Oil & gas news
New CGG GeoSoftware technology drives greater E&P efficiency
Recent developments bring new capabilities within each individual solution while offering increasingly integrated workflows from geology and geophysics to reservoir engineering.
OSRL and CEDRE sign Letter of Cooperation
The agreement will see the two companies focus sharing of technical expertise in relation to spill preparedness and response.
RevEnergy introduce hydrogen sulfide mitigation system
The system treats to 4 ppmw with no volume loss, no chemical contamination and no emissions.
OGIC to strengthen innovation ties with China
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.
GlobalData: Over US$58.5 billion will be spent on North Sea’s upstream CAPEX by 2020
Shallow water projects will be responsible for over 92% of upstream CAPEX.
TAG Oil updates Pukatea-1 exploration well
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 boosts oil and gas production in Egypt
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.
Aker Solutions to deliver modules for Johan Castberg FPSO
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 provides update on operations in Egypt and Morocco
SDX Energy Inc., the North Africa focused oil and gas company, has provided an operations update.
Sparrows Group awarded three-year crane and deck services contract by BP in Angola
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.