Oil & gas news
FutureOn and Rystad energy launch cost estimation tool for energy industry
FutureOn and Rystad Energy have launched a collaborative digital tool which integrates up-to-date cost estimation with live project data for energy developments. This enables accelerated project delivery and efficiency for customers across the energy supply chain.
DTEK purchases STRYDE seismic system for Ukraine oil and gas exploration
The new contract will see STRYDE deliver its portable and agile nodal system to support the operator with oil and gas exploration, enabling cost-effective operations with a quicker project turnaround.
THREE60 Energy secures BW Offshore contracts
THREE60 Energy has secured two engineering and construction contracts with global offshore floating energy solutions provider, BW Offshore.
Marlink connects seismic survey vessel Ramform Hyperion for large scale data upload
The smart network and digital solutions company, has upgraded the smart hybrid VSAT installation on the seismic research vessel Ramform Hyperion to provide an uplink speed of more than 250 megabits per second (Mbps) using GEO VSAT.
API calls on Congress to repeal IRA’s methane fee
The American Petroleum Institute (API) has released the following statement from API Senior Vice President of Policy, Economics and Regulatory Affairs Dustin Meyer after the US Environmental Protection Agency (EPA) have proposed a rule to establish a fee on methane emissions.
Fishbones and Aker BP launch project to extend reservoir reach by 50%
The project will focus on the development of extended reach needles; small diameter laterals that penetrate the reservoir to increase hydrocarbon recovery.
Wood Mackenzie comments on Chesapeake and Southwestern merger
Alex Beeker, Research Director, Corporate Research for Wood Mackenzie, addresses Chesapeake Energy and Southwestern Energy’s merger and formation of a new US$24 billion natural gas company.
APS introduces water treatment technology for oil and gas industry
Adaptive Process Solutions (APS) has introduced a new product to the market which will help oil and gas producers increase productivity while improving the environmental footprint of their produced water treatments.
Union Jack Oil shares net revenues achieved to date
The company has announced that material net revenues in excess of US$18 000 000 have been achieved from the Wressle hydrocarbon development, located within licences PEDL180 and PEDL182 in North Lincolnshire on the western margin of the Humber Basin.
Cairn Oil & Gas submits plan to begin production from Gujarat block
Cairn Oil & Gas has submitted a field development plan to produce more than 2000 boe/d day from its Jaya block.