Upstream news

The two companies will explore and co-innovate on areas of collaboration around sustainability, further digital transformation and AI solutions accelerating the transition to a net-zero economy, such as the deployment of low-carbon and carbon-removal technologies.

The seven-figure deal will see Sparrows’ Houston team deliver crane inspection, maintenance, testing and repair services at two onshore facilities and a platform in the Gulf of Mexico.

Rystad Energy analysis shows that the world’s top oil and gas employer, China, lost only 5.3% of its massive workforce. The toll in the US was more devastating, estimated at 11.1%, thereby faring worse than its European peers and Russia.

The campaign involves geophysical data collection, heat flow measurements, core sampling and onboard geochemical analyses, which aim to optimise future exploration activities offshore Suriname.

The Centre of Decommissioning Australia has been established by Perth-based National Energy Resources Australia (NERA) to address the challenges and maximise the opportunities of decommissioning Australia’s ageing oil and gas infrastructure.

The installation of new technology will allow the centre in Aberdeen, UK, to enhances its service offering to the oil and gas sector.

Recoverable resources at exploration well 7220/7-4 in production licence 532 are so far estimated at between 5 and 8 million m3 of recoverable oil, corresponding to 31 – 50 million bbl of recoverable oil.

Stork will continue to deliver asset management solutions and capabilities for the Armada, Everest and Lomond platforms in the central North Sea.

The second phase will expand on the phase one acquisition initiated in 2020 to add a second azimuth over CGG’s existing Northern Viking Graben 3D survey offshore Norway.

The interests to be sold are Cairn's entire 20% interest in the Catcher field and 29.5% interest in the Kraken field.