Upstream news
Palantir Technologies Inc. and Azule Energy partner on software to optimise upstream production
Palantir Foundry will help Azule Energy manage their current 200 000 bpd oil production and support their growth goal of 250 000 bpd.
Jubilee field producing over 100 000 bpd
The Jubilee field offshore Ghana has surpassed 100 000 bpd after a second well was brought upstream.
Weatherford awarded drilling services contract from Aramco
Weatherford International has announced it has been awarded a three-year contract with Aramco to deliver drilling services.
Aker Solutions wins Uaru umbilicals contract
Aker Solutions has been awarded contract from ExxonMobil to provide subsea umbilicals for the Uaru Project, offshore Guyana.
Zenith Energy acquires Prodrill Energy Resource Solutions
Aberdeen-based Zenith Energy Limited has announced that it has acquired recruitment specialist Prodrill Energy Resource Solutions. Louise Wood will lead the existing team as Recruitment Director.
Sakarya Phase One kick-starts Turkey’s upstream sector transformation
According to Wood Mackenzie, Sakarya Phase One will put a sizeable dent into the country’s energy import bill, which reached US$97 billion in 2022.
Cudd Well Control unveils new global headquarters
The new state-of-the-art facility consolidates office space with warehouse in one location.
Horisont Energi, Neptune Energy, and E.ON sign MoU for European CCS value chain
The MoU covers several areas such as project financing, funding, and the development of a complete value chain for CO2 handling.
Rovco completes decommissioning contract with Well-Safe Solutions
Rovco provided Well-Safe Solutions with field survey operations, to ensure the safe and efficient decommissioning of a platform which ceased production in 2015.
Oil and gas industry overall contract value up by 27% QoQ during 4Q22, reveals GlobalData
Operations and maintenance (O&M) represented 55% of the total contracts in 4Q22, followed by procurement with 19%, and contracts with multiple scopes, such as construction, design and engineering, installation, O&M, and procurement, accounted for 13%.