Oil & gas news
OceanTools launches new C-Level Subsea Digital Display
The C-Level is an ROV or diver deployed digital level that may be used to measure and display the inclination angle of underwater structures or mooring lines.
CORTEC launches new Wellhead Plug Catcher
The company has launched its new, compact, Wellhead Plug Catcher, which is installed directly between the wellhead and the production choke.
Logan Industries successfully completes space saving coiled tubing reeler project for OneSubsea
This is the first unit Logan has delivered with a removable drum, which means the unit footprint can remain static on the vessel while the drums can be taken to a shore base for unspooling and respooling.
Neptune Energy awards £10 million vessel services contract to Sentinel Marine
Neptune Energy has announced the award of a £10 million three-year vessel services contract to Sentinel Marine, to provide offshore support for its operated Cygnus gas field in the UK southern North Sea.
GlobalData: Surging oil and gas demand to boost subsea production
The ongoing Russia-Ukraine conflict is expected to support the development of offshore and subsea projects around the world, says GlobalData.
CGG and bp sign multi-year data transformation agreement
CGG, a global technology and HPC leader, has announced a major multi-year global data transformation and curation agreement with bp, that will play a key role in supporting bp’s subsurface digital strategy.
Nova 1st oil: Wintershall Dea increases production volumes in Norway
The expected recoverable gross reserves from the field are estimated at 90 million boe, of which the majority will be oil, an amount which will help support Europe’s energy supply.
Dry well near the Brage field in the North Sea – 31/4-A-13 C
Wintershall Dea Norge AS, operator of production licence 055, has concluded the drilling of wildcat well 31/4-A-13 C.
ExxonMobil announces second-quarter 2022 results
Exxon Mobil Corporation has announced estimated second-quarter 2022 earnings of US$17.9 billion, or US$4.21 per share assuming dilution. Second-quarter results included a favourable identified item of nearly US$300 million associated with the sale of the Barnett Shale Upstream assets.
Petrobras signs an agreement with a project aimed at fishermen in lagoon systems around the Campos Basin
The project, selected by the Petrobras Socio-environmental Program, will work with almost 800 direct participants from traditional fishing communities in the municipalities of Cabo Frio, São Pedro da Aldeia, Saquarema and Maricá until 2024, totalling 24 months of duration.