Oil & gas news
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.
Subsea controls deals boost Proserv at start of 2020
The company secured contracts in the Gulf of Mexico and the North Sea during the second half of 2019.
Infinity and Legasea form strategic alliance for offshore topside and subsea projects
The alliance will provide clients with an integrated service across a wide range of complex projects in the UK North Sea and internationally.
Norway may limit access to Arctic resources
Norway may restrict oil firms’ access to offshore resources in the Arctic by moving the so-called ice edge, a line that sets a legal limit on the extent to which companies can go north in search of oil.