Upstream news
Izomax acquires IK Engineering and IK Group US Inc.
Izomax accelerates global growth with acquisition of IK Engineering and IK Group US Inc.
DNO announces North Sea oil and gas discovery
DNO ASA, the Norwegian oil and gas operator, has announced an important oil and gas discovery in Northern North Sea license PL1182 S in which the Company holds a 40% operated interest.
Aquaterra Energy secures multi-million-dollar well intervention contract with Intrepid Energy in Nigeria
Aquaterra Energy, a leader in offshore engineering solutions, has secured a multi-million-dollar, multi-year contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria. Aquaterra Energy’s turnkey well access package will enable IEL to conduct intervention operations across multiple mature oil wells in the region, supporting enhanced reservoir production.
Equinor industrialising plugging operations on the Norwegian continental shelf
According to the plan Island Innovator will permanently plug 15 to 20 wells annually for a total of nine licences.
Ithaca Energy announces acquisition of JAPEX UK E&P Ltd, building interest in the Seagull field
The transaction, which is subject to the satisfaction of certain conditions including regulatory approval, will increase Ithaca Energy’s working interest in Seagull from 35% to 50%, equalling bp’s interest as the field operator.
bp and Iraq finalise contract for Kirkuk redevelopment
bp has received final government ratification for its contract to invest in the redevelopment of several giant oilfields in Kirkuk, in the north of Iraq.
TechnipFMC awarded major contract for Shell’s Gato do Mato development offshore Brazil
TechnipFMC has been awarded a major integrated Engineering, Procurement, Construction, and Installation contract by Shell for its Gato do Mato greenfield development offshore Brazil.
Horizon Oil: interest acquisition of 7.5% of Sinphuhorm and 60% of Nam Phong producing gas fields, onshore Thailand
The acquisition is proposed through a consortium, with Horizon to acquire 75% of the shares in Exxon Mobil Exploration and Production Khorat Inc. with Matahio Energy acquiring the residual 25% and agreeing to manage EMEPKI employees and operatorship of the Nam Phong field on behalf of the consortium.
Enteq announces successful trials of SABER Tool's build capabilities
Enteq Technologies, the specialist energy services engineering and technology company, has successfully completed its latest round of trials for The SABER Tool, its Rotary Steerable System (RSS) technology, at Catoosa Test Facility. This phase validated engineering improvements made following previous testing.
Low risk, high rewards
Jeff Forsyth Jan Frieling and Fraser Smith, StimStixx, Canada, explore working with in-situ acid generation for oil and gas with opportunities in carbon capture and geothermal well stimulation.