Oil & gas news
Directa Plus completes successful Grafysorber® field test with OMV Petrom
Directa Plus plc has announced the completion of industrial field testing of Grafysorber® at an oil treatment plant of OMV Petrom.
GlobalData: Over US$25 billion will be spent on Nigeria’s upstream capex to 2020
An average capital expenditure (capex) of $8.4bn per year will be spent on 249 oil and gas fields in Nigeria between 2018 and 2020.
Rystad Energy Release: US oilfield services have more to lose compared to Chinese peers during current trade tensions
US and Chinese based oil & gas steel fabricators have been some of the first companies within the industry to be impacted by the countries playing high-stakes poker through targeted tariffs, Rystad Energy research shows.
SM Energy announces agreements to sell additional non-core assets
The non-core assets are to be sold for US$292 million, coring up and bringing down net debt.
Quorum to acquire Canadian software company Entero
Expands portfolio to cover more of the energy value chain than any other oil and gas software provider.
DOF Subsea contract awards in the Atlantic region
DOF Subsea has been awarded various contracts in the Atlantic region, securing utilisation for vessels and personnel in the Subsea/IMR Projects segment.
FluidOil: Mexico joint venture supports VHTL commercialisation strategy
The independent international heavy oil technology company has concluded an agreement to form a new Joint Venture in Mexico, to advance the commercialisation of its VHTL upgrading technology in the country.
EnergySys successfully delivers BP lower 48 Implementaion
The deployment to BP Lower 48 provides hydrocarbon accounting for approximately 10 000 onshore gas and liquid wells over six operating areas in North America.
New format for OPITO’s safety & competence conference in KL
Free to attend, OPITO Global will build on the successes of the previous one-day conference and exhibition, formerly known as OPITO Safety & Competence Conference (OSCC).
Halliburton drill bit optimises cutter layout for increased durability and drilling speed
The Stega™ drill bit has an efficient layout design that optimises the placement of back-up cutters to improve bit durability without decreasing drilling efficiency or rate of penetration (ROP).