Upstream news
Bentec awarded contract for cluster slider drilling rigs
Delivery of the first three rigs to the drilling division of INK-Service Group is scheduled for 2020, with delivery of the remaining rigs the year after.
CGG completes 4D seismic results for BP Angola survey
The enhanced imaging volumes from the Greater Plutonio development in the Lower Congo Basin were delivered four weeks early for the project.
Norwegian Petroleum Directorate gives go-ahead for new facility on Valhall
Start-up of the Valhall West Flank facility in the North Sea will take place this autumn.
IHS Markit: conventional discoveries have fallen to lowest levels in 70 years, with major rebound unlikely
A report by IHS Markit attributes the decline in conventional discoveries to low oil prices, competition from short cycle-time unconventional projects, and financial investors questioning long-term, high-cost, frontier projects.
Benthic awarded geotechnical contract offshore Mozambique by TechnipFMC
The contract is for the Golfinho development, a deepwater discovery off the coast of Mozambique that will be developed as a subsea system tied back to an onshore liquefied natural gas (LNG) facility.
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.