Upstream news
Dependably meeting demand: a future-focused approach for Norwegian oil and gas operations
By Murray Wilson, Regional Director, Nordics, Sulzer Services.
Equinor signs agreement with EQT Corp. to acquire US natural gas assets
Under the agreement, Equinor is acquiring 100% of EQT’s remaining working interest in Northern Marcellus gas units primarily operated by Expand Energy.
SLB OneSubsea awarded subsea boosting contract for bp’s Kaskida project in Gulf of Mexico
The project scope includes a supplier-led, high-pressure subsea pump solution complete with an integrated power and controls umbilical, as well as associated topside equipment.
Vår Energi enlists DeepOcean for 2025 subsea scope
DeepOcean will conduct a subsea campaign for Vår Energi next year that includes IMR services at the Goliat and Balder fields. The contract builds on several years of IMR execution by DeepOcean for Vår Energi.
Andium raises US$21.7 million in Series B funding led by Aramco Ventures to cut greenhouse gas emissions
The new capital will accelerate Andium's global expansion, including scaling operations across oil and gas basins in the US and the Middle East. It will also reduce technology and equipment costs, support ongoing research and development, and enhance the range of services Andium offers in industrial automation and emissions monitoring.
Kurita America launches dropwise condensation technology in North America
Kurita says its technology enhances heat transfer efficiency, while simultaneously reducing steam consumption, leading to decreasing fuel consumption and lower greenhouse gas emissions
LongPath Technologies finalises US$162.4 million DOE loan to expand methane emissions monitoring network
With DOE's financial backing, LongPath said its plans toll over 1000 advanced laser-based methane sensing nodes, covering up to 24 000 square miles and monitoring tens of thousands of facilities.
Epsilon announces entry into the province of Alberta through two joint ventures
Epsilon Energy Ltd. has reported the signing of definitive agreements to form a joint venture in the Garrington and Harmattan areas of Alberta, Canada, in the Western Canadian Sedimentary Basin.
EIA: US shale natural gas production has declined so far in 2024
EIA has said that total US shale gas production from January through September 2024 declined by about 1%.
Spain: production resumes at the Viura gas field with revenue expected in November
Prospex Energy said the Viura gas field has resumed production with gas flowing from the existing producing well Viura-1 ST3. Production revenues from the Viura-1B well expected in November 2024.