Upstream news
Craig International secures £50 million in new business in 1H19
The oilfield procurement firm has been awarded its first contract with Petrofac in the UK as well as two major contracts with Spirit Energy and BP.
Europa Oil & Gas comments on Irish Government's intention to phase out oil exploration licences
The Irish Government has confirmed that its proposals ‘will relate to future applications’ and that ‘existing licences will remain valid’.
Solstad Offshore to support Total E&P South Africa drilling campaign
The contracts are to support Total E&P South Africa's operations in Block 11B/12B and the drilling programme is expected to take up to 280 days.
Tracerco secure 7 subsea inspection projects in the North Sea, Gulf of Mexico and West Africa
As CT scanning provides a non-intrusive inspection method, all assets will remain operational throughout each project.
ADNOC Offshore awards Weatherford directional drilling services contract
The agreement entails using the Weatherford Magnus® rotary steerable system in both re-entry wells and new wells.
Shearwater GeoServices awarded Southeast Asia survey project
The contract covers an area of 1600km2 for 3D seismic with associated 2D work to be executed over a 1.5-month period from end 3Q19 for the undisclosed client.
Pickering Energy Partners forms joint venture with Henry Resources
The JV will pursue acquisitions of producing oil and gas assets across the Permian Basin where Henry Resources has operated for over 50 years.
Transocean relinquishes interests in drillships under construction
The total estimated future costs associated with the delivery and placing the drillships into service would have been approximately US$1.1 billion.
African nations to showcase licensing rounds at Africa Oil & Power conference
South Sudan, Equatorial Guinea and Gabon will continue their bidding round efforts at the Africa Oil & Power conference and exhibition on 9 – 11 October in Cape Town, South Africa.
Sparrows Group awarded service provider certification in Saudi Arabia
The company is the first in Saudi Arabia to be awarded Approved Service Provider Recognition for crane maintenance and overhaul by the American Bureau of Shipping.