Upstream news

Ron Beck Energy Industry Marketing Director, AspenTech, explains how digital transformation continues to be the keynote of the coming year for operators across the oil and gas sectors.

Ashley Kelty, oil and gas research analyst at Cantor Fitzgerald Europe, provides insight on Qatar’s announcement that it is leaving OPEC.

Global integrated subsea services business, Kreuz Subsea, has announced the appointment of Knut Eriksen as the board’s first independent non-executive director.

The sale will contribute to Shell’s US$30 billion divestment target for 2016-2018.

The company has announced that it has completed the acquisition of the remaining 75% interest in the Magnus oil field, an additional 9% interest in the Sullom Voe Oil terminal and supply facility and additional interests in associated infrastructure from BP as planned.

The Petroleum Safety Authority has granted the company consent to drill on the Bøyla field.

The high-end Nexans cable laying vessel has been designed by Skipsteknisk in Ålesund and will be constructed by Norwegian yard Ulstein Verft.

The company has been providing services on the Chevron-operated Gorgon and Wheatstone Projects and other assets since February 2015.

This is the first contract win for Texo Group’s MODU business unit, having won the contract through a competitive tendering process.

Subsea Connect, the Aptara™ TOTEX-lite subsea system and BHGE’s SPS Catalogue were unveiled to E&P customers at a launch event in Houston, USA.