Upstream news
TPG Sixth Street Partners and Glendale Energy Ventures form partnership to fund acquisitions of non-operated oil and gas properties
The new partnership will use its flexible capital mandate to directly invest in the development and acquisition of upstream oil and gas assets across the US.
HUBER+SUHNER to address challenges limiting the development of the offshore industry at OGA 2019
HUBER+SUHNER Head of Business Unit Offshore/Energy, Frank Thorn, will address the urgent changes that need to be made in the offshore cable industry to allow for future progress.
Trendsetter Engineering awarded contract for TC2 connection systems
Shell plan to use Trendsetter’s 15 000 psi 2 in. connectors to deliver gas lift service in the Princess Field located in the Gulf of Mexico.
Equinor awards contracts for Johan Sverdrup phase II
Phase 2 of the Johan Sverdrup development was approved by Norwegian authorities in May 2019, with start-up scheduled for 4Q22.
Future Oil & Gas creates ‘exciting next chapter’ for industry in transition
More than 230 delegates, speakers and exhibitors from around the world shared views, debated topics and fulfilled business opportunities at the third Future Oil & Gas.
Reliance and BP sanction third phase of integrated KG D6 development
MJ is the third of three new projects in the Block KG D6 integrated development plan, which is focused offshore east India.
ION expands 2D multi-client programme offshore northeast Canada
Due to continued client interest, the second phase of GrandSPAN has now more than doubled in size from last year’s expectation to nearly 11 000 km.
Southern Glove develops new impact protection gloves
The Rig Rider glove is designed specifically for oilfield workers needing impact protection.
Rystad Energy: US cements position as world leader in oil reserves
The US currently holds 293 billion bbl of recoverable oil resources, according to Rystad Energy.
C-Innovation to perform riserless light well intervention for BP
The work will be performed in water depths of up to 6500 ft on different assets within the Gulf of Mexico and is currently forecasted to commence as early as July 2019.