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Upstream news updates

 

McDermott to receive up to US$1.7 billion of new financing

McDermott will have immediate access to US$650 million of financing comprised of US$550 million under a term loan facility and US$100 million under a letter of credit facility, before reduction for related transaction fees and expenses.

The importance of sand monitoring in separator tanks - part one

Excessive build-up of sand in a separator tank can clog the drain pot, resulting in damage to devices further downstream and requiring an unscheduled shutdown for cleaning. Reliable sand detection is vital and, as Emerson’s Marianne Williams explains, the latest vibrating fork level detectors provide an effective solution.


More oil news updates

 
 
 
 
 

TechnipFMC to provide EPICI services for Woodside's Pyxis field

TechnipFMC will design, manufacture, deliver and install subsea equipment including subsea production system, flexible flowlines and umbilicals for the development of the Pyxis and Xena fields, located offshore North West Australia.

 
 

Balmoral Offshore receives industry awards

The company recently received two prizes at the Energy Industries Council (EIC) national awards and was awarded the ‘Inspiration from Innovation’ gong at the Northern Star Business Awards.

 

Trinity provides 3Q19 update

Trinity has now completed four new onshore infill wells as part of its H2 drilling programme.

 
 
 

Discovery made at Tolmount East

The well in the UK Southern Gas Basin was targeting 220 billion ft3 of P50 gross resource, in an undrilled area 4 km east of the 500 billion ft3 Tolmount gas field.

 

Quanta appoints Regional Manager

The company provides EPC services to the oil, gas and energy industries including engineering and maintenance of North Sea platforms from concept through to decommissioning.