Oil & gas news
Unique Group acquires Western Advance's marine division
The company has also appointed Chris Forde as its regional vice-president for Asia-Pacific.
Mermaid Maritime incorporates UK subsidiary
The Thailand-based company intends to utilise the subsidiary as a vehicle to expand the provision of its subsea and related services into the UK North Sea.
Cooper Energy signs gas supply agreement
The company will supply O-I with 1 PJ per annum for two years commencing 1 January 2021.
Shell and Ecopetrol to develop Colombia offshore gas discoveries
Following the agreement, Shell will assume the operation of the Fuerte Sur, Purple Angel and COL-5 blocks.
Rystad Energy expects most 2020 high-impact wells to be in Africa and the Americas
Rystad Energy has predicted that of the top 30 high-impact wells to be drilled in 2020, five are located in North America, seven in South America and six in Africa.
TGS to acquire two North America onshore 3D seismic projects
The company has started acquisition of the Plains 3D seismic survey in the Northern Shelf area of the Midland Basin in Texas, US, and Ravenclaw 3D in the Edson area of Alberta, Canada.
ICR Integrity posts annual results
The company recorded underlying EBITDA of £8.8 million in 2019 (FY18 £8.7 million) after £1.1 million OPEX investment in global operations.
Total announces 4Q19 financial results
Total recorded net adjusted 4Q19 profits of US$3.2 billion despite low oil prices.
Grupo R to supply Shell with drilling rig
Grupo R is to lease the La Muralla IV platform for Shell to operate in the deepwaters of the Gulf of Mexico.
Victoria Oil & Gas signs LOI for Etinde gas supply with New Age
The LOI envisages that New Age would supply a minimum of 25 million ft3/d of gas to Gaz du Cameroun S.A. (GDC), Victoria's wholly-owned subsidiary, for the first three years, followed by a minimum of 30 million ft3/d, with the potential to increase in the future.