Oil & gas news

Gross 2P reserves for the Taq Taq field as of 28 February 2017 are estimated by McDaniel at 59 million bbls, compared to 172 million bbls at 31 December 2015.

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has announced that operations on the 205/23-3A well are complete.

BP has announced another gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt. The Qattameya Shallow-1 exploration well was drilled to a total depth of 1961 m in water depth of ~108 m using the El Qaher II jack-up rig.

TechnipFMC has been awarded a contract by Shell Offshore Inc. for the delivery, integration, and installation of the subsea production system (SPS) and subsea riser, jumper and flowline (SURF) equipment for phase one of the Kaikias deepwater project in the GoM.

Sentry Equipment, a provider of sampling and analysis technologies, announced its redesigned Sentry® Saf-T-Vise® corrosion monitoring portfolio to now include a low-pressure, value-priced model that is hand inserted 1000 psi and below.

Royal Dutch Shell CEO Ben van Beurden is to speak at the opening plenary session at SPE Offshore Europe 2017 which is being held in Aberdeen from 5 - 8 September 2017.

Specialist pipework set-up and measurement software developer, mltech, has completed its first training contract in Shetland for engineering company, Ocean Kinetics.

Shell has reached an agreement with Assala Energy Holdings Ltd to sell 100% of its Gabon onshore interests for US$587 million. The Sale & Purchase Agreement (SPA) is subject to certain conditions which include various approvals. Closing is expected in mid-2017.

First oil began to flow at 20:00 hrs on Sunday 26 March, travelling 25 km via pipeline to the Repsol Sinopec-operated Clyde platform.

An audience of almost 500 industry professionals came together to recognise innovation, collaboration and exceptional performance within the UK offshore energy sector.