 2022.

Part of ProSep’s portfolio of differentiated technologies for higher operational performance, AIM provides an alternative to traditional injection quills and static mixers.

The company has now exported its technology to 16 different countries, across six continents.

The producing countries have re-affirmed their commitment to unity, full cohesion and market stability through the Declaration of Cooperation (DoC).

The project is located in the eastern South China Sea, with an average water depth of approximately 136 m.