Oil & gas news
Polarcus awarded two projects offshore South America
Polarcus Limited has announced that it has received two Letters of Intent from two undisclosed clients for two additional marine seismic projects offshore South America.
Subsea Integration Alliance awarded deepwater integrated EPCIC contract in GoM
The contract awarded by Murphy E&P is to deliver industry’s longest deepwater subsea multiphase boosting tieback.
CGG achieves near real-time Imaging for offshore Morocco survey
CGG has announced the delivery of near real time imaging results for a 4200 km2 BroadSeis 3D marine seismic survey acquired offshore Morocco.
Faroe Petroleum: completion of acquisition of Norwegian production assets
Faroe's new asset acquisition broadens and strengthens its production base offshore Norway.
Statoil: well positioned for a low-carbon future
“In a low-carbon future, we need oil & gas producers who can deliver energy at low cost, with low emissions. Therefore, the NCS will become even more attractive and important,” says Statoil CEO Eldar Sætre.
N-Sea and University of Strathclyde collaborate for innovative subsea project
Funding has been secured to research automation solutions for subsea pipeline inspections.
WellAware partners with Halliburton
Company also introduces integrated radio and controller for oil and gas production.
Polarcus provides Q4 and full year 2016 update
The company expects to report a prefunding level of 120% for the full year 2016, down from previously guided 150%.
BP announces start of drilling on new carboniferous prospect
The well will test the potential of the deep carboniferous age horizon reservoir.
Apex International Energy awarded first blocks in Egypt
The company has been awarded Block 8 and 9 within the Abu Gharadig Basin in Egypt's Western Desert.