Upstream news
TechnipFMC reaches resolution with US and Brazilian authorities over legacy investigations
The company has agreed to pay a total of US$301.3 million to these authorities to resolve investigations into conduct dating back over a decade ago.
GlobalData: ExxonMobil exit from Norway unlikely to affect country's upstream development landscape
Daniel Rogers, Global Data, said that Norwegian production only accounts for approximately 3% of ExxonMobil's total portfolio.
Africa Oil Week 2019 announces features and line-up
Delegates can expect contributions from 200 speakers, ministerial panels, and forums on finance and future technology.
Prospex Oil & Gas begins drilling second well in North East Romania
Drilling and testing at Bainet West are expected to take 15 - 20 days to complete.
UK oil and gas industry warned to know commodity codes or risk damage from no-deal Brexit
If Britain left the EU without an agreement companies would need to quote correct commodity codes for goods traded with the bloc, according to Adam Johnson, director of Tudor International Freight.
Infrastructure Networks and Machfu to offer oilfield cloud solutions
Infrastructure Networks will sell, supply and service Machfu solutions, delivered over INET’s wireless platform, while Machfu will use INET’s LTE coverage to connect to oil and gas assets real time in key energy producing areas.
Ampelmann reaches personnel transfer milestone in Nigeria
The offshore access provider has overseen more than 10 000 safe personnel transfers for Mobil Production Nigeria on the Jascon-55 vessel since January 2019.
Wood Mackenzie comments on potential ExxonMobil exit from Norway
ExxonMobil's reported divestment of its Norwegian upstream portfolio "doesn't come as a surprise" according to Wood Mackenzie.
Enpro Subsea and Can-K agree partnership to deliver subsea multiphase pumping solutions
The announcement sees Can-K’s Electro Submersible Twin-Screw Multiphase (ESTSP) pump technology being combined with Enpro’s Flow Access Modules (FAM) technology to create a retrievable subsea pumping solution targeted primarily at individual wells.
ESAI Energy: Bakken to surpass record output despite gas bottlenecks
The company's recently published North America Watch attributes the growth in output to increasing rig productivity and efficiency gains in areas outside of the Bakken core.