Upstream news

China’s swelling demand for oil and gas for domestic consumption and heavy dependency on imports makes it one of the most lucrative markets for the global oil and gas industry, according to GlobalData.

Hardide Coatings has provided a coating solution for a new tool that will save oil and gas operators millions of pounds per year by extending weather windows for drilling operations.

Project management and engineering are scheduled to be performed in Houston, Texas, with offshore installation by McDermott targeted for completion in mid-2019.

The company has signed Marinesat as a value-added reseller to deliver its maritime-optimised communication solutions to vessels in China and other markets.

The well is situated inside the Taribani field area located in onshore Block 12 in Georgia.

The company has provided an update on its current drilling programme at the Puesto Flores/Estancia Vieja Concession.

The effective date of the transaction is 1 January 2018.

A quick and easy solution can speed the certification of fibre optic cabling installed in explosive atmospheres including caustic marine environments.

Entrepreneur and Industrialist, Hayden Smith who has 50 years business experience under his belt. He was founder, managing director and laterally chairman of TRAD Group.

The Anyala and Madu field project scope will develop approximately 185 million bbs of oil and 637 billion ft3 of gas reserves.