Upstream news
June 2019 sees record high seaborne US crude oil exports
The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million t in June 2019.
Petrofac awarded decommissioning contract in Central North Sea
The agreement includes provision of well operator and well engineering project management services for four wells within the Rubie and Renee fields, 200 km north east of Aberdeen, UK.
OGA announces suspension of fraccing at Preston New Road
Operations were suspended following recent seismic activity near the site in Lancashire, UK.
Shearwater establishes subsidiary in Brazil
The company has also opened a new office in Rio de Janerio.
TechnipFMC announces split into two publicly traded companies
The separation is expected to be completed in the first half of 2020, subject to customary conditions, consultations and regulatory approvals.
Petrofac to provide INEOS operations and maintenance support
Petrofac will provide personnel to the Unity Platform in the Central North Sea, the onshore Cruden Bay Terminal and other landline sites.
Rever Offshore reports on first half of 2019
Rever Offshore, a subsea services provider, has announced project awards and completed campaigns with CNR International, Perenco and Spirit Energy, among other production and exploration majors.
Seadrill launches safety technology for offshore drilling
AI-enabled solution leverages autonomous car technology to monitor the rig ‘Red Zone’.
Hunting completes acquisition of RTI Energy Systems
RTIES is a US-based manufacturer of production riser technologies for deepwater applications within the offshore oil and gas industry.
Empyrean Energy drilling programme offshore Indonesia approved
The campaign will comprise of two wells in the Duyung PSC in the West Natuna basin, in which the company holds an 8.5% interest.