Oil & gas news

Royal IHC has signed up TMC Compressors of the seas (TMC) to deliver a complete marine compressed air system to the integrated reel lay vessel the Dutch shipbuilder is constructing for Subsea 7.

Spending is predicted to top in 2021, at US$20.5 billion, according to GlobalData.

Offshore Oil and Gas digitalisation software provider and systems integrator, Eigen, is delivering a new Barrier Status Panel to improve the management of operational safety on Goliat.  

The contract is part of Saudi Aramco’s multi-billion dollar Marjan Crude Increment Program; one of the company’s oil and gas mega-projects designed to enhance its energy sustainability, diversify the economy, expand gas production, and localise domestic content.

Carnarvon aims to mature the identified leads to prospects within the block, with a number of geoscience work-flows as part of the work programme, including a satellite seep survey, petrophysical reviews, burial modelling, fault seal analysis, rock physics analysis and seismic inversion of the Cygnus MC3D.

Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced that it has executed a transaction with Suncor Energy Norge AS for the sale of a 17.5% working interest in the Fenja development located in PL586 in the Norwegian Sea.

The blocks were awarded to the consortium of Total (operator, 40%), ENI (40%) and Novatek (20%) in the frame of the 1st offshore licensing round, launched by the Lebanese government in January 2017.

Exploration and Production Offshore Congress Hub (EPOCH) might be your chance to meet 200+ decision-makers.

Mayan has announced the initiation of production at the Gilbreath #19 well at Forest Hill Field, Wood County, Texas and the Morris #1 well at Stockdale Field, Wilson County, Texas.

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