Upstream news
Wood appoints new executive president – strategy and development
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.
EM&I invited to address leading class society in Athens
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.
Siemens and Aker Solutions to strengthen digital offerings through strategic collaboration
The companies have signed a strategic collaboration agreement to further develop digital offerings in engineering, operations and services.
Serica Energy: completion of acquisition of BP's interests in Bruce, Keith and Rhum fields
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.
Petrofac awarded North Sea contract extension by TAQA
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.
Oil and gas industry set to accelerate move to digital in 2019
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.
Qatar quits OPEC – opinion
Ashley Kelty, oil and gas research analyst at Cantor Fitzgerald Europe, provides insight on Qatar’s announcement that it is leaving OPEC.
Kreuz Subsea appoints industry veteran to its board
Global integrated subsea services business, Kreuz Subsea, has announced the appointment of Knut Eriksen as the board’s first independent non-executive director.
Shell completes divestment of upstream interests in Ireland for up to US$1.3 billion
The sale will contribute to Shell’s US$30 billion divestment target for 2016-2018.
EnQuest: completion of Magnus transaction
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.