Upstream news
ADC Energy wins contract over US$1 million
ADC Energy has secured a contract worth more than US$1 million to deliver baseline condition assessments for five vessels for a North American company.
Petrofac secures field maintenance services contract extension with ADNOC
Under the two-year Field Maintenance Services contract extension, Petrofac will continue to support operations at the Haliba oil field, located onshore along the south-east border of Abu Dhabi, providing specialist personnel to maintain and support facilities.
Maersk Drilling secures work for Maersk Viking offshore Malaysia into 2024
A five-well work scope will be novated to PTTEP for drilling and plugging and abandonment activities at the Kikeh field offshore Sabah, with a total estimated duration of 116 days and expected commencement of the first well in November 2022.
Equinor and Poland’s PGNiG agree long term gas sales contract
PGNiG and Equinor ASA group companies have concluded gas sales agreements for natural gas from the Norwegian Continental Shelf.
TechnipFMC awarded a significant subsea contract for Shell’s North Sea development
The contract covers pipelay for a 30 km tieback from the new Jackdaw platform to Shell’s Shearwater platform, as well as an associated riser, spoolpieces, subsea structures, and umbilicals.
Oilfield communications market is expected to grow at a CAGR of 5.4% from 2022 – 2032
Increasing investments in?network?infrastructure, rising?demand for oilfield communications?from oil and gas operators to scale the production of mature?oilfields, and rising technological advancements for?communication?across?oilfields?are expected to drive the?adoption of the oilfield communications market.
Zenith Energy has presented an offer for the Sèmè field in Benin
Zenith Energy has announced presented an offer to the relevant Ministry in the Republic of Benin for the award of an initial nine-year licence to operate Block 1 containing the Sèmè oilfield, offshore Benin.
Machinery Auctioneers sells over US$30m in trucks and oilfield equipment at auction
Oilfield equipment, trucks, heavy equipment, and other items were auctioned in person and online. With over 71 000 catalogue views, 498 lots were sold over a single day auction, totalling over US$30 million.
Neptune Energy awards major decommissioning contract for Dutch, UK North Sea
Well-Safe Solutions’ Well-Safe Protector jack-up rig will carry out the plug and abandonment of at least four subsea and 17 platform wells located in Dutch and UK waters.
Petrofac awarded North Sea contract extension by Serica Energy
The contract, which builds on a relationship with Serica Energy which began in 2018, was enhanced in 2019 to include metering engineering services through the deployment of dedicated onshore and offshore personnel.