Upstream news
GlobalData: Petrobras continues to lead global deployment of planned and announced FPSOs
The company is expected to deploy 17 planned and announced floating production, storage and offloading vessels globally during the outlook period 2019–2025, according to GlobalData.
MMA Offshore awarded Woodside walk-to-work vessel contract
The company will provide accommodation and walk-to-work vessel services to support platform maintenance operations on Woodside’s Australian assets.
Equinor wins seven exploration blocks offshore Argentina
The company presented winning bids in the 1st Offshore Licensing Round in Argentina.
Costain appoints project director for Aberdeen upstream team
The company has appointed Steve Carter as a project director to join its 70-strong upstream team in Aberdeen.
Vallourec wins major contract for pre-salt field Mero 1 in Brazil
The company has been awarded a contract by TechnipFMC in Brazil to supply around 12 000 t of seamless steel rigid line pipe.
Keppel receives final approval for the conversion of Gimi FLNG project
The company’s scope of work includes the design, detailed engineering and procurement of the marine systems as well as conversion-related construction services.
ExxonMobil wins three blocks in Argentina offshore bid round
The blocks are located in the Malvinas basin, approximately 200 miles (320 km) offshore Tierra del Fuego.
Turan Drilling and Engineering wins US$500 million BP contract in Azerbaijan
The contract is for the operations and maintenance of seven platform drilling rigs operated by BP in the Caspian Sea.
Finnish-Russian company tests AI solution to boost oil well production
ZYFRA Group has successfully tested an Electrical Submersible Pump (ESP) software unit, designed to enhance the efficiency of oil extraction.
Union Jack Oil sells interest to Gatwick Gusher’s UKOG
The payment will be taken in shares and will give Union Jack more exposure to UKOG’s Weald Basin assets.