Oil & gas news

Roxar Tempest™ 8.2 comes with Big Loop™ extensions and greater third party integration taking reservoir engineers beyond traditional flow simulation capabilities and delivering greater project certainty through improved risk analysis.

SDX Energy Inc. has announced that it has spud its Kelvin-1X exploration well at South Disouq, Egypt.

Italian energy company Eni and US based Stone Ridge Technology announced that they have entered into a cooperative agreement designed to advance and accelerate the development of ECHELON®, SRT’s pioneering high-performance reservoir simulator.

Polarcus Limited has announced that the Company has received a Letter of Award for an XArray 3D marine seismic acquisition project in Asia Pacific.

An average capital expenditure (capex) of US$17.8 billion per year will be spent on 336 oil and gas fields in Southeast Asia between 2018 and 2020, according to GlobalData, a leading data and analytics company.

Comet Ridge Limited has advised that Easternwell’s Rig 101 is expected to be released from its present operations over the next several days, and begin its move to the Albany 1 location in the north-eastern Galilee Basin. 

PetroMarker announces that it has obtained industry support to acquire a 3D vertical multi-client EM project in the Northern North Sea.

Ardyne, the provider of innovative plug and abandonment and slot recovery technology, has been selected by Statoil for the design and development of a combined casing vibration and pulling system.

Up to 2400 Statoil workers are starting to mobilise for the hook-up and completion of the Johan Sverdrup field in the North Sea.

In this opinion piece, Azeez Mohammed, President and CEO of GE's Power Conversion business, discusses the vision of a digitalised offshore future.