Upstream news
Oil and gas industry forges ahead with collaborations and innovations announced at OSEA2018
The event saw several announcements on exclusive partnerships, product launches and new business strategies for the Asian oil and gas market.
Oil and gas sector logistics expert says ‘Norway Plus’ is least damaging form of Brexit for industry’s EU traders
Adam Johnson discusses the potential of the UK operating alongside Norway, Iceland and Liechtenstein by re-joining the European Free Trade Association and becoming a European Economic Area member.
North Sea operator speeds up P&A campaign by running Churchill’s Mud Shear Sub™
The operator was able to begin subsequent retrieval operations ahead of schedule.
Eland Oil & Gas: Ubima appraisal update
The company has announced the initial results of its testing of the Ubima-1 well after a dual completion was installed on the E1000/E2000 and F7000 reservoirs.
Sapura Energy consortium secures RM3 billion contract from ONGC India
Sapura and Afcons will be jointly undertaking works for the KG-DWN 98/2 NELP block, located offshore the Godavari Delta on the east coast of India.
Equinor: boosting Vigdis
The subsea field Vigdis has been producing oil through the Snorre field for more than 20 years. Field production will now be boosted by almost 11 million bbls.
Cabot Energy update on Alberta production & Edmonton oil price
On 2 December 2018, the Alberta government announced its intention to begin a mandated short-term reduction of oil production by 325 000 bpd, representing an 8.7% reduction, until excess oil in storage is drawn down.
Sparrows signs five-year servicing order with Pemex Procurement International, Inc.
As the original equipment manufacturer (OEM), the first cranes were delivered by Sparrows in the early 1990s to support production in the Kumaza (AS01-02), Abkatun (AS02-03), Litoral (AS02-04) de Tabasco and Cantarell (AS01-01) fields.
Rose Petroleum provides operations update
Rose Petroleum plc has provided an update on operations for the Gunnison Valley Unit (GVU) in the Paradox Basin, Utah, USA.
Call for subsea companies to forge new partnerships with Japan
Companies with an interest in developing innovative subsea technologies are being invited to take part in the second call for a three year initiative which forges R&D partnerships between Scotland and Japan.