Upstream news
UKOG: completion of PEDL331 Arreton oil discovery acquisition
The company now holds an operated 95% direct interest in the licence which contains the Arreton oil discovery and the Arreton South exploration prospect.
FAR Limited: seismic survey on WA-458-P complete
The new data will be used for detailed mapping of the prospects which have been identified, leading to selection of potential candidates for drilling.
Seismos, Inc. announces US$10.5 million of new equity investment
The investment has been led by Quantum Energy Partners to drive growth and innovation.
AI tech prioritises fugitive methane leak repairs to combat climate change
Ryan Strom, Director, Fugitive Emissions at Advisian Digital, shows how AI technology can enable operators to crack down on fugitive emissions.
Wind Point Partners acquires and combines Clock Spring and Neptune Research
Clock Spring and NRI are manufacturers of composite materials, insertion valves, and gaskets used in the transmission pipeline, refinery and petrochemical, water, utility, and civil infrastructure industries.
DORIS Engineering awarded advisor contract by Senegalese Ministry of Petroleum and Energies
The contract focuses on two projects: Grand Tortue Ahmeyim, operated by BP, and the SNE project, operated by Woodside.
GlobalData: Gas projects dominate planned upstream FIDs in 2019 as companies bet on rising natural gas demand.
The 85 upstream projects up for Final Investment Decisions (FIDs) in 2019 include 75 greenfield developments, with approximately 42 billion boe of resources and 10 expansion phases.
EM&I present paper on robotic technologies at IADC conference
The paper, ‘Optimised Asset Integrity Management through Disruptive Innovation’, was presented at the IADC (International Association of Drilling Contractors) conference in Malaysia this week.
Tracerco launch Hyperion
The company has added to its range of advanced nucleonic instrumentation by announcing the launch of the non-contact, no moving parts measurement solution.
Gulf Marine Services provide operational update
The company previously announced the award of three long-term contracts in the MENA region.