The company has announced that the £1.5 million investment project in its Flow Intervention Services technology has started onshore testing ahead of planned subsea field trials later this year.
The company has taken on 13 new people in Houston following a successful twelve months.
The company has appointed Lee Wilson to the newly created role.
The winner will be selected from the five candidates at the annual Council Meeting in St Petersburg in June this year.
The deal is key part of Proserv’s strategy of providing systems from the wellhead through to the pipeline.
The increase in demand was triggered after the tool was run in the world’s deepest (4650 m) and hottest (427 °C) geothermal borehole in the Iceland Deep Drilling Project (IDDP) in 2017.
New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.
The ‘Revitalising the UKCS’ conference session has been added to the Subsea Expo event.
Entering into 2019, the global oil and gas industry remains cautiously optimistic as recovering oil prices have boosted companies’ profits and a rebound in new projects is expected.
OMV and Sapura Energy Berhad have closed the agreement to form a strategic partnership.
Helge Beuthan, currently Vice President for Global Subsurface Evaluation, will take over the duties of Dr. Uwe Salge in Abu Dhabi on 1 February.
During the December quarter, Triangle Energy (Global) Limited (Triangle, the Company) delivered a 93% increase in production over the previous quarter.
The Rt Hon Liam Fox MP, UK Secretary of State for International Trade and President of the Board of Trade, is the latest speaker confirmed for IP Week 2019, alongside high-profile figures from the world of energy.
Rystad Energy analyst Paola Rodriguez-Masiu comments on the sanctions announced by the US against Venezuelan state oil company PDVSA
"At 250 million boe, CNOOC Ltd’s Glengorm is the largest gas discovery in the UK since Culzean in 2008,” Kevin Swann, a senior analyst with Wood Mackenzie’s North Sea upstream team, said after CNOOC and its partner Total announced the discovery.