Oil & gas news

Flaring is currently responsible for a fifth of UK offshore oil and gas production-related carbon dioxide emissions and 1% of total UK annual CO2 emissions.

As part of its decarbonisation strategy, the company will use a Transition Technologies portfolio to address fugitive emissions, flaring reduction, electrification, well construction emissions, and full field development solutions.

According to the new analysis commissioned by the Ministry, approximately 90% of South Sudan’s oil and gas reserves remain unexplored.

Through the agreement with Medra Arabia, OSSO will provide clients with direct access to its rental fleet of equipment, along with rig site support and heat transfer solutions.

CGG has been awarded a subsurface imaging contract in the Barents Sea by Lundin Energy Norway.

The work consists of pre-laying 24 torpedo anchors offshore Rio de Janeiro, Brazil, at the Mero 2 Project.

Of the total 448 km of flexible lines required for the Marlim and Voador field revitalisation project, 280 km were contracted with NOV and 168 km with Baker Hughes.

The programme includes approximately 6175 km2 of reprocessed 3D seismic data from the mature, hydrocarbon-producing areas of South Timbalier, Grand Isle and Ewing Bank.

The latest preliminary estimates from the King and Prince exploration wells show volumes between 60-135 million barrels of recoverable oil equivalents.

Oil production in May was 4% higher than the Norwegian Petroleum Directorate’s forecast, and 1.2% higher than the forecast so far this year.