Upstream news

The acquisition comprises a controlling (60%) interest in the Q10-A offshore gas field together with interests in a suite of offshore exploration and production licences in the Dutch North Sea.

The partnership allows iMbokodo, a women-led company, to advance energy exploration throughout Southern Africa with a focus on empowering local community development alongside every upstream project.

The reductions in flaring follow increased focus by the UK's Oil and Gas Authority, which started benchmarking performance in 2020 and now also publishes data every month.

The combination brings together two companies with decades of experience in well construction, well flow management, subsea well access, well intervention and production services.

Under the terms of the agreement, ADNOC and Petronas will jointly explore opportunities for collaboration in the exploration, development, and production of conventional and unconventional hydrocarbon resources in the Emirate of Abu Dhabi.

Based in Houston, Texas, US, Neil McBride will be responsible for expanding FourPhase's global client base from the company's offices on Westheimer Road.

The company has completed a top-hole batch drilling campaign for five wells for Sabah Shell Petroleum Company’s Malikai Phase 2 Project.

The two full length strings of DualLink, a next generation wired drill pipe, are due to be manufactured in Norway, starting in 2021 for use on Nabors rigs in US land applications.

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.