Oil & gas news
Rystad Energy: US cements position as world leader in oil reserves
The US currently holds 293 billion bbl of recoverable oil resources, according to Rystad Energy.
C-Innovation to perform riserless light well intervention for BP
The work will be performed in water depths of up to 6500 ft on different assets within the Gulf of Mexico and is currently forecasted to commence as early as July 2019.
Qualifying real time bit wear through innovative monitoring of alkenes - part one
Matt Regan, GEOLOG International, UAE, explores how the innovative monitoring of alkenes can be used to qualify real time bit wear.
New US$5 million Technology Suite installed at the University of Wyoming
The University of Wyoming has installed a new multi-million-dollar simulator suite to train the petroleum engineers of the future.
Coretrax drill pipe cleaning ball reduces rig-time cost and risk
The CX-Ball has achieved over 2000 sales within five years.
Equinor to publish CO2 storage data from Sleipner field
Since 1996, the Sleipner field in the North Sea has been used as a facility for carbon capture and storage by Equinor as operator and a group of partnering companies.
Libra Consortium takes final investment decision on Mero-2 FPSO in Brazil’s presalt
The consortium plans four new production systems to be deployed in the Mero field offshore Santos Basin in Brazil.
Well-Safe Solutions secures North Sea decommissioning contract
The decommissioning project in the Schooner and Ketch fields will start immediately with a plan to commence offshore operations at the end of 2019.
African Energy Chamber to host roadshow for Equatorial Guinea oil and gas licensing rounds in China
Earlier this year, the Ministry of Mines and Hydrocarbons of Equatorial Guinea launched the 2019 oil and gas licensing round in the country.
Tommeliten Alpha Project passes important decision gate towards production in 2024
PGNiG Upstream Norway and its partners decided to move to the select phase of the project, during which key technical decisions regarding the field development will be made.