Oil & gas news

The investment is central to the company’s enterprising expansion strategy and forms part of its three-year guidance on capital expenditure.

Aker BP ASA has concluded the drilling of wildcat well 2/8-19.

Jennifer Knopf and Dr. Ulf W. Naatz, Vink Chemicals, outline the importance of selecting the right biocide to help mitigate and control bio growth in subsurface, downhole or topside oilfield operations.

The Sapura 3000 is a versatile heavy lift pipe laying vessel, equipped with a 3000 short t revolving mast crane, capable of executing deep and shallow water projects.

Total oil output from the Permian, including both conventional and unconventional, is forecast to grow by almost 1 million barrels per day (bpd) this year, jumping from 4.7 million to 5.6 million bpd, before climbing further to around 6.5 million bpd in 2023

Japan’s JGC Holdings Corporation has announced that JGC Corporation and JGC Arabia have been jointly awarded a pair of contracts by Saudi Aramco for the Zuluf oil and gas field development megaproject.

The programme consists of waterfloods and workovers of existing wells as well as new offset wellbores and lateral drilling which G2 plans to initiate on financial close.

JGC has received the orders for the construction projects for the core onshore GOSP and utility facilities including water injection facilities.

LUBNOR is the fourth asset to have the purchase and sale agreement signed as part of the commitment signed by Petrobras with CADE in June 2019 to open the refining market in Brazil.

With a stable, business orientated administration and superb travel and communication facilities, Malta could be an excellent choice to become the ‘energy hub’ of the Mediterranean both for LNG supplies and renewables.