Upstream news
Solstad Offshore awarded multiple contracts
The company has entered into contracts for three of its large PSVs.
WellConnection Group signs deal on first UK acquisition
WellConnection Group, a Norwegian inspection, maintenance and repair (IMR) company has acquired Peterhead-based Independent Oilfield Services (IOS) in a deal which marks their entrance into the UK market.
New 2D Seismic survey offshore Sierra Leone
GeoPartners, in partnership with the Petroleum Directorate of Sierra Leone, is pleased to announce a new 2D seismic survey offshore Sierra Leone to support the 4th Offshore Petroleum Licensing Round planned for later this year.
Wood Mackenzie: ‘Play-opening’ find may prove catalyst for South Africa’s gas-to-power programme
Total plans to follow up the discovery with 3D seismic and wells on up to four more similar prospects on the block, 11B/12B.
Subsea Expo attracts record attendance numbers Subsea UK’s flagship event hailed huge success
More than 6500 visitors made their way to Europe’s largest subsea event, Subsea Expo, in Aberdeen this week.
Black Sea Oil & Gas moves forward with Midia Gas Development Project
BSOG, together with its co-venture partners, are pleased to announce that they have approved the FID to proceed with the Midia Gas Development Project, offshore Black Sea.
Total makes significant discovery offshore South Africa
The company has made a significant gas condensate discovery on the Brulpadda prospects, located on Block 11B/12B in the Outeniqua Basin, 175 km off the southern coast of South Africa.
SDX expands presence in Morocco
The company has announced that it has increased its presence in Morocco with the awards of the Moulay Bouchta Ouest and Lalla Mimouna Sud licenses.
Hunting introduces H-2 Perforating System™
The company has announced it has developed the shortest plug-and-play, perforating gun system capable of firing up to four shots per 7.5-in. cluster.
GlobalData: upstream oil and gas M&A and capital raising values totalled US$47.9 billion in Q4 2018
A total of 305 deals with a combined value of US$47.9 billion were registered in the upstream oil and gas industry in Q4 2018, according to GlobalData.