Upstream news
TGS to acquire two North America onshore 3D seismic projects
The company has started acquisition of the Plains 3D seismic survey in the Northern Shelf area of the Midland Basin in Texas, US, and Ravenclaw 3D in the Edson area of Alberta, Canada.
ICR Integrity posts annual results
The company recorded underlying EBITDA of £8.8 million in 2019 (FY18 £8.7 million) after £1.1 million OPEX investment in global operations.
Total announces 4Q19 financial results
Total recorded net adjusted 4Q19 profits of US$3.2 billion despite low oil prices.
Grupo R to supply Shell with drilling rig
Grupo R is to lease the La Muralla IV platform for Shell to operate in the deepwaters of the Gulf of Mexico.
Victoria Oil & Gas signs LOI for Etinde gas supply with New Age
The LOI envisages that New Age would supply a minimum of 25 million ft3/d of gas to Gaz du Cameroun S.A. (GDC), Victoria's wholly-owned subsidiary, for the first three years, followed by a minimum of 30 million ft3/d, with the potential to increase in the future.
CGG and Fairfield Geotechnologies to collaborate on developing Central Basin Platform surveys
The two companies are to acquire a series of large-scale, high-density, multi-client surveys in the Central Basin Platform (CBP) of the Permian Basin.
Saipem awarded EPCI offshore contracts
The company has been awarded contracts by Saudi Aramco, Eni and Noble Energy.
Indian Oil Corp. to import crude oil from Russia
Indian Oil Corp. will import 2 million t of Ural grade crude oil during 2020.
Stress Engineering Services and Optimum Program Ltd form joint venture
The data-driven maintenance program incorporates riser condition, usage and fatigue analysis with a risk-based inspection process.
Equinor aims to halve net carbon intensity by 2050
Equinor has said the target is expected to be met primarily through significant growth in renewables and changes in the scale and composition of the oil and gas portfolio.