Oil & gas news

Rystad Energy research indicates Santos’s Ande-Ande Lumut (AAL) project in Indonesia’s NW Natuna Sea, which holds 107 million boe, could comprise around 20% of the 2017 sanctioned volumes in the APAC region.

Jumpstart has urged firms in Scotland to seize the opportunities arising from decommissioning in the North Sea.

International energy logistics provider Peterson has obtained the Energy Management Standard ISO 50001 for the Offshore Group entities in the United Kingdom, the Netherlands, Malta and Trinidad & Tobago.

JD has been awarded a major steel tube umbilical contract by Cameron Ltd, on behalf of operator ONGC, for the 11 Wells of Western Offshore project.

The company has announced that it will supply one ProDry™ unit for the Troll B ZMP Project. ProSep’s project scope of supply – awarded through Aker Solutions – began in January 2017 and is expected to last approximately five months.

The Red Tank multi-client survey will be in the heart of the New Mexico portion of the Delaware Basin. This high-resolution 3D survey adds more than 300 square miles to the company’s regional contiguous database of 3000 square miles.

Eni’s CEO, Claudio Descalzi, Bob Dudley, CEO of BP, and the Egyptian Minister of Petroleum, Tarek El Molla have signed a deed completing the sale to BP of a 10% stake in the Shorouk concession, offshore Egypt.

Tamarind, based in Kuala Lumpur, Malaysia, will pay New Zealand Oil & Gas US$750 000 in exchange for all shares in its Tui holding company, Stewart Petroleum.

The EIA’s Annual Energy Outlook 2017 Reference case projects that US tight oil production will increase to more than 6 million bpd in the coming decade, making up most of total US oil production.

The facility supports managed pressure drilling operations in the North Sea.