Upstream news

The new plug-in functionality, called Geofacets for ArcGISÒ, gives geoscientists the ability to make more informed exploration decisions and reduce risk.

The company completed its first transfer for the oil major in Trinidad & Tobago in 2010 and has since enabled another 17 projects in seven countries.

Santos announced on 22 August 2018 the proposed acquisition of 100% of Quadrant Energy for US$2.15 billion plus potential contingent payments.

Tidewater and GulfMark stockholders overwhelmingly supported the business combination.

Total oil production from the 2018 EWT has reached 13 920 bbls, approximately 2.21 million litres, with gross oil sales of approximately US$1.1 million.

The Vaca Muerta Shale Basin in Argentina is the only unconventional play outside of North America where activity has already made the transition from exploration to full-scale development.

Mobile training app for crew and intelligent endpoint security for onboard computers strengthen Inmarsat's Fleet Secure portfolio of products.

Staff have relocated from nearby Ryton, Tyne and Wear, to a purpose-built engineering services and manufacturing centre at the Tyne Tunnel Estate, North Shields, following a £10 million investment.

The company, which currently owns 13 oil leases, has successfully started production at its Potts lease, Indiana. This means the company has now been officially classified as an operator by the state’s Department of Natural Resources (DNR).

Rental systems are currently available in the Ohio and Houston markets and will be available in California beginning January 1, 2019.