Oil & gas news

The company has secured two contracts, comprising work from 2018 through 2020 on the Snorre, Troll, Njord, Åsgard, Bauge, Fenja and Dvalin fields.

The well results will be used to precisely estimate the reserves and plan the development of the discovery, in which PGNiG Upstream Norway holds a 20% interest.

The alliance will allow customers to streamline the resources involved in large data-driven deployments, and TARGET’s customers will be able to extract more value from their subsurface data via Quantico’s artificial intelligence capabilities.

Following consolidation of the former OIS Ltd decommissioning personnel into InterMoor, the decommissioning team have added four further wells to the 128 they have successfully abandoned for Operators in the North Sea since 1996.

Half of oil and gas fields are not producing to expectations when onstream, and a new Westwood study shows that this is mainly due to unexpected reservoir issues.

International specialist equipment and integrated engineering services company, Sparrows Group, has secured a three-year contract with Repsol Sinopec Resources UK Limited to provide crane management services across its operating assets in the North Sea.

Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, has provided the following update relating to Sea Lion Phase 1, in the North Falkland Basin (RKH 40% working interest).

WorleyParsons will provide engineering, procurement, construction management and project management services to support QGC across the upstream and midstream facilities from the Surat Basin to Curtis Island.

TGS announces that it has obtained commercial authorisation from the Mexican regulator, Comisión Nacional de Hidrocarburos (CNH), to process its entire library of more than 30 000 wells in Mexico.  

Qatar Petroleum entered into an agreement with Total of France to acquire a 25% participating interest in the Exploration Block 11B/12B, offshore South Africa.