Oil & gas news

In 2020, US initial crude oil production per well, or well production efficiency, increased significantly in the Bakken region, according to the U.S. Energy Information Administration’s Drilling Productivity Report.

Borr Drilling's Prospector-1 jack-up is expected to arrive on location in the Dutch North Sea before the end of July and to remain on contract with Kistos for approximately four months.

Subject to the result of the discussion and feasibility study, the business alliance contemplates the establishment of a joint venture company by the end of 2021.

The contract positions Petrofac to support the Clipper South complex, Leman Alpha assets, Bacton Terminal, and ONEgas Barge campaigns in the Southern North Sea.

The new digital twins of Neptune’s wells were developed using a data visualisation platform based on 3D gaming technology to enhance drilling and production efficiency, and reduce time and costs.

Harbour Energy has become a signatory to the World Bank’s ‘Zero Routine Flaring by 2030’ initiative.

The two companies, along with ADNOC Drilling, will provide rigless services across six of ADNOC's artificial islands in the Upper Zakum and Satah Al Razboot fields.

ICR will provide engineered composite repairs and weldless connectors for all of Shell's UK Continental Shelf assets.

The sale to BGP Inc. includes 18 000 nodes that will be deployed in 4Q21 on a large-scale, long-term, multi-vessel operation in the Middle East region.

Equinor and Ardyne are jointly funding the £1 million project, which will aim to develop a well decommissioning technology that will reduce the economic and environmental impacts of slot recovery and decommissioning.