Upstream news

The new and renewed awards have resulted in over 100 additional personnel being employed to support projects in the North Sea and Azerbaijan.

The work will be delivered by Wood’s Aberdeen-based operations and engineering teams, with construction and maintenance operatives working offshore.

Adam Weinstein, Validere, argues that the contamination of oil in the Druzhba pipeline earlier this year hints at an industry wide problem, and suggests that the answer lies in the Industrial Internet of Things and artificial intelligence.

The company has also appointed a new chairman to replace Jock Lennox, who will step down from his position at the end of September.

The company has received a firm Letter of Award for the high-specification jack-up drilling unit Energy Emerger.

Most of the companies that are active on the Norwegian shelf have submitted applications in this year’s Awards in Predefined Areas (APA) round.

The company will provide engineering support services as a tier 1 contractor for brownfield modifications and projects across Repsol Sinopec Resources UK’s operated assets and terminal at Flotta.

The focus of the donation was to enhance teaching and research in the specific areas of reservoir characterisation and petrophysics within the university's Petroleum Geology and Petroleum Engineering courses.

Recoverable resources for Snefrid Nord, located in the Norwegian continental shelf, are estimated at 4.4 billion m3 of gas (27.5 million boe), along with some condensate.

The company has developed a Subsea Safety Module, which can operate in the higher pressure (15ksi) wells common in the Gulf of Mexico and West Africa.