Upstream news
Equinor awards Saipem wireless subsea drone contract
The contract is the first signed in the industry for the use of advanced wireless drone services.
Proserv establishes two new divisions as part of corporate restructuring
The controls technology company has established two separate divisions – namely Proserv Controls and Gilmore, a Proserv Company, which will sit under the umbrella of the parent company, Proserv Group, commonly known as Proserv.
Rystad Energy: Europe’s gas demand set to grow as Dutch giant folds
The Netherlands recently announced that production at Groningen – Europe’s largest gas field – will be halted in 2022, eight years earlier than initially planned.
Oceaneering to support decommissioning project offshore Canada
The decommissioning project comprises seven offshore gas platforms located approximately 135 nautical miles east of Halifax, Nova Scotia, Canada on the edge of the Scotian Shelf.
Subsea 7 awarded Azerbaijan offshore contracts by BP Exploration
The work is for the Azeri Central East project in the Azeri-Chirag-Deepwater Gunashli field in the Caspian Sea.
Wintershall sells Norwegian infrastructure assets as part of focus on upstream activities
The company has agreed to sell its 5.0304% interest in the Nyhamna terminal to CapeOmega and its 13.2550% interest in the Polarled pipeline to Solveig Gas Norway.
Valaris awarded jack-up drilling rig contract for Seagull project
Valaris will provide the Rowan Gorilla VI (VALARIS JU-248) to drill four firm wells for the development, which is located in the Central North Sea.
Chrysaor acquisition of ConocoPhillips’ UK oil and gas business completed
The transaction adds two new operated hubs to Chrysaor’s portfolio in the UK Central North Sea - Britannia and J-Block – in addition to an interest in the Clair Field area.
Pragma develops ESP downhole safety valve
The valve is designed to create an improved well control solution for cable deployed electric submersible pumps retrofitted to production wells.
Oil and gas industry warned British government's Brexit proposals unlikely to be agreed by EU
The ideas proposed by the British government to replace the so-called Irish backstop are likely to be rejected by the European Union, said Adam Johnson, director of Tudor International Freight.