Oil & gas news

A selection of Scotland’s leading oil and gas research and development institutions will be heading to China next month (5 - 10 March) to strengthen ties, share knowledge and increase business opportunities with leading innovation houses in Beijing.

Shallow water projects will be responsible for over 92% of upstream CAPEX.

TAG Oil Ltd. has provided a positive update on its Pukatea-1 exploration well, which was spudded on January 24, 2018. The Pukatea-1 well is located in TAG Oil’s operated Puka permit (PEP 51135, 70% TAG Oil) in the Taranaki Basin of New Zealand.

DEA Deutsche Erdoel AG announces a significant increase of production from its oil fields in the Gulf of Suez and from the Disouq gas fields in the Onshore Nile Delta. The next phase of the West Nile Delta (WND) development is intended to contribute to the company's target. DEA plans to invest about US$500 million in Egypt during the coming three years.

The company will deliver two modules for water and chemical injection from its yard in Egersund on the west coast of Norway, while its facility in Sandnessjøen in northern Norway will supply smaller modules and a flare boom.

SDX Energy Inc., the North Africa focused oil and gas company, has provided an operations update.

The contract covers four cranes utilised on two Floating Production Offloading and Storage (FPSO) vessels, the Greater Plutonio and the PSVM, located in Blocks 18 and 31 respectively, which are situated 160 km north-west of Angola’s capital Luanda.

Heerema Fabrication Group awarded DGI Doedijns, specialist in engineered hydraulic solutions, to design and deliver the Flooding System Upend Control System for the ‘Peregrino II Jacket’.

Gastech, the global exhibition and conference at the forefront of the international gas, LNG and energy industries, is delighted to have received the Presidency of Honour from His Majesty King Felipe VI of Spain as the event arrives in Barcelona for its 30th edition.

Russian and Norwegian gas exports to Europe (including Turkey) reached 194 billion m3 and 122 billion m3, respectively, in 2017.