Oil & gas news

Gardner Denver’s newest facility will be fully stocked with aftermarket drilling supplies, including consumables and modules, 24/7 field service and customer support.

A response to operators’ desire to increase performance while decreasing costs, it enables operators to bring traditional service spend in-house, driven by Airswift and its contractors.

Oil Plus Ltd, a specialist global oil and gas consultancy has secured contracts worth more than US$1.5 million over the past three months and has significantly expanded its footprint in the Middle East.

Petróleo Brasileiro S.A.’s (Petrobras) liquids production is expected to grow to 2.7 million bpd by 2021.

Aker BP ASA, operator of production licence 790, has concluded the drilling of wildcat well 34/2-5 S. The well is dry.

Unit costs up 2% whilst operating cashflow rebounds and balance sheets strengthen.

The major workover programme follows the success of the four well workover programme conducted in Q4 2017

The well was drilled to the depth of 710 m RT (below Rotary Table) and surface casing was run and cemented to 708 m RT.

The contract is for the provision of drilling operations, maintenance services and engineering support for the Oseberg and Kvitebjørn fields.

BP and state-owned Brazilian oil company Petrobras have announced that they have signed a memorandum of understanding to form a strategic alliance to jointly explore potential business opportunities both in Brazil and beyond.