Upstream news
SOCAR AQS and KCA Deutag announce historic Caspian joint venture
The joint venture, which will be jointly owned and managed, will be called Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company).
BiSN achieves double first with innovative tool deployment in Azerbaijan
The company also marked the first tool setting on telecoil in its history during the project, carried out on behalf of an operator active in the region.
2H Offshore installs fast-track retrofit conductor supported platform, offshore Bahrain.
On behalf of BAPCo and Schlumberger, 2H Offshore designed a tripod CSP with boat landing that can support three surface trees with a total work area of just 90 square meters.
TechnipFMC awarded subsea contract in Australia
The contract covers the project management and engineering, transportation, installation and pre-commissioning of umbilicals and flying leads as well as manifolds.
Eland Oil & Gas provide Opuama-10 update
Eland Oil & Gas PLC, an oil and gas production and development company operating in West Africa with an initial focus on Nigeria, through its joint-venture subsidiary Elcrest Exploration and Production Nigeria Ltd has announced the following update on the Opuama-10 well on Opuama Field, OML 40.
Wellesley drills dry well in North Sea
Wellesley Petroleum AS, operator of production licence 925, is in the process of completing the drilling of wildcat well 35/12-7 in the North Sea.
Element completes rebrand of Oil & Gas laboratories
Following the acquisition of Exova Group Ltd in June 2017, Element has created one, world-class global testing services partner and the rebrand of its laboratories marks the strengthening of its global presence in oil & gas testing.
Fairfield Geotechnologies awarded Z700® Project in the Middle East
The nearly eight-month project in the Middle East is a significant 4D opportunity for Fairfield Geotechnologies.
Unique Group enters into West Africa by means of a strategic joint venture agreement
The newly formed JV currently offers a full range of support to the oil & gas market in Nigeria and will further extend services into Sub-Saharan Africa.
BP, Eni and Shell are best-in-class amongst the Majors
A Rystad Energy review of the performance of their recent projects against those of other operators shows that the three European oil giants have outperformed their peers.