Oil & gas news
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.
SNC-Lavalin and Saudi Aramco sign MoU supporting in-country opportunities
The MoU supports Saudi Aramco’s In-Kingdom Total Value Add programme, which applies to Saudi Aramco suppliers and drives the localisation of oilfield services and equipment value chain, to strengthen and diversify the Saudi economy.
BP supercomputer now world’s most powerful for commercial research
BP has announced that it has more than doubled the total computing power of its Center for High-Performance Computing (CHPC) in Houston, making it the most powerful supercomputer in the world for commercial research.
Petrofac awarded contract for Khazzan
Petrofac has been awarded a lump-sum contract worth approximately US$800 million by BP for the Phase 2 central processing facility (CPF) at the Khazzan Phase 2 (Ghazeer) gas development in the Sultanate of Oman.
Halliburton introduces new family of shaped cutter drill bits
Halliburton has announced the release of Geometrix™ 4D Shaped Cutters, a line of four distinct geometric profiles to help improve cutting efficiency and increase control to reduce drilling costs.
Wood provides construction and project management services to Discovery DJ Services in Niobrara shale
The multi-million dollar project includes the recently completed project management, fabrication and construction of approximately 60 miles of 12 in. and 8 in. pipeline for the gathering system.
Bibby Offshore completes multi-million pound contract with Maersk Oil UK
Bibby Offshore, a leading subsea services provider to the oil and gas industry, has successfully completed a multi-million pound contract with Maersk Oil UK, providing both subsea structure and pipeline inspection support in the UKCS.
Vallourec considers divesting its 'Drilling Products' business
Vallourec has announced that after negotiations run with the US oil services company National Oilwell Varco (NOV), it has received a binding offer for the purchase of Vallourec Drilling Products business, for a total cash amount of US$63 million.