Oil & gas news
Halliburton breaks ground on first oilfield specialty chemical manufacturing reaction facility in Saudi Arabia
Upon the plant’s completion in 2020, Halliburton will begin local manufacturing of specialty chemicals to help customers achieve production and reliability goals in applications from the reservoir to the refinery.
CGG announces new GeoSoftware releases with cloud-ready machine learning capabilities
Jason 10.0, HampsonRussell 10.4 and PowerLog 10.0 also feature advanced machine learning capabilities and greater cross-product integration.
Equatorial Guinea moves toward joining the Extractive Industry Transparency Initiative
The endorsement follows a decade of efforts by Equatorial Guinea to join the initiative, which seeks to address key governance issues of transparency and accountability in the extractive sectors.
Rystad Energy: Global decommissioning set to hit record US$36 billion over the next 3 years
Several hundred offshore oil and gas wells could cease production by 2021 in the face of today’s bearish oil market.
United Oil & Gas PLC: CPR upgrades offshore Jamaica prospect to 229 million bbls on Tullow Oil-operated licence
United Oil & Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, has announced the results of an independent Competent Person’s Report prepared by ERC Equipoise Ltd covering the Walton-Morant licence, offshore Jamaica.
Oceaneering awarded integrity management programme for Total’s Tyra Redevelopment project
The company’s scope includes the full development of Tyra’s integrity management programme, developing risk-based assessments (RBAs) that will enable effective and optimised inspection and monitoring.
Eco contracts Stena Forth drillship to drill Orinduik block, offshore Guyana
The contract with Stena secures the rig for transport at the end of May, targeting a June 2019 spud date.
DOF Subsea and TechnipFMC announce commencement of contract with Petrobras
The Skandi Olinda, a Brazilian-flagged flexible lay and construction vessel owned by the joint venture formed between DOF (50%) and TechnipFMC (50%), has commenced its 8-year charter contract with Petrobras.
Xage introduces universal access control for industrial operations
Xage Enforcement Point extends network security to individual devices, protecting millions of previ-ously exposed IIoT machines and legacy control systems.
Spectrum announces Argentine Colorado basin multi-client 2D seismic survey
This new programme ties with Spectrum’s existing 35 000 km survey that was acquired in 2017 for the ongoing first offshore licensing round.