Upstream news
Australia's offshore regulator releases new Covid-19 compliance strategy
NOPSEMA is implementing a staged return to offshore inspections at oil and gas facilities in line with appropriate protocols in place to manage health risks associated with Covid-19.
API updates 4F manufacturing standard for onshore and offshore steel structures
API released the fifth edition of Specification 4F, a manufacturing standard that applies to both onshore and offshore well structures to ensure operational safety and sustainability.
Halliburton and TechnipFMC create subsea fibre optic service
The Odassea technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce total cost of ownership while improving reservoir knowledge.
Weatherford to supply Eni with non-umbilical downhole valves
The four-year contract will provide a minimum of 30 Non-Umbilical Downhole Deployment Valves (NU-DDV™) that will be deployed in Eni’s critical wells.
Oil prices largely stable as declining gasoline stocks balance Covid-19 negativity
Oil prices are largely stable today as a decline in gasoline stocks balances fear over increased Covid-19 cases in key-market countries.
Petrofac and Isker secures EPCC contract in Kazakhstan with NCOC
The contract is for new water treating facilities for North Caspian Operating Company (NCOC) in Atyrau, Kazakhstan.
Petrobras preparing open tender for Brazil's biggest ever platform
Petrobras plans to launch the leasing tender for the FPSO by the end of August.
Pemex and Talos Energy instructed to reach Zama agreement
Mexico's energy ministry has said that Pemex and Talos Energy have 120 working days to present a unification agreement to jointly develop the Zama reservoir in a way that would maximise its value.
Oceaneering to provide diverless connectors for offshore Western Australia project
Oceaneering will supply 3-in. M5 connectors, which will be used for monoethylene glycol (MEG) and chemical inhibitor (CI) service on the field subsea distribution system.
Aibel awarded Oseberg portfolio agreement for 2020 – 2026
The aim of the portfolio agreement is to ensure a holistic approach to planning and execution of projects at the Oseberg fields in the North Sea.