Oil & gas news
CNOOC makes discovery in Bohai Bay
The discovery well Kenli 10-2-4 was drilled and completed at a depth of 1520 m, and encountered oil pay zones with a total thickness of approximately 27 m.
Hurricane Energy anticipates Lancaster 2021 production towards upper end of guidance
The company continues to forecast that average production for the year is expected to remain within the range of 8500 - 10 500 bpd.
Lukoil enters BP project offshore Azerbaijan
Lukoil has acquired a 25% participating interest in the Shallow Water Absheron Peninsula exploration project.
Suriname offshore appraisal well plugged and abandoned
Appraisal drilling at Keskesi South-1 on Block 58 offshore Suriname encountered non-commercial quantities of hydrocarbons.
Equinor and Rosneft to cooperate on carbon management
Equinor and Rosneft will work to develop low carbon solutions and reduce the carbon footprint from joint projects.
TGS and PGS complete seismic acquisition season offshore Canada
The newly acquired data provides 3D data coverage to complement the existing 2D grid, enhancing geological and geophysical insights to explorers offshore Newfoundland.
GlobalData: oil-producing countries could lose up to US$82 billion a year due to global gas flaring
Some of the biggest gas flarers, accounting for over 87% of all flared gas in 2020, were Algeria, Angola, Indonesia, Iran, Iraq, Libya, Nigeria, Malaysia, Mexico, Russia, the US and Venezuela.
Parker Wellbore launches with plans for expansion into new markets
The company is aiming to expand into new markets, geographies, and sectors to provide advanced subsurface wellbore construction solutions.
SPE paper shows drilling the rig on a simulator boosts human performance
A Petronas project and resulting SPE paper shows how combining human factors training with technical training can significantly improve the performance of drilling crews and reduce human error.
Sercel awarded seismic equipment contract in North Africa
Sercel will supply land seismic equipment for a 3D mega-crew survey in North Africa.