Oil & gas news
Aker BP investing in technology for increased recovery
Aker BP has invested in and acquired a 17 % stake in the company Fishbones AS. Fishbones is an unconventional stimulation technology applied to increase the production rates in tight reservoirs.
Otto Energy: SM 71 update - drilling ahead
SM 71 F2 drilling ahead at 4895 ft MD after setting 10 3/4 in. surface casing at 3685 ft MD. Drilling is proceeding according to plan and the well will reach TD prior to the end of December.
US leads the top ten countries by crude reserves, says GlobalData
Unconventional oil reserves across the top ten countries stand at 9.2% (45.8 billion barrels), oil sands reserves stand at 6.7% (33.3 billion barrels), and heavy oil represents 4.5% (22.2 billion barrels) of all remaining reserves.
Ampelmann offers solution to meet new lifeboat safety regulations
The oil and gas industry has just 18 months to upgrade critical release hook systems on offshore lifeboats to meet new regulations imposed by the International Maritime Organisation (IMO) to improve safety at sea.
Repsol Norge selects Atkins to design Yme structural remediation
Atkins has been awarded a contract with Repsol Norge AS (RNAS) to provide structural front end engineering design (FEED) and detailed design services for the remediation of the Yme asset in the Norwegian Central North Sea following completion of Repsol’s project sanction.
Trelleborg finalises acquisition of Automated Dynamics
Trelleborg has, through its business area Trelleborg Sealing Solutions, fully acquired US-based privately-owned Automated Dynamics, an advanced composite components manufacturer.
Reveal Energy Services delivers first near real time DiverterSCAN technology results
Reveal Energy Services has announced that it has produced and delivered the first near real-time DiverterSCAN technology results, which allowed an operator to identify a diversion design that enhances hydraulic fracturing fluid distribution.
Tendeka secures OGTC funding for technology testing
Independent global completions service company Tendeka has been awarded funding from the Oil & Gas Technology Centre to advance further field testing of its wireless intelligent completions technology, PulseEight.
Energean awarded five exploration licences, offshore Israel
The new licences provide further exploration potential around the Company’s Karish and Tanin development.
ABB: Subsea variable speed drive completes successful shallow water test
Test subjects variable speed drive (VSD) to simulated harsh subsea environment proving reliability of concept as Joint Industry Project team pushes boundaries of traditional product development.