Ithaca Energy completes acquisition of Chevron's North Sea assets
The transaction adds ten additional producing field interests to Ithaca's existing portfolio.
The transaction adds ten additional producing field interests to Ithaca's existing portfolio.
Drilling operations at the TLP-103C-ST well offshore the Republic of the Congo could commence either in 1Q20 or 2Q20, dependent on the rig’s current commitments.
In the first part of this two-part article, Graham Gillies, Baker Hughes, examines how tier one suppliers have responded to the prolonged downturn in oil prices by embracing work methodologies designed to drive greater levels of standardisation and achieve supply chain efficiencies that would continue beyond any future price recovery.
The subsea robotics specialist is set to add to its ranks at its Middle East base due to a rise in demand for its services following a successful first year in the region.
Steve Gordon, Managing Director of Clarksons Research, said that offshore investment and activity levels are increasing in the region, with project Final Investment Decisions totalling US$23 billion reported in the year to date.
Safe and continual performance of lifting equipment crucially depends on minimising risk through improved resilience to failure
Recent reporting from the company's ongoing project in support of NPCC demonstrate a 60% reduction in overall cutting time utilising its ultra-high-pressure abrasive water jet internal cutting system.
Entries are open to all UK-registered companies within the oil and gas and renewables sectors.
The equipment and service provided by Baker Hughes will support Apache North Sea’s exploration and development activities in the North Sea for the next three years.
Petrobras and CNODC offered the the minimum allowed profit oil of 29.96% for rights to explore and produce oil at the Aram block in Brazil's Santos Basin.
SBM Offshore will perform FEED work for a FPSO for the Payara development project located in the Stabroek block in Guyana.
Innovo’s Innodrive 700T electrical Reel Drive System and a Sparrows tensioner were integrated with under-deck carousel.
LOC Egypt has been awarded a two-year marine assurance and inspection contract by BP Egypt.
Petrobras and Chinese state firms CNOOC and CNODC made the only bids out of over a dozen major oil firms who had registered. Two of four blocks on offer got no bids.
The well targeted an extension of the Upper Jurassic Rogn Formation sandstone which forms the main reservoir of the producing Draugen field.