Recovery from Statfjord Øst to improve with gas lift pipeline
The licensees in Statfjord Øst have received consent to use new facilities linked to the gas lift project on the field. Expected start-up will be soon.
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The licensees in Statfjord Øst have received consent to use new facilities linked to the gas lift project on the field. Expected start-up will be soon.
Equinor Energy AS has concluded the drilling of wells 35/11-26 S and 35/11-26 A.
Tracerco announced a supply and marketing agreement with Kobold Completions Inc. to provide clients with a technology that will continuously monitor oil reservoirs.
Silver has secured a three-year multi-well contract in Southeast Asia for the installation of the artificial lift production optimisation system.
Perenco UK and Carbon Catalyst Limited have announced the award of two carbon storage licences by the North Sea Transition Authority (NSTA) to progress the Orion carbon storage project in the Southern North Sea sector of the UK Continental Shelf.
Exploration spend (excluding appraisal) will recover from historic lows to average US$22 billion per annum in real terms over the next five years, according to a new report from Wood Mackenzie.
SFL has announced that it has signed a drilling contract in Canada with a value of approximately US$100 million.
The company’s first deep-water/high pressure thermoplastic composite pipe (TCP) jumper in South America has been successfully installed, commissioned and is up and running for ExxonMobil Guyana at its Liza field.
Chesapeake Energy Corporation has announced that it has executed an agreement to sell its remaining Eagle Ford assets to SilverBow Resources, Inc. for US$700 million.
Archer has secured a US$165 million Repsol Sinopec contract for P&A decommissioning in the Fulmar field and the Halley field.
The company has moved its operations in Saudi Arabia into a new dedicated, state-of-the-art facility in Dammam as part of its roadmap to bolster and extend its expertise for customers.
Nabors has successfully converted all four of its Hess Corporation drilling rigs working in the Bakken to cleaner highline power.