Upstream news

The company announced that it made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion boe.

The company has closed the previously announced strategic deepwater Gulf of Mexico joint venture with Petrobras America Inc., a subsidiary of Petrobras.

Bringing more than three decades of diverse industry experience, Joe Sczurko moves into the role from his position as president - strategy and development for Wood’s Environment & Infrastructure Services.

The conference was for their senior technical managers and major ship owners and took place in their state-of-the-art Global Ships Systems Centre (GSSC) in Athens, Greece.

The companies have signed a strategic collaboration agreement to further develop digital offerings in engineering, operations and services.

Serica Energy plc has announced the completion of the acquisition of interests in the Bruce, Keith and Rhum fields and associated infrastructure in the UK North Sea from BP by Serica Energy (UK) Limited.

Under the terms of the three-year agreement, Petrofac’s Condition Monitoring team will provide onshore and offshore vibration analyses, and support TAQA in equipment troubleshooting and monitoring for its North Sea assets.

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.