Upstream news

The 52 500-square-meter facility expands TechnipFMC’s footprint in Saudi Arabia with a major investment and 140 new jobs focusing on Saudi talents.

The expected availability of the rig is now February 2020.

Daniel Rogers, Upstream Oil & Gas Analyst at GlobalData, a leading data and analytics company, estimates the deal could be worth approximately US$2.4 billion and offers his insight on the transaction:

Trelleborg Sealing Solutions will be showcasing its online ‘Seals-Shop.com’ service at Valve World Expo which runs from November 27 to 28 in Düsseldorf, Germany.

A leading oil and gas sector logistics expert has said the industry’s businesses trading with the EU welcome some vital provisions in the draft UK withdrawal agreement.

The agreement will involve the provision of enhanced subsea architecture and smart standardisation via Enpro’s patented Flow Access Module (FAM) technology.

OOO BNGRE is responsible for exploration, drilling and production in the Krasnoyarsk region in Central and Eastern Siberia. A significant numbers of MudCubes will be deployed in drilling rigs in the area as part of OOO BNGRE’s programme to upgrade drilling rigs.

The issue of where liability lies for oil and gas infrastructure left in place after decommissioning will come under the spotlight at a business breakfast taking place at the University of Aberdeen this week.

The Abu Dhabi National Oil Company will accelerate delivery of its new integrated gas strategy, as well as its plans to increase its oil production capacity to 4 million bpd by 2020.

The company was founded in 2008 by former North Sea rope access engineer Malcolm Connolly.