Drilling & production

By implementing the company’s CwD services, Hunt Oil reduced the number of runs required, with a saving on time and cost.

Suncor Energy has announced that the Terra Nova floating, production, storage and offloading vessel has safely restarted following the completion of the Terra Nova asset life extension project.

The company has announced an agreement to sell the company’s measurement solutions business to One Equity Partners for US$205 million in cash, subject to customary adjustments at the closing of the transaction.

A new report shows that deliveries to exploration, operation and modification of Equinor-operated fields and onshore plants in Norway exceeded 93 billion NOK in 2022, an increase of approximately 13% from the previous year.

Sanoat Energetika Guruhi has commenced geological explorations at the Baysun deposit in the Surkhandarya region of Uzbekistan.

The company has completed the sale of the entirety of the shares of TotalEnergies EP Canada Ltd. to Suncor, comprising its participation in the Fort Hills oil sands asset and associated midstream commitments.

Dana Petroleum and NEO Energy have announced the signing of a sale and purchase agreement under which NEO Energy will acquire Dana’s full equity in the Western Isles FPSO.

This development supports Aramco’s strategy to increase gas production by more than half, over 2021 levels, through 2030, subject to domestic demand.

The company has announced that it has won orders for premium oil country tubular goods (OCTG) from Aramco.

The company’s latest report, ‘Oil and Gas Industry Contracts Analytics by Sector, Region, Planned and Awarded Contracts and Top Contractors, Q3 2023,’ reveals that the overall contract value decreased from US$57.4 billion in Q2 2023 to US$42.6 billion in Q3 2023.

This production sharing agreement is part of the company’s vision to strengthen the energy autonomy of Côte d'Ivoire and the West African sub-region.

The companies have announced the discovery of a total of 114 ft (35 m) of net pay at the Wei-1 well on the Corentyne block, approximately 200 km offshore from Georgetown, Guyana.

On Thursday 02 November, Aker BP and Aibel celebrated the first steel cut for the Munin platform in Thailand.

In 2022, annual production of associated-dissolved natural gas (or associated natural gas) increased 9% in the major US onshore crude oil-producing regions, mostly due to an 8% increase in crude oil production.

M&P have announced the signing of a set of agreements with PdVSA for the immediate restart of the activity of M&P’s mixed company in Venezuela