Oil & gas news
TGS and PGS jointly acquire Dolphin’s multi-client library
This transaction will be the second strategic library acquisition TGS has concluded during the industry downcycle.
Eni reaches a record production from the field of Nooros
Eni reached a production of 128 000 boe/d in the Nile Delta offshore.
Industrial valves market to cross US$78 billion by 2021
Recovering oil prices, increasing exploration and production activities and surging investments in the refining industry are anticipated to boost global demand for industrial valves.
Zenith Energy awarded well project management contract with UK operator
Under the new contract, Zenith will be responsible for the provision of well construction and full project management services on Europa’s upcoming Holmwood-1 exploration well on the PEDL143 licence in southern England.
Nutech reports 282 million bbls OIP per square mile for Brockham-1 well in the UK’s Weald Basin
Doriemus is a partner in the planned Brockham sidetrack and will take advice from Nutech in order to provide input and suggestions to the operator.
Airswift and PCSI collaborate to mitigate financial risks of Canadian dependent contractor issues
Collaboration to enable Canadian companies to work with independent contractors and avoid dependent contractor classification issues.
Reducing the cost of well construction on the UK Continental Shelf
Industry efforts are focusing on how a reduction in core drilling costs of 50% could potentially unlock around five billion boe of known reserves over the next decade.
Aberdeen Drilling Consultants receives ISO accreditation for quality management systems
The scope of the certification includes areas such as QAMS manual control, context of the organisation, leadership, planning, support, operations, performance evaluation and improvement.
MOL Group included in the Dow Jones Sustainability Index
This places the company in the top 15% of integrated oil and gas companies based on its corporate sustainability performance.
Johan Castberg to have considerable industry spin-offs
Statoil’s impact assessment programme for Johan Castberg reveals that the project will be important to Norwegian industry and have strong ripple effects.