Upstream drilling news

Aquaterra Energy, a leader in offshore engineering solutions, has secured a multi-million-dollar, multi-year contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria. Aquaterra Energy’s turnkey well access package will enable IEL to conduct intervention operations across multiple mature oil wells in the region, supporting enhanced reservoir production.

The acquisition is proposed through a consortium, with Horizon to acquire 75% of the shares in Exxon Mobil Exploration and Production Khorat Inc. with Matahio Energy acquiring the residual 25% and agreeing to manage EMEPKI employees and operatorship of the Nam Phong field on behalf of the consortium.

Enteq Technologies, the specialist energy services engineering and technology company, has successfully completed its latest round of trials for The SABER Tool, its Rotary Steerable System (RSS) technology, at Catoosa Test Facility. This phase validated engineering improvements made following previous testing.

Jeff Forsyth Jan Frieling and Fraser Smith, StimStixx, Canada, explore working with in-situ acid generation for oil and gas with opportunities in carbon capture and geothermal well stimulation.

Vijay Desiraju, Celonis, explains why process intelligence can help capture value in the upstream industry.

Enteq Technologies, an energy services engineering and technology company, has launched SABER Vertical, a drilling solution designed to enhance efficiency and reduce operational complexity for vertical and top-hole drilling.

Equinor has started production at the Halten East development in the Norwegian Sea, two years following approval from Norwegian authorities.

The country has experienced fluctuating oil production due to internal strife since the fall of Muammar Gaddafi in 2011.

Salunda has announced it has launched the Latch Hawk 2 fingerboard latch monitoring device, with the aim of preventing dropped objects and improving safety during pipe handling on offshore drilling rigs.

Murphy Oil Corporation has announced that a subsidiary has signed a Purchase and Sale Agreement to acquire an FPSO vessel from BW Offshore.