Oil & gas news

CNOOC Well Control Centre has developed new classrooms and installed several MultiSIMs, DrillSIM:5s and DrillSIM:Educators at its training centre in Tianjin, delivered by 3t-China and simulator developer, Drilling Systems.

The Maersk Viking drillship will drill four development wells at the Gumusut-Kakap project offshore Malaysia.

Full environmental approval paves the way for the grant of a full production licence from Italy's Economic Development Ministry.

American oilfield services and equipment sector employment rose by an estimated 23 015 jobs in March, according to a report compiled by the Bureau of Labor Statistics and the Energy Workforce & Technology Council.

The discovery in Block 15/06 is estimated between 200 and 250 million barrels of oil in place.

A new integrated facilities services contract will see Wood focus on supporting TAQA’s operations across the Cormorant Alpha, North Cormorant, Eider Alpha, Harding, Tern Alpha, Brae Alpha, and East Brae assets.

Bernard Looney, CEO, said the reaching of the target was the result of "earlier than anticipated delivery of disposal proceeds combined with very strong business performance during the first quarter."

The company's multi-year, multi-well drilling campaign offshore Ghana has began with the commencement of drilling of the first well at the Jubilee Field.

Qatar Petroleum will hold a 45% participating interest in the PEL 39 exploration license pertaining to Block 2913A and Block 2914B, while Shell (the operator) will hold a 45% interest, and the National Petroleum Corporation of Namibia (NAMCOR) will hold the remaining 10% interest.

The company has received upgraded ESG and credit ratings from Sustainalytics, S&P and Fitch.