Upstream news

Paradigm Flow Services were asked to undertake a job to clean 28 cooling units on the Elgin platform in the North Sea.

More than 36 000 people from 100 countries are expected to attend the exhibition and conference in Aberdeen, UK.

MOL's upstream EBITDA was 10% lower in 1H19 at US$553 million, while average daily hydrocarbon production was 111.8 boe/d higher by 2% y/yr.

This is Yokogawa's largest transmitter order to date for an upstream oil and natural gas project in South America.

Maria Cortez, Wood Mackenzie, has said that Ecopetrol's decision to form the joint venture is part of an aggressive diversification strategy that the company has pursued in recent months.

Adam Johnson, director of Leeds-based Tudor International Freight, has said affected enterprises, including in the oil and gas sector should undertake these analyses with a view to seeking any changes needed in the event of a no-deal Brexit.

The decision reflects a broader trend of majors embracing subsea tie-backs that offer quicker paths to first oil and attractive returns, according to Wood Mackenzie.

The system alleviates the impact of modern, large blowout preventers (BOPs) on legacy wellheads by arresting the motion of the BOP stack via four tethers, which are anchored to the seabed.

The DAV MX™ CircSub was deployed in order to avoid the cost of a dedicated jetting assembly run.

The joint venture, InVision Offshore, Inc., will be based in Houston, Texas, US.