Oil & gas news

The Petrobras-led Búzios Project will be recognised at this year's Offshore Technology Conference for the use of technological advancements in extreme conditions.

Stuart Black, who joined the downhole sensing technology specialist last month (January), has more than 12 years’ experience within the energy and FMCG (fast-moving consumer goods) sectors.

The completions service company has appointed Jim McGowin to the role.

More than 6600 delegates gathered at Subsea Expo in Aberdeen, UK, this week, one of the biggest attendances on record in the event’s 15 year history.

The company recorded revenue of US$2171 million in 2019.

Archer increased its 4Q19 revenue to NOK239.7 million, an increase of 3% compared with 4Q18.

Salah is expected to a reach its targeted depth of approximately 9000 ft in late March/early April and is targeting gross P50 unrisked prospective resources of c.71 billion ft3 equivalent, as estimated by management.

Over half of respondents (57%) believe ‘duration of contract’ is the key motivation when they consider employment opportunities.

The award was made at the Subsea UK Awards gala dinner, part of Subsea Expo 2020.

The company has completed subsea installation monitoring work to support the Northern Lights carbon capture storage (CCS) project in the North Sea.