Oil & gas news

Probe Technologies Holdings, Inc., a supplier of logging and reservoir monitoring technology, has announced that Turnbridge Capital has completed a growth recapitalisation of the company alongside its experienced management team.

The UK operation of an undisclosed supermajor has awarded HydraWell a frame agreement to provide technology and services for all of the operator’s plug & abandonment (P&A) and well repair operations on the UK continental shelf.

The General Partnership (GP) has been awarded a construction contract from Husky Energy as part of the company’s West White Rose Project in Newfoundland and Labrador.

Parkmead, the UK and Netherlands focused independent oil and gas group, has announced that it has completed the previously announced acquisition of a 50% interest in the UK North Sea Licence P.2209. from Verus Petroleum (SNS) Limited.

The Taq Taq field partners have received a gross payment of US$12.24 million from the Kurdistan Regional Government for oil sales during May 2017.

This is the first seismic survey acquired there in approximately 30 years. PanamaSPAN™ is designed to provide the framework to evaluate the hydrocarbon potential of this unexplored area ahead of the anticipated inaugural license round.

Baker Hughes, a GE company has announced one of the first agreements of its kind with Twinza Oil Limited to provide fullstream support on the Pasca A gas condensate field, which is located off Papua New Guinea in the Gulf of Papua.

First gas has been exported from Cygnus Bravo, the satellite wellhead platform in the Southern North Sea’s Cygnus development, operated by ENGIE E&P UK Limited.

The company will install 80 of its intrusive MICROCOR ER probes, 48 corrosion coupon assemblies and 18 chemical injection points at two offshore fields. The company is also providing consultancy, manufacturing, in-field support and a long-term warranty.

Well-Safe Solutions will provide a ground-breaking approach to the safe and cost-efficient decommissioning of subsea wells.