Oil & gas news
Rystad Energy: offshore project commitments count set for record in coming years
From the beginning of 2021 and up until the end of 2025, Rystad Energy’s exact forecast is for 592 commitments, with growth across all water depth levels.
SDX Energy secures 10-year extension to West Gharib Production Services Agreement
The extension, in which SDX has a 50% working interest, includes a commitment, irrespective of Brent price, to drill six development wells by 31 December 2022 and one water injection well.
Airswift CEO comments on industry's progress on diversity
With International Women’s Day approaching, Janette Marx, CEO at Airswift, has commented on the progress the energy sector has made on diversity.
Intoware awarded digital software contract by Shell
Intoware will deploy its digital software platform, WorkfloPlus, to help improve Shell’s operational efficiencies through industrial connected working.
Shearwater GeoServices awarded Otway Basin 3D survey
The approximately two-month survey is expected to commence in 3Q21 covering an estimated 2700 km2.
Further investment in Åsgard field announced
Just under NOK1.4 billion will be invested to further develop the field and implement the Åsgard B low-pressure project.
Baker Hughes and Akastor ASA create offshore drilling solutions JV
The company will be owned 50-50 by Baker Hughes and Akastor and will be managed from current offices in Houston, Texas, US, and Kristiansand, Norway.
Workstrings International provides drill pipe in record-breaking Gulf of Mexico flowline cleanout operation
Workstrings was called upon to supply the CTM26 drill pipe as an alternative to coiled tubing in the multi-phase project to decommission approximately 29 000 ft of 10 in. x 6 in. insulated pipeline in the Gulf of Mexico.
Imrandd awarded data analytics and integrity contract with Apache’s North Sea business
Imrandd will apply in-house data analytics software, integrity and inspection solutions to support Apache’s continued commitment to safe and efficient asset management.
Vysus Group to support upgrade and electrification of Oseberg field
The scope will see Vysus Group perform various safety studies, from hazard identification studies to carrying out consequence modelling and quantitative risk analysis.