Upstream news
Faroe Petroleum announces Rungne exploration well results
The Rungne exploration well 30/6-30 spudded on 19 October 2018 and was drilled to a total depth of 3469 m below sea level.
Paradigm Group expands with offices in China and the Middle East
Paradigm Group has recently opened offices in both China and the Middle East to cater for an increase in international sales and service demand.
TechnipFMC signs a surface technologies frame agreement with Chevron
This 5-year agreement covers the exclusive supply of surface wellhead equipment and service in the United States and Canada.
Penspen secures US$70 million contract with ADNOC Onshore
The project is for the provision of project management consultancy (PMC) services for the company’s 15 major projects and will cover different stages of engineering, procurement and construction (EPC) activities.
Schlumberger introduces new well testing technology
Concert well testing performance real-time technology delivers actionable information for better decision making and safer operations.
ADNOC to invest AED5.1 billion to upgrade its giant Bu Hasa field
This is an important step towards delivery of ADNOC’s 2030 smart growth strategy that seeks to increase its crude oil production capacity and reduce cost to create a more profitable upstream business.
Tidewater chooses UniSea to digitalise and standardise business processes
The UniSea software suite will be implemented on all Tidewater vessels and in all offices.
Corallian Energy: updates on Wick and Colter wells
OPRED has advised the Oil and Gas Authority of its in-principle agreement to the issue of the relevant consent for both projects.
TWMA strengthens senior management team with key appointment
The company has appointed Mohamed Galal as regional director for MENA.
Eni signs Ghasha gas concession with ADNOC
The Ghasha Concession, which has a term of 40 years, consists of the Hail, Ghasha, Dalma and other offshore fields, located in the Emirate’s Al Dhafra region.