Upstream news
Airborne Oil & Gas awarded contract by TOTAL for TCP Jumper in West Africa
This contract follows the successful completion of a rigorous testing program, in which TOTAL qualified Airborne Oil & Gas’ TCP Water Injection Jumper for permanent subsea applications.
Investing NOK 2.3 billion to recover more oil from Gullfaks
The Gullfaks partners have decided to drill seven new wells and thereby improve oil recovery by 17 million bbls with good profitability.
Maven managed funds leads £1.95 million investment in Dyer Engineering
Maven Capital Partners, one of the UK’s most active private equity houses, has, through its management of two regional funds, provided £1.95 million of capital to Dyer Engineering Ltd, the largest independent engineering business in County Durham.
Cliff Head production returns to over 1000 bpd
The Board of Triangle Energy Limited has provided the following update on its Cliff Head oilfield operations, located in the Perth Basin approximately 270 km north of Perth in Western Australia.
L&T Hydrocarbon consortium wins EPCI order from Saudi Aramco
The award consists of engineering, procurement, construction and installation (EPCI) of three Oil Production Deck Manifolds and Subsea Pipelines in Zuluf and Berri Fields of Saudi Aramco.
WoodMac: Sub-Saharan Africa upstream
Wood Mackenzie’s Sub-Saharan Africa upstream team discuss what to watch in 2019.
Euronav sells Suezmax Felicity for offshore project
The company has announced that it has sold the Suezmax vessel Felicity to a global supplier and operator of offshore floating platforms.
BP chooses Tenaris for OCTG and Rig Direct in Indonesia
BP signed a cooperation contract with Tenaris to provide high quality OCTG products and accessories with Rig Direct service, to support drilling activities in Indonesia’s Tangguh region.
Block Energy Plc: Excellent initial production results from Norio field
The work programme at Norio, which consists of eight workovers and one sidetrack, is targeting a 25-fold increase in production to 250 bpd by H1 2019. Norio has gross oil reserves of 1.631 million bbls.
GlobalData: New exploration captures support Eni’s aggressive Middle East growth strategy
Following recent announcements of Eni S.p.A.’s acquisition of new exploration acreage in Bahrain, the UAE and Oman, Will Scargill, Senior Oil & Gas Analyst at GlobalData, offers his view on their place within the company’s wider strategy.