Upstream news
Highlands Natural Resources plc: Colorado Shale - East Denver wells IP rate announcement
Production rates from the pad at its East Denver project have achieved an Initial Production (‘IP’) rate of 4 600 boe/d during the flow-back period.
ADNOC unlocks US$4 billion in value in landmark pipeline infrastructure investment agreement with BlackRock and KKR
The Abu Dhabi National Oil Company (ADNOC) announced that it has entered into a landmark multi-billion-dollar midstream pipeline infrastructure partnership with KKR and BlackRock, two of the world’s leading institutional investors.
United Oil & Gas PLC: Colter appraisal well results
The Colter well (98/11a-6) has been drilled as a vertical well with the Ensco-72 jack-up rig and has reached a total depth of 1870 m MD in the Sherwood Sandstone.
Rowan Companies plc and Ensco plc shareholders approve pending combination
Both companies' shareholders voted to approve the pending all-stock transaction under which Rowan shareholders will receive 2.750 Ensco shares for each Rowan share they own.
Aker Solutions to develop digital twin for Wintershall’s Nova field
Aker Solutions has been appointed by Wintershall AS to build a complete digital replica of the Nova production system to enable data driven engineering, production and maintenance decisions.
API promote safe US energy development with release of Recommended Practise 54
The document provides procedures for promoting and maintaining safe and healthy working conditions for personnel in drilling and well servicing operations.
Significant growth planned for Wintershall DEA
The new company seeks to increase Wintershall’s and DEA’s joint average daily production by around 40% between 2021 and 2023.
N-Sea announces multi-million pound North Sea contract wins
UK and Netherlands-based subsea provider N-Sea has announced that it has been awarded two new contracts.
MOL Group 2018 results: Highest EBITDA since 2011
Clean CCS EBITDA rose by 16% in the last quarter compared with Q4 2017 resulting in an EBITDA of US$2.69 billion for 2018.
Equinor: Natural gas contributes to the low carbon future
Equinor sold natural gas for around US$26 billion in total in 2018, an increase of 29% from 2017.