Oil & gas news

Government, regulators and industry chiefs gathered in Aberdeen on 29 November to discuss the outlook for investment in the North Sea following several strong votes of confidence in the basin.

Hughes Subsea, an OEG Group company, secured a contract to deliver daughter-craft diving services for the Anasuria FPSO, positioned 175 km east of Aberdeen.

The company has appointed Herwin Cruz as Regional VP for Latin America covering Drilling, Well Intervention, Production Enhancement and Fire Protection Services.

Adrian Lara, Principal Analyst at Wood Mackenzie, comments on the election of Javier Milei as President of Argentina, and the impact this may have on the country’s oil upstream industry.

Saipem has been awarded two offshore contracts, one in Guyana and the other in Brazil, worth approximately US$1.9 billion.

The company will continue to provide operations, maintenance, modifications and offshore services on the Mariner A platform and Mariner B floating storage unit.

By implementing the company’s CwD services, Hunt Oil reduced the number of runs required, with a saving on time and cost.

Suncor Energy has announced that the Terra Nova floating, production, storage and offloading vessel has safely restarted following the completion of the Terra Nova asset life extension project.

Around 45 new full-time jobs, in various disciplines, will be created at the site.

XCMG Machinery's electric workover rig has recently completed the cleaning of 10 oil pipelines in an oilfield in Northern China, which has reduced 25.812 t of carbon emissions for the oil exploitation project.