Upstream news
Fluor-led JV supports successful completion and startup of major project at Tengiz oilfield in Kazakhstan
Fluor has announced that it successfully led a joint venture that supported the completion and startup of Tengizchevroil’s (TCO) Future Growth Project (FGP) at the Tengiz oilfield in Kazakhstan.
Valeura Energy: Manora drilling update
Valeura Energy Inc. has announced the successful completion of an infill drilling campaign at the Manora field in Licence G1/48 (70% operated working interest), offshore Gulf of Thailand.
EIA: US natural gas-directed rigs decreased for second consecutive year in 2024
The decline in drilling rigs coincides with record-low natural gas prices for most of 2024 and the wider adoption of advanced drilling and completion technologies.
SLB announces launch of electric well control technologies
Global energy technology company SLB has launched EWC™ electric well control technologies.
Production monitoring with fibre optic strain, acoustics, and temperature
J. Andres Chavarria, Luna Innovations – OptaSense, USA, and Veronique Mahue, Silixa – a Luna company, UK, present an outline of available analysis tools to assess conditions in producing wells.
Thomas Oilfield launches new supply division using Vroozi procure-to-pay platform
Vroozi, the procure-to-pay platform, has announced that Thomas Oilfield has launched a new business division, Thomas Supply, built on Vroozi's P2P solution.
Expro announces over US$10 million in contracts for Black Sea project
Expro, a provider of energy services has been awarded major contracts from OMV Petrom, totalling more than US$10 million for the Neptun Deep gas project in the Black Sea.
Caterpillar Oil & Gas announces development of gas mechanical system for 100% gas-powered completions operations
Caterpillar Oil & Gas has announced the development of the Caterpillar® Gas Mechanical System (GMS), a fully integrated power solution for frac operations, utilising 100% natural gas.
Vaalco acquires 70% interest in and becomes operator of offshore Côte D’Ivoire CI-705 block
VAALCO Energy, Inc. has announced that it has farmed into the CI-705 block offshore Côte d’Ivoire.
bp and Iraq reach final agreement for redevelopment in Kirkuk
bp has reached agreement on all contractual terms with the Government of the Republic of Iraq to invest in several giant oil fields in Kirkuk providing for the rehabilitation and redevelopment of the fields.