Upstream news

The contract scope includes drilling services for development and exploration wells over a three-year period.

Flow remediation specialist, Pipetech, has announced the launch of its Downhole Scale Remediation (DSR) technology. Supported by the Net Zero Technology Centre’s (NZTC) emissions reduction programme, this technology aims to redefine wellbore cleaning solutions while advancing sustainable practices.

The asset visualisation software has been extended to 20 additional bp facilities.

Diversified Energy has announced that it has entered into a definitive agreement to acquire Maverick Natural Resources, a portfolio company of EIG, for total consideration of approximately US$1275 million.

This strategic bolt-on acquisition expands CNX's existing stacked Marcellus and Utica undeveloped leasehold in the CPA region and provides an existing infrastructure footprint that can be leveraged for future development.

The agreement will support Kuva in refining and demonstrating its remote emissions investigation system across 175 oil and gas sites in the US.

Salunda has announced it has integrated its Red Zone monitoring solutions on four drilling rigs in Guyana with Intellilift’s digital technologies to deliver automated location and control of critical equipment and personnel.

The Oil & Gas Development Company Ltd. (OGDC) of Pakistan has announced enhancement of oil production Kunnar-12 and Kunnar-6 wells at the Kunnar oilfield, resulting in incremental production of 1160 bpd of oil.

ElectriGen LLC, a power-as-a-service provider, has announced it is collaborating with Hyliion Holdings Corp., a developer of sustainable electricity-producing technology, on a project aimed at reducing methane emissions in the oil and gas sector.

According to the research, two in three energy professionals say their leadership views cybersecurity as the greatest current risk to their business.