Upstream news
Ocean Yield extends option period with Aker Energy for FPSO
The option agreement for the bareboat charter of the FPSO Dhirubhai-1 has been extended until 1 September 2019 against an additional compensation.
CGG GeoSoftware donates software suite to University of Malaya
The software will be used to teach quantitative seismic interpretation within the Exploration Geophysics module of the Department’s Master of Petroleum Geoscience programme.
Wood to provide subsea integration and FEED services for Jansz-lo compression project
Effective immediately, the one-year contract will be delivered by Wood’s team based in Perth, Australia.
Exterran secures produced water contract in the Permian
The contract follows a successful three-month pilot in late 2018, where Exterran met or exceeded oil-in-water, suspended solids and iron outlet performance levels.
Westwood Energy: supermajors lead way in high impact exploration
According to Westwood's 'State of Exploration' report, exploration drilling increased by nearly 30% in 2018 compared to 2017 but performance was down, with fewer big discoveries and a lower commercial success rate.
Renewables set to outspend E&P in Asia Pacific (ex. China), says Rystad Energy
Total CAPEX in renewables will overtake E&P spending in 2020, with contributions from Australia and other Asian countries such as Vietnam, Taiwan and South Korea, Rystad Energy’s latest bottom-up analysis of investments shows.
Sercel delivers seismic acquisition systems to ONGC
India's national oil company will use Sercel's X-Tech solution to conduct various 3D surveys for a total of 40 000 channels across the country.
EM&I statistical method mines data to improve integrity and cut oil costs
The company trialled its new ANALYSE statistical method on a full campaign on an FPSO, resulting in cuts to scope, POB and costs and an improvement to integrity assurance.
BiSN records increase in field deployments in 1Q19
The company deployed its metal-to-metal downhole sealing solutions in Angola, Australia and the North Sea in 1Q19.
Sparrows Group selects Deladi Petroleum Services as sole representative in Brunei
The new agreement creates a partnership to deliver a broad range of equipment and services supporting reliability and operational safety in the country's oil and gas industry.