Upstream news
GlobalData: Oil and gas companies getting attracted towards enormous resource potential of the Arctic region
GlobalData's thematic report, ‘Arctic Exploitation’, evaluates the competitive position of different Arctic countries in tapping the hydrocarbon reserves of the region.
Keeping eyes on the Brexit ball
Oil and gas sector logistics expert urges industry’s businesses to keep eyes on Brexit ball despite government steers.
API endorses US-China 'phase one' trade deal
API President and CEO Mike Sommers said that the deal was "welcome news" but urged the lifting of all remaining tariffs between the two nations.
Serica Energy provides operations update
Estimated net production from Serica’s interests in Bruce, Keith, Rhum (“BKR”) and Erskine, in the UK North Sea, was 30 000 boe/d during 2019, around 13% higher than the production from the same assets in 2018 on a like-for-like basis.
ION to conduct 3D reimaging programme offshore Uruguay
ION is reimaging 22 000 km2 of data over the country’s deepwater blocks to create a contiguous volume for a holistic exploration perspective of the margin.
Tower Resources given one-year extension for Thali licence exploration
The extension is for the purpose of completing the NJOM-3 well currently in process on the Njonji structure.
Keppel delivers rig to Borr Drilling
The jack-up rig is built to Keppel’s proprietary KFELS B Class design and is the fifth of eleven jack-up rigs that Borr Drilling has ordered from Keppel.
Unity and Petrofac complete North Sea plugging and abandonment pressure testing
Unity deployed its Temporary Abandonment Cap Test Tool (TACTT) to pressure test two suspended mudline wells in the North Sea in support of an end of life campaign undertaken by Petrofac for a multinational operator.
The Crosby Group acquires Feubo
The acquisition includes the Feubo facility located in Hattingen, Germany, which will become Crosby’s centre of excellence for offshore mooring components.
Lundin Petroleum awarded 12 licences in Norwegian licensing round
The award includes 7 licences in the North Sea, 2 licences in the Norwegian Sea and 3 licences in the Southern Barents Sea.