Upstream news
European companies seek cooperation on carbon capture and storage
Equinor, Shell, Total and several other companies are studying the possibilities for developing CO2 storage on the Norwegian continental shelf (NCS).
Ultrasound technology project aims to tackle scale formation in downhole production
The Oil and Gas Authority estimates that approximately 180 wells in the North Sea have issues with scale formation, which cost the industry approximately £106 million in 2017 alone.
Paradigm Group celebrates 10 year anniversary at Offshore Europe
The Group has been celebrating and showcasing some of its key products this week both at the exhibition and at their base in Inverurie, Aberdeen.
Operators adopting Churchill technology to tackle stuck pipe
A one-hour cut was achieved by the HyPR HoleSaver after a major operator became stuck around 13 000 ft due to heavy losses.
Schlumberger and TGS announce Red Sea 3D seismic reimaging project
The project will comprise reimaging data from three overlapping seismic surveys totalling 3600 km2 that were acquired between 1999 and 2008.
DNV GL unveils concept for live asset risk assessment using digital twins
The Probabilistic Digital Twin concept was unveiled at Offshore Europe 2019 this week.
Cooper Energy makes gas discovery in Otway Basin
The Annie gas discovery is the first by an offshore well in the Otway Basin, offshore Victoria, Australia, in 11 years.
Subsea 7 awarded offshore contracts by Saudi Aramco
The consortium’s workscope consists of engineering, procurement, construction and installation for a total of 28 jackets.
SBM Offshore and ExxonMobil sign FPSO supply agreement
The agreement is non-exclusive and establishes the general legal framework and specific terms in relation to the engineering, procurement, construction and installation work regarding potential future contracts relating to leased FPSOs.
Johan Sverdrup production poised to begin in October
After reaching plateau for the first phase of the Johan Sverdrup development, expected during the summer of 2020, Equinor expects operating costs below US$2 per barrel.