Upstream news

The new company will be known as HMH, and Baker Hughes and Akastor will own equal equity.

Shell's remaining assets in the Mars corridor in the Gulf of Mexico, Mars and Ursa, remain shut in.

Petrobras' share of production from the fields in the first half of 2021 was 11.3 thousand boe/d.

Operations included removing the 1280 metric t topside and the 3019 metric t jacket before transportation to the AF Environmental Base in Norway for recycling and reuse.

The collaboration initiative will aim to enable faster, lower cost validation and qualification of new technologies to deliver future well P&A programmes or campaigns.

Varying in duration from 18 months to 3 years, the contracts have a combined high six-figure value.

SPIE Oil & Gas Services will provide Process Automation Systems integration services for its subsea gas compression system for the Jansz-Io field, offshore Western Australia.

The company has signed deals including a 12-month production chemistry agreement with a North Sea FPSO operator worth a seven-figure sum, a chemical testing project for Vedanta (Cairn India) in India and a water injectivity study for SNEPCO, the operating arm of Shell in Nigeria.

The combined company has assumed the Expro Group Holdings N.V. name and will begin trading on the New York Stock Exchange on 4 October 2021 under the ticker symbol “XPRO”.

The potential joint offer will include digital solutions developed by PGNiG as a part of the company’s 'Smart Field' programme.