Upstream drilling news
Wood Group awarded two Mad Dog Phase 2 contracts
Wood Group has won two separate contracts related to BP’s Mad Dog 2 project providing engineering services to further develop deepwater production.
Wärtsilä to optimise performance and uptime of four Songa Offshore drilling rigs
The technology group Wärtsilä has signed a five-year technical management and services agreement with Songa Offshore for four Cat-D type semi-submersible drilling rigs operating in the North Sea.
READ signs multi-country award with Shell
The company has been awarded a multi-country award in the UK, Ireland and Norway, to provide all cased hole logging services and analysis within scope of supply for Shell’s operations in these regions.
Aiteo emerges as leading Nigerian O&G company with record 90k bpd output in 1 year
The company is confident that its significant gas resources at OML 29 will transform the country’s oil rich Niger Delta region into a power generation hub of repute before long.
Repsol makes the largest US onshore oil discovery in 30 years
The Horseshoe-1 and 1A wells drilled during the 2016-2017 winter campaign confirm the Nanushuk play as a significant emerging play in Alaska’s North Slope.
Industry response to UK Spring Budget statement
UK Chancellor, Philip Hammond, has announced possible tax incentives for the oil and gas industry. A selection of industry commentators give their verdict.
SNC-Lavalin awarded five-year commissioning framework agreement by PDO
SNC-Lavalin has announced that its wholly owned subsidiary Kentz Overseas Company WLL has been awarded a five-year commissioning support services framework agreement by Petroleum Development Oman (PDO).
Cubility supports Catoosa Test Facility in drilling deepest well in their history
6000 ft borehole drilled with support of Cubility’s MudCube, the industry’s first compact solids control system.
Erin Energy signs drilling contract for Oyo field well, offshore Nigeria
Erin Energy Corporation has announced the execution of a drilling services contract with Pacific Drilling for use of the Pacific Bora drilling rig.
EIA: Without new investments, global oil supply to lag demand after 2020
Global oil supply could struggle to keep pace with demand after 2020, risking a sharp increase in prices, unless new projects are approved soon, according to the latest five-year oil market forecast from the International Energy Agency.