WoodMac: Rise in new players in Southeast Asia's upstream sector
Conglomerates and domestic independents among most active resource acquirers in region.
Browse the latest upstream news news and articles.
Conglomerates and domestic independents among most active resource acquirers in region.
A first-hand experience of what is involved in helicopter safety training, simulated crane operations and subsurface field engineering are some of the activities secondary students from Aberdeen and Angus are part of during OPITO’s three-day Industry Awareness programme.
CORTEC, a leading manufacturer of high quality API chokes, valves and manifolds, has introduced its new CRV26 Pressure Relief Valve (PRV).
Gardner Denver Petroleum & Industrial Pumps, the only total solutions provider to the drilling, well servicing and frac pumps market, has announced the opening of Gardner Denver Oklahoma City.
This plug and play solution is specifically designed to integrate a Frame 9 gas turbine in an air-conditioned module with dimensions considered very stringent for this technology configuration.
The contract is for the provision of platform drilling services and has an initial term of 3 years with an option to extend by a further two years.
Aberdeen-headquartered casing and completion technology business, Deep Casing Tools, has appointed a new Region Manager for the Middle East division of the company. Based in the UAE, Neil Hathaway will lead the company’s growth strategy in the region.
The company has announced the acquisition of an additional 20% interest in the highly prospective 36.5 km2 West Rustavi licence in Georgia, increasing its working interest (‘WI’) to 25%.
The oil and gas industry has vastly accelerated the pace of approving investments for new projects over the past 18 months. New facilities worth more than US$110 billion have been approved for development since the beginning of 2017, versus only US$50 billion in 2016.
Equinor Energy AS, operator of production licence 120, has completed the drilling of wildcat well 34/8-19 S.
Oilfield technology firm Airborne Oil & Gas has commenced a qualification of a TCP Riser for deepwater and dynamic applications for a major operator in South America in collaboration with Subsea 7, effective 26 June 2018.
IKM have announced that Equinor has awarded IKM Subsea a services contract for ROV’s on at the Johan Sverdrup platform commencing Q3 2018.