Upstream news
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.
Talos Energy provides update on Zama appraisal programme
The programme is in Block 7, located in the offshore portion of Mexico's prolific Sureste Basin.
SA Equip launches portable ATEX & IECEx certified air mover for hazardous environments.
The new SA CYCLONE EX Air Mover has been developed to increase the safety and reliability of ventilation used in explosive atmospheres.
Europa Oil & Gas: sale of interest in PEDL143, Weald Basin
The sale is in line with Europa’s strategy to focus on its high impact portfolio of exploration licences in Atlantic Ireland, its existing producing assets onshore UK.
DNV GL in UK extends contract for Dana Petroleum
DNV GL has secured a 3 year contract across the Dana Petroleum operated assets on the United Kingdom Continental Shelf (UKCS).
EM&I hits top spot in Singapore
The company had a busy and successful week in Singapore from 10 - 12 April 2019.
Wood Mackenzie: Santos makes significant gas discovery at Corvus-2 appraisal well
Following Santos' announcement on the confirmation of a significant gas resource at Corvus-2 appraisal well, Wood Mackenzie senior analyst Daniel Toleman provides commentary.
MODEC announces conclusion of financing for FPSO, offshore Mexico
Mitsui and MOL have participated in a long-term charter business operated by MODEC for the purpose of providing a FPSO for use in the Area 1 block.
Black Sea Oil & Gas receives approval for Ana and Doina gas fields development
The company received the approval from the Romanian Government through the National Agency for Mineral Resources.