Oil & gas news

The scale of the project will require US$35 billion with the first phase costing US$6 billion representing a landmark agreement for Genoil.

ABB Ability™ enabled microgrid to support Woodside’s efforts to reduce carbon emissions and help optimise costs.

The recently drilled Mira 6 horizontal well, which ran inside the Castor coal seam for approximately 920 m and intersected the Mira 2 well at about the mid-point, came on-line and is producing water as planned.

Aker Solutions was awarded a contract from Aker BP to deliver the subsea production system for the first phase of the Ærfugl development offshore Norway.

The projects have been secured from repeat customers, Petrobras and SOFEC Inc. (SOFEC) respectively, worth a combined value of approximately S$130 million.

Production from the Peshkabir field in the Tawke licence in the Kurdistan Region of Iraq has tripled to 15 000 bpd following completion of the Peshkabir-3 well testing, stimulation and clean-up programme.

Independent Oilfield Services (IOS), Peterhead-based storage and inspection firm, is to invest £5.5million in the North-east of Scotland over the coming months.

The company has secured significant industry prefunding and has been granted the environmental permit for a broadband 3D marine seismic project in Australia.

The award recognises the high levels of safety and service quality that Weatherford has provided to Shell’s well operations throughout the year, as well as the service company’s collaborative, solutions-based approach.

Seatronics, a marine electronic equipment specialist in subsea services group Acteon, is enhancing its offering to clients in the Middle East with the appointment of Akram Ali as regional manager.