Oil & gas news

The projects are in the Gulf of Mexico and the Delaware Basin.

Rival Downhole Tools (Rival), the leading provider of best-in-class drilling and thru tubing motors and tools to the upstream oil and gas industry, and Ashmin Holdings (Ashmin), announced today the issuance of two patents by the US Patent and Trademark Office

Carnarvon Petroleum Limited has provided the following update on the drilling of the Dorado-1 well.

Subsea Engineering Associates Pty Ltd (SEA) has been awarded the contract for Define Phase engineering services for the Scarborough Development Export Trunkline from Woodside Energy Limited. This will enable SEA to utilise the award-winning ICE Platform, and enable rapid delivery of engineering and a mature digital basis of design to be carried into FEED.

A total of 48 bearings and bushings were supplied in 2014 for installation to the chain stoppers of Monobuoy’s innovative 400 t turntable Calm Buoys.

The Grand Cane, Louisiana, logistic hub boasts 24/7 operations, easy access to highways and more than 10 000 t of on-site storage, with room to expand in the future.

The deal, one of the largest acquisitions in BP’s history, gives the company secure access to new projects that can contribute on a large scale to growing its production.

Scott Lehmann, Vice President of Product Management & Marketing at Petrotechnics; Dr. Mat Malladi, President of Global Business Development at Reliance; Janette Marx, Chief Executive Officer at Airswift; and Richard Ward, Senior Manager for Data Science and Digital in Oil & Gas at McKinsey Energy Insights discuss digitalisation within the oil and gas sector.

Total has reported an increase of 44% on its adjusted net profit for 2Q18. The oil and gas major said its profit for the period was US$3.6 billion, surpassing analysts’ expectations of US$3.4 billion.

The transaction is expected to close in 4Q18.