Upstream news
Oil declines on new Covid-19 restrictions
Oil prices fell today on bearish Covid-19 news, but anticipation of the OPEC+ meeting and crude inventory draws still provide support.
Stork awarded maintenance contract by Shell & Esso JV
Stork will provide all daily maintenance and rapid response services as well as deliver engineering, project and turnaround-related services for three onshore production areas in the Netherlands.
Weatherford achieves ultra-deepwater sidetrack record
Weatherford achieved the industry’s first 12 ¼-in. casing sidetrack, delivering a 22 ft window in a single trip for an ultra-deepwater well in the Gulf of Mexico.
OPEC+ pledges to ensure oil prices do not plunge again
OPEC's Secretary General has said that the OPEC+ alliance will ensure oil prices do not plunge steeply again when it meets to set policy at the end of November.
Equinor and Microsoft collaborate on Northern Lights carbon capture and storage value chain
Equinor has signed a Memorandum of Understanding with Microsoft to explore ways to support the Northern Lights carbon capture and storage project as a technology partner.
CGG starts Walker Ridge reimaging programme
The Walker Ridge programme covers approximately 300 OCS blocks including two priority areas of significant industry interest.
Enpro Subsea enables safe removal of ‘attic’ oil from Brent Bravo’s concrete cells
Enpro’s technology enabled the safe access and removal of ‘attic’ oil from concrete storage cells at the base of the Brent Bravo platform in 140 m water depth.
NTS Group acquires Amega West Services
NTS Group has acquired Amega West Services from Carpenter Technology Corporation.
Touchstone makes natural gas discovery at Chinook
Wireline logs indicated significant natural gas pay totalling approximately 589 net ft at the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago.
Wood secures US$75 million Mariner contract with Equinor
Wood has entered into a three-year agreement to deliver operations, maintenance, modifications, and offshore services.