Upstream news

The project duration is approximately two months and is scheduled to commence in 4Q19.

Findings from OGUK’s Health and Safety Report 2019 reveal that offshore helicopter operations were conducted without an accident last year, and the fatal accident rate per 100 000 flying hours dropped to zero for the first time since 2001, despite flying hours increasing by 12% to 77 286 in 2018.

Achieving the 10 000 stages milestone fulfills the Equinor vision for Reveal Energy Services, an Equinor spin-out in 2016, to commercialise and further develop IMAGE Frac™ pressure-based fracture maps.

The production platform is located in Mexico's Bay of Campeche in the Gulf of Mexico.

The order is booked into Cargotec’s third quarter of 2019 order intake and delivery will take place during 2020.

Heavyweight oilfield service providers like Saipem and Baker Hughes are diversifying beyond oil and gas development projects and are moving increasingly into renewable energy projects.

Rystad Energy has outlined three possible scenarios for Russia’s largest gas conduit to Europe beyond 2020.

The Andaman II PSC is an exploration block over the North Sumatra Basin covering an area of 7400 km2.

Orca-1 is the third-largest discovery made so far this year, and the largest deepwater find.

First gas from a new well at Spirit Energy’s Chiswick field in the Southern North Sea was achieved in July 2019 and has added up to an additional 25 million ft3/d of gas to the field.