Upstream news

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.

At the most recent meeting of the FPSO Global Research Forum in Holland last month there was a record attendance of top companies.

The company has been awarded the FEED contract for Gudrun Phase 2 Water Injection. The contract with Equinor also includes an option for the actual implementation (EPCI).

The companies have unanimously approved and decided upon a final merging plan.