Oil & gas news

PETRONAS and its petroleum arrangement contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion boe of new resources for Malaysia in 2023.

DNV has issued a Statement of Qualified Technology for Strohm’s 6 in. EGF-PE pipe, as per the DNV-ST-F119 standard, for its use as a flowline or jumper in deep waters.

International subsea equipment rental and solutions company Ashtead Technology has expanded its mechanical solutions service offering with the acquisition of ACE Winches.

Government, regulators and industry chiefs gathered in Aberdeen on 29 November to discuss the outlook for investment in the North Sea following several strong votes of confidence in the basin.

Hughes Subsea, an OEG Group company, secured a contract to deliver daughter-craft diving services for the Anasuria FPSO, positioned 175 km east of Aberdeen.

The company has appointed Herwin Cruz as Regional VP for Latin America covering Drilling, Well Intervention, Production Enhancement and Fire Protection Services.

Adrian Lara, Principal Analyst at Wood Mackenzie, comments on the election of Javier Milei as President of Argentina, and the impact this may have on the country’s oil upstream industry.

Saipem has been awarded two offshore contracts, one in Guyana and the other in Brazil, worth approximately US$1.9 billion.

The company will continue to provide operations, maintenance, modifications and offshore services on the Mariner A platform and Mariner B floating storage unit.

By implementing the company’s CwD services, Hunt Oil reduced the number of runs required, with a saving on time and cost.