Oil & gas news
US oil to eclipse Russia and Saudi Arabia combined by 2025
In a major shift, the United States is set to produce more oil and liquids than Russia and Saudi Arabia combined by 2025.
NSI Technologies unveils new ‘Cloud-based’ version of hydraulic fracturing integrated software solution
StimPlan is a complete and integrated software solution for hydraulic fracture design, analysis and optimisation.
Egina starts production with TechnipFMC’s subsea systems
Total’s Egina field, located 150 km (93 mi) off Port Harcourt, kicked into production just as 2018 was winding to a close.
McDermott awarded EPC contract for Cassia Compression project
The company has announced the significant contract award by BP Trinidad & Tobago, LLC.
Eni announces start-up of new production well, offshore Angola
The company has launched a new production well in the Vandumbu field, about 350 km north-west of Luanda and 130 km west of Soyo, in the West Hub of Block 15/06, in Angola’s offshore.
SeaBird Exploration announces contract extensions
Contracts for the Voyager Explorer and the Osprey Explorer have been extended.
UKOG: completion of PEDL331 Arreton oil discovery acquisition
The company now holds an operated 95% direct interest in the licence which contains the Arreton oil discovery and the Arreton South exploration prospect.
FAR Limited: seismic survey on WA-458-P complete
The new data will be used for detailed mapping of the prospects which have been identified, leading to selection of potential candidates for drilling.
Seismos, Inc. announces US$10.5 million of new equity investment
The investment has been led by Quantum Energy Partners to drive growth and innovation.
AI tech prioritises fugitive methane leak repairs to combat climate change
Ryan Strom, Director, Fugitive Emissions at Advisian Digital, shows how AI technology can enable operators to crack down on fugitive emissions.