Oil rig news

Nexans AmerCable has launched a new category in top drive services loops. AmerLink 'jacketed' loops have a mould -cured outer jacket and are lighter, more flexible, smaller and have a significantly longer service life.

Despite a slowdown in the number of rigs being added in the shale basins, output targets will be met or exceeded as producers are adding to their hedged positions, according to ESAI Energy’s recently released North America Watch.

Wireline and mud logs have confirmed 4 zones of interpreted gas saturated sandstones at field production levels (depths from approximately 1000 metres (3300 ft) to 1560 m (5100 ft).

Opportunities for digitalisation are currently being embraced by the oil and gas sector. Lundin Norway and DNV GL have developed the first step in a solution for predicting unplanned shutdowns of Lundin Norway’s Edvard Grieg production platform.

Kvaerner has been awarded a contract with A/S Norske Shell for the disposal and demolition of the Subsea Compression Pilot at Nyhamna.

Baker Hughes, a GE company has announced one of the first agreements of its kind with Twinza Oil Limited to provide fullstream support on the Pasca A gas condensate field, which is located off Papua New Guinea in the Gulf of Papua.

Centrica North Sea Limited (Centrica) has awarded HydraWell a three-year frame contract to provide plug & abandonment (P&A) technology and services for the operator’s “A Fields” in the southern part of the North Sea.

Publicly traded E&Ps and service companies are entering a Q2 earnings season anticipating a slowdown across the unconventional plays.

The Maersk Oil operated high pressure, high temperature (HPHT) Culzean development in the UK North Sea has reached a key milestone with the safe installation of all three of the project’s jackets, on time and on budget.

Independent Oil and Gas plc has announced that it has submitted the Field Development Plan to the UK Oil and Gas Authority for the Blythe Hub, which comprises the Blythe and Elgood fields.