Oil & gas news

The collaboration initiative will aim to enable faster, lower cost validation and qualification of new technologies to deliver future well P&A programmes or campaigns.

Varying in duration from 18 months to 3 years, the contracts have a combined high six-figure value.

SPIE Oil & Gas Services will provide Process Automation Systems integration services for its subsea gas compression system for the Jansz-Io field, offshore Western Australia.

The company has signed deals including a 12-month production chemistry agreement with a North Sea FPSO operator worth a seven-figure sum, a chemical testing project for Vedanta (Cairn India) in India and a water injectivity study for SNEPCO, the operating arm of Shell in Nigeria.

The combined company has assumed the Expro Group Holdings N.V. name and will begin trading on the New York Stock Exchange on 4 October 2021 under the ticker symbol “XPRO”.

The potential joint offer will include digital solutions developed by PGNiG as a part of the company’s 'Smart Field' programme.

More than 99% of Cabot shareholders and more than 90% of Cimarex shareholders were in favour of the merger.

The contract will be delivered by around 120 Wood employees across the offshore and onshore assets including the Clipper and Leman offshore assets, Bacton Gas Terminal, Kroonborg and Kasteelborg vessels and the Seafox4 barge campaign.

A report from Rystad Energy concludes that a surge in growth from Vaca Muerta is poised to lift Argentina’s country-wide oil production to the highest level in years, with the play’s competitiveness also rising against US basins.

Tracerco will deploy Discovery, a subsea CT scanner designed for external scanning of pipelines, for an unnamed operator.