Upstream news

The facility will provide simulations which re-create conditions within production and injection wells that will assist clients to not only maximise the absolute recovery, but increase the economic recovery of a field.

The project will see the partnership provide evidence-based analysis into the current oil and gas skills training of Mozambican Technical and Vocational Education and Training (TVET) institutions and compare this to international standards to identify any existing gaps.

Under the theme of Innovative Energy Solutions, delegates to the event can expect a packed four-day programme with over 500 expert speakers sharing their insights into current industry trends, as well as creative solutions and best practices to address industry challenges.

OGUK has stated that securing and sustaining investment in the sector is now critical to help the UK quickly realise a net-zero future.

Samotics, a provider of AI-driven predictive analytics, has appointed Jeroen van der Veer as an advisor.

Oil prices are declining today as the market fears crude stock levels in the US could rise again and as the speed of the global oil demand recovery is under threat amid Covid-19 vaccination campaign setbacks.

The jack-up rig SWIFT 10 will be used to perform a plug and abandonment (P&A) campaign in the Dutch and German North Sea this summer.

OGUK Sustainability Director Mike Tholen has responded to a story published recently in The Sunday Telegraph which suggests UK ministers are considering declaring the beginning of the end for the North Sea oil industry with a ban on new exploration licences.

Ken Park, Clinical Director, TAC Healthcare Group, has outlined best practices around virus protection for workers on offshore platforms.

UK Continental Shelf operators must demonstrate to the Oil and Gas Authority a commitment to reducing greenhouse gases, and the OGA will monitor performance closely through an annual stewardship survey, performance benchmarking and tier reviews.