Upstream news

Fabienne Ellington has joined the manufacturer of Thermoplastic Composite Pipeline (TCP), Airborne Oil & Gas, as its first vice president Asia and Middle East.

Political and economic instability may affect Lebanon’s second offshore licensing round, according to GlobalData.

The new agreement reflects a strategic collaboration between ABB and BP, with ABB committed to delivering innovation, substantial savings, improved scheduling and lower risk as a valued long-term partner.

The center deploys the latest mechanical engineering expertise to build more durable motors that drill faster and allow for longer runs with a higher rate of penetration.

Results for the year ended 31st October 2018 with an EBITDA of US$57.6 million (£42.9 million), a 29% increase on 2017.

Aberdeen-based energy investment specialists Simmons Energy, a Division of Piper Jaffray, has been appointed by Oxford Flow to raise strategic capital for its ambitious growth objectives across the oil and gas sector.

Magma sought to further improve the thermal insulation properties of m-pipe in order to maintain flow temperature for a number of current projects. Shawcor’s Thermotite® ULTRA™ was identified as having the required thermal insulation to achieve this.

The system, Sonardyne’s wide-area Sentry Integrity Monitoring Sonar (IMS), has been deployed on the seafloor at more than 2000 m (6500 ft) water depth.

The platform offers a ‘single pane of glass’ for M&A actionable intelligence with unprecedented transparency.

Following execution of term sheet on L15, as announced on 31 December 2018, a wholly owned subsidiary of Doriemus has now executed the Farmout Agreement with a wholly owned subsidiary of Rey Resources Limited.