Upstream news
CGG and Fairfield Geotechnologies sign cooperation agreement for Austin Chalk survey
The 578-square-mile wide-azimuth survey, known as Bayou Boeuf, is designed to image the Austin Chalk play and provide a better understanding of the formations in this area which have recently regained industry interest.
Rystad Energy: US oil output poised to set yet another record in 2019
Rystad Energy is raising its forecast for US crude output to 13.4 million bpd by December 2019.
ExxonMobil and partners to invest in Angola Block 15
As part of the agreement, Sonangol, Angola’s state oil company, will receive a 10% equity interest.
IHS Markit makes 10-year forecast for Canadian oilsands production
IHS Markit expects average y/y supply additions to be below 100 000 bpd in the coming decade.
W&T Offshore makes oil discovery in Gulf of Mexico
The discovery was made at Gladden Deep in Mississippi Canyon block 800.
Angola kicks off first phase of six-year licensing cycle
"Angola is open for business", said Paulino Jerónimo, CEO of the National Agency of Petroleum, Gas and Biofuels.
Unique Group launches survey equipment calibration service
A fully equipped laboratory in Houston, Texas, will provide calibration services for pressure, temperature, conductivity and sound velocity sensors.
Güralp and Sonardyne to cooperate on seabed exploration and research technology
The agreement between Güralp and Sonardyne was announced at the European Association of Geoscientists and Engineers conference in London, UK, yesterday.
Equinor awarded five new licences on UKCS
The licences are situated in the Moray Firth and East Shetland Platform.
Cudd Energy Services appoints Director of Well Intervention and Integrity
Gene Sweeney returns to Cudd after leading BP’s global well control team for the past seven years.