Oil & gas news
Maersk Drilling secures contracts with Repsol Exploración Mexico
The contracts are for a two-well project in Block 10 and 29 in the Gulf of Mexico.
Siccar Point Energy makes announcement on Lyon exploration well
The exploration well 208/02-1 on the Lyon Prospect in Licence P1854 in the West of Shetland, UK, has been plugged and abandoned.
DP World acquires Topaz Energy & Marine
DP World's acquisition of Topaz Energy & Marine from Renaissance Services SAOG and Standard Chartered Private Equity / Affirma Capital is for an enterprise value of US$1079 million.
TechnipFMC awarded subsea contracts for Reliance MJ1 gas field
The contracts cover the fabrication and installation of flexible risers, rigid and flexible flowlines and umbilicals.
ESAI Energy: Brazil's crude growth set for takeoff
The increase in medium crude from Brazil will be one of the few sources of non-US supply growth this year, says ESAI Energy's Latin America Watch.
Study finds Neodrill technology reduces environmental impact compared to conventional drilling
The reference well used was the Cambo Well in the UK, which was drilled by Siccar Point Energy in 2018.
Wood Mackenzie comments on PTTEP's Sarawak discovery
The discovery is estimated at 2 trillion ft3, making this the 7th largest global discovery of the year.
PTTEP makes gas discovery offshore Sarawak, Malaysia
The drilling result at Lang Lebah-1RDR2 is the Thai national oil company’s largest ever discovery.
Colorado changes regulatory structure for oil and natural gas production
Senate Bill 181, signed in mid-April and also known as Protect Public Welfare Oil and Gas Operations, amends the Oil and Gas Conservation Act and gives counties and municipalities increased regulatory authority over oil and natural gas development in their jurisdictions.
Wood Mackenzie - Digitalisation and the oilfield services sector: threat or opportunity?
Malcolm Forbes-Cable, Vice President Consulting, at Wood Mackenzie, weighs up what digitalisation can do for the services sector.