Upstream news

Adjusted earnings were US$4.19 billion in 1Q19, down from US$4.41 billion in 1Q18. Adjusted earnings after tax were US$1.54 billion, up from US$1.47 billion in the same period last year.

Contracts for six of the eight rigs were awarded to Gulf Drilling International (GDI), while the contracts for the remaining two rigs were awarded to Northern Offshore Drilling Operations Ltd.

Craig International will source and supply products for maintenance, repair and operations at Spirit Energy’s onshore and offshore sites in the UK.

The ForeSite Edge technology combines lift control, production optimisation and IoT infrastructure.

A new technique to monitor the long-term integrity of suspended or decommissioned oil and gas wells in the North Sea is in development via a collaborative project involving Sentinel Subsea, Heriot-Watt University and the Oil & Gas Innovation Centre.

The funds raised are to be applied to support ongoing works at the UK-based company’s Brockham asset, forthcoming works at the Balcombe asset, a seismic overview of the Lidsey asset and to fund the exploration of potential acquisition opportunities.

The Unitized™ Lock-Ring wellhead features a standardised design for shale plays in the US that accommodates 95% of casing configurations in either 11 in. or 13-5/8 in. nominal sizes.

QMax Solutions has been awarded a “Best and Brightest Companies to Work For in the Nation” award.

The Government of the Republic of the Congo has informed Anglo African Oil & Gas that the licence will have a 25-year period.

The paper will describe a new protector-less technology that provides reliable operation for downhole artificial lift devices, such as Electric Submersible Pumps (ESPs), without a motor protector.