Oil & gas news
CGG and Fairfield Geotechnologies to collaborate on developing Central Basin Platform surveys
The two companies are to acquire a series of large-scale, high-density, multi-client surveys in the Central Basin Platform (CBP) of the Permian Basin.
Saipem awarded EPCI offshore contracts
The company has been awarded contracts by Saudi Aramco, Eni and Noble Energy.
Indian Oil Corp. to import crude oil from Russia
Indian Oil Corp. will import 2 million t of Ural grade crude oil during 2020.
Stress Engineering Services and Optimum Program Ltd form joint venture
The data-driven maintenance program incorporates riser condition, usage and fatigue analysis with a risk-based inspection process.
PGNiG Norway hires Applied Petroleum Technology
PGNiG Upstream Norway AS (PGNiG) has appointed Applied Petroleum Technology to conduct post-drilling analyses of its recent Shrek discovery in the Norwegian Sea.
Equinor aims to halve net carbon intensity by 2050
Equinor has said the target is expected to be met primarily through significant growth in renewables and changes in the scale and composition of the oil and gas portfolio.
McDermott signs SURF and transportation and installation contract with BHP
The company will provide subsea umbilicals, risers and flowlines, transportation and installation, pre-commissioning of one jacket and topsides for the Ruby Project offshore Trinidad and Tobago.
Rystad Energy: UAE will still require gas imports despite Jebel Ali find
More gas discoveries are needed if the UAE is to reach its goal of becoming a net gas exporter by 2030, according to Rystad Energy analysis.
Equinor exits Thrace Basin partnership with Valeura Energy
Valeura Energy has received notification from its joint venture partner Equinor indicating that it intends to discontinue participation in the deep gas appraisal programme in Turkey's Thrace Basin.
Oxford Flow establishes US subsidiary in Houston
The flow control equipment supplier has created a US subsidiary, Oxford Flow Americas, and appointed Andy Ghiz as VP, Americas.