Upstream news

The company provides EPC services to the oil, gas and energy industries including engineering and maintenance of North Sea platforms from concept through to decommissioning.

The acquisition includes the the Jumping Pound, Caroline and Waterton gas plants, 29 000 boe/d of production, a partial ownership of the Shantz sulfur plant and 1700 km of pipelines.

The scientists involved in the study say their findings show that regulators around the world must take other environmental factors, especially atmospheric pressure changes, into consideration when assessing potential greenhouse gas leakage from onshore oil and gas wells.

Rystad Energy says it is anticipating around 30 to 50 exploration wells will be drilled per year towards 2023.

TMK provides tubular products for the oil and gas industry.

ONGC's overseas explorer has recorded a gas discovery in Brazil's Sergipe Alagoas Basin and an oil discovery in Colombia's Llanos Basin.

The order is the first material equipment order for the Shenandoah project and the first of its kind for subsea trees designed for pressures up to 20 000 psi.

The agreement entails a new GustoMSC drilling jack-up design which will utilise the modern manufacturing capabilities currently planned for at IMI.

The total number of registrants is a record for bids in the production sharing regime, surpassing the 16 qualified for the 4th Production Sharing Round, held last year.

Ghasha is aiming to develop previously undeveloped deposits of gas, oil and gas condensate as part of nine shallow fields in the Arabian Gulf west of Abu Dhabi.