Upstream news
Perkins engine powers revolutionary wellhead system
The entire process is handled by a single operator working from a safe distance away from the wellhead and takes about 60 seconds. RigLock is also capable of handling three connections simultaneously.
Providence Resources: Newgrange Prospect update
The company has provided an update on FEL 6/14 that contains the Newgrange Prospect.
Aker BP acquires King Lear discovery
The company has entered into an agreement with Equinor Energy to acquire its 77.8% interest in the King Lear gas/condensate discovery in the Norwegian North Sea.
NES Global Talent acquires Bedrock Petroleum Consultants
NES has continued to pursue a strategy of organic growth complemented by targeted acquisitions.
Petrotechnics launches 2018 operational excellence survey
The company has launched its annual OE Index, which aims to assess the pace and impact of digital transformation in hazardous industries.
Saipem: new Offshore E&C contracts in Azerbaijan, the North Sea and the Republic of Congo
The overall value of the contracts is approximately US$400 million.
Coretrax provides £500 000 saving in well abandonment project
Coretrax has successfully saved a North Sea operator more than £500 000 during a well abandonment campaign in the UKCS.
Double first for EM&I
A first-time contract for the world’s largest drilling company, and a first-time valve double isolation using an ODIN® inflatable plug installed with an ROV.
Block Energy Plc. begins workover operations in Georgia
Block Energy Plc, the exploration and production company focused on the Republic of Georgia, has announced the start of a fully-funded workover programme at its Norio oilfield intended to scale up production rapidly by the end of 2018.
Equinor: production start at Oseberg Vestflanken 2
On 14 October the Oseberg Vestflanken 2 field in the North Sea came on stream.