Upstream news

Paul Allan, who has more than 10-years’ experience in delivering naval architecture and marine warranty surveying (MWS) to the oil and gas industry, has been appointed to the position by the Scotland-based firm.

Neeraj Zambare and Kapil Mukati, Kongsberg Digital, Norway, explain how a combination of multiphase flow simulation and machine learning is enabling enhanced virtual flow metering and anomaly detection.

The collective depth of these wells is the equivalent of 25 times around the equator – or 2.5 times the distance to the moon.

Delek said it believed that if a deal is reached, it could be completed this year and would be financed through bank loans and its own resources.

The announcement of the 100th project follows the Oil & Gas Innovation Centre in Aberdeen, Scotland, signing agreements to support five new pieces of innovative technology which have the potential to improve efficiency and reduce costs in the oil and gas industry.

The transaction is expected to close in 2H19, subject to regulatory approvals.

The agreement with INA has been extended for a further six months to 1 November 2019.

The company is currently working on a revised Plan for Development and Operations, following scheduled feedback from Ghanaian authorities.

The agreement relates to gas sales from the Nam Du and U Minh gas fields in block 46/07 and block 51, respectively, offshore Southwest Vietnam.

The company has announced its new brand, Worley, following the successful completion of the A$4.5 billion acquisition of Jacobs ECR.