Upstream news

Equipped with cutting-edge technology, the new laboratory has a wide selection of testing regimes and modern methods of crude oil analysis and performance testing.

The Sharjah National Oil Corporation (SNOC) and its partner Eni, have announced a successful new discovery of natural gas and condensate onshore in Sharjah.

US oil production from tight formations increased in 2019, accounting for 64% of total US crude oil production, according to the US EIA.

One of the most productive areas in the world for oil remains rich in the resource, according to the latest USGS assessment.

The projects are valued at approximately US$42 million and are scheduled to occur primarily during 2Q20.

The Stork Worley Integrated Solutions joint venture will provide engineering, procurement, construction, installation and commissioning, and decommissioning services for a brownfield modification for Neptune Energy's Dutch assets in the North Sea.

The contract was awarded by Dana Petroleum and will be executed by Ocean Installer’s office in Aberdeen, UK, with engineering work beginning immediately and offshore operations scheduled for 2Q20.

The company has announced that the Q10-A field offshore the Netherlands produced 258 million m3 of gas during 4Q19, compared to 203 million m3 in 3Q19.

The agreement is in relation to UK offshore licences P1929 and P2304, which contain the Resolution and Endeavour gas discoveries respectively.

The project will be executed at Semco Maritime’s yard at Hanøytangen outside Bergen starting mid-February 2020.