Oil & gas news

TWI and DNV GL are aiming to address the significant challenge of corrosion in downhole tubing and casing applications in the oil and gas industry.

The new phase of the project, based on the successful completion of a design study last year, will include the design, build and test of enabling technologies that are the backbone of Upwing’s Magnetic Drive System concept for a reliable and retrievable electric submersible pump.

Oil prices fell further this morning, as traders priced in the latest bits of concern about stock builds and the Covid-19 infections surge.

Efforts to find an additional partner for the drilling of the next well in blocks A2 and A5 are ongoing, with FAR working to conclude a farm-out before the restart of the drilling operations.

The platform enabled the customer to automate production monitoring, analysis, and optimisation asset-wide for 1700 electric submersible pump wells.

The agreement also establishes a framework where Proserv and Dril-Quip may pursue joint marketing and collaboration efforts, with Dril-Quip providing subsea trees and Proserv providing subsea controls.

The field will be redeveloped by installing a new wellhead platform tied in to the Valhall field centre.

The award to DeepOcean covers project management, engineering, construction and offshore installation activities.

The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for wells 6607/12-4 and 6607/12-4 A .

Neptune Energy have announced the safe removal of the L10-C, L10-D and L10-G platforms from the Dutch sector of the North Sea.