Oil & gas news
Weatherford launches reservoir monitoring solution
ForeSite® Sense shows, in real-time, the critical downhole data that determines profit: pressure, temperature and flow.
Chrysaor and Premier Oil agree merger
The merger creates the British North Sea's largest oil and gas producer.
LYTT: industry losing out on billions due to underutilised in-well fibre optic technology
LYTT has claimed that production benefits of hundreds of millions of dollars per asset can be realised through the use of in-well fibre optic technology when the vast amounts of data produced are managed and translated rapidly into actionable insights.
Odfjell Drilling chosen for Breidablikk drilling project by Equinor
A letter of intent has been issued to Odfjell Drilling and the Deepsea Aberdeen rig for drilling of 15 wells for the Breidablikk group.
Lundin Energy acquires Barents Sea portfolio from Idemitsu Petroleum Norge
The transaction gives Lundin Energy a 10% working interest in the major Wisting oil discovery.
Weir Group to sell oil and gas division to Caterpillar
Weir Group has agreed to sell its oil and gas division to Caterpillar for US$405 million.
Novosound launches new NDT products
Scottish start-up Novosound is aiming to disrupt the way the NDT market operates across the oil and gas, renewables, and energy sectors.
Four Equinor fields in the North Sea shut down by strike
Equinor has conducted a controlled closure of the Gudrun, Gina Krog, Kvitebjørn and Valemon fields.
NOV launches electric fracturing fleet
The Ideal electric frac fleet aims to reduce greenhouse gases and make a substantial impact on total cost of ownership for operators.
VAALCO Energy announces seismic survey for Etame Marin block
The company will begin acquiring and processing new 3D seismic data in 4Q20.