Oil & gas news

Statoil and Total have completed their previously announced transaction whereby Statoil has acquired Total’s equity stakes in, and taken over the operatorships of, the Martin Linge field and the Garantiana discovery on the Norwegian continental shelf.

Qatar Petroleum has selected Chiyoda Corporation of Japan to execute the Front End Engineering and Design (FEED) of the onshore facilities of the North Field Expansion.

INPEX CORPORATION announced that through INPEX Browse E&P Pty Ltd (INPEX Browse), a subsidiary, it was individually awarded an exploration permit for Release Area WA-533-P (the Block) as Operator in Australia’s 2017 Offshore Petroleum Exploration Acreage Release.

Anglo African Oil & Gas plc, an independent oil and gas developer, announced that Petro Kouilou, its 100% owned subsidiary in the Republic of the Congo, has finalised a contract with leading oil services company Schlumberger Limited to supply support services for the drilling of the new TLP-103 well on its 56% owned Tilapia oil field ('Tilapia') in the prolific Lower Congo Basin. 

Airswift, the global workforce solutions provider for the energy, process and infrastructure sectors, has expanded operations with a new office in Kota Kinabalu, Sabah, Malaysia.

The review centred on strengthening the alignment between variable remuneration outcomes and shareholder experience.

The play opening billion-barrel Jubilee oil discovery in Ghana in 2007 triggered a decade of exploration drilling chasing analogues in the deep water Central Atlantic margins.

Dutch floater specialist SBM Offshore has awarded TMC Compressors of the Seas (TMC) a contract to supply the marine compressed air system for the FPSO destined for the Liza project.

Lamprell provides an update on its participation in the joint venture (JV) with its partners, Saudi Aramco Oil Company, the National Shipping Company of Saudi Arabia, and Hyundai Heavy Industries Co. Ltd., for the establishment of the major maritime yard at the Ras Al Khair site in eastern Saudi Arabia.

This article from Dave Bucior, Business Development Manager for Tracerco's Reservoir Business, examines how useful reservoir surveillance technology has become for pinpointing the appropriate location for a well to be drilled.