Special reports

Proposed agreement maximises value by driving performance and efficiency through technology development and human capital as part of 2030 smart growth strategy.

Santos announced on 22 August 2018 the proposed acquisition of 100% of Quadrant Energy for US$2.15 billion plus potential contingent payments.

Tidewater and GulfMark stockholders overwhelmingly supported the business combination.

The Vaca Muerta Shale Basin in Argentina is the only unconventional play outside of North America where activity has already made the transition from exploration to full-scale development.

Staff have relocated from nearby Ryton, Tyne and Wear, to a purpose-built engineering services and manufacturing centre at the Tyne Tunnel Estate, North Shields, following a £10 million investment.

At the most recent meeting of the FPSO Global Research Forum in Holland last month there was a record attendance of top companies.

The companies have unanimously approved and decided upon a final merging plan.

By Ed Longanecker, president of the Texas Independent Producers & Royalty Owners Association (TIPRO).

As part of the agreement, Unique Group will offer Deepwater’s technologically advanced corrosion control solutions to the Middle East market.

The company has established a business development team to support its growth plans, as it looks to increase its presence in key international markets.

Paradigm Group has recently opened offices in both China and the Middle East to cater for an increase in international sales and service demand.

This 5-year agreement covers the exclusive supply of surface wellhead equipment and service in the United States and Canada.

The project is for the provision of project management consultancy (PMC) services for the company’s 15 major projects and will cover different stages of engineering, procurement and construction (EPC) activities.

The company has appointed Mohamed Galal as regional director for MENA.

As upstream companies move to adopt Big Data and digital technologies to help transform their businesses, players in the US Lower 48 have led the way.