Upstream news

Equinor has awarded Kvaerner an additional scope at Njord A to enable the platform to receive oil from the Fenja field. The additional scope has an estimated value of approximately NOK 500 million.

Providence Resources P.l.c., the Irish based Oil and Gas Exploration Company, provides a Licence Update on Frontier Exploration Licence (FEL) 2/14.

From 25 to 26 April and from 7 to 10 May 2018, the Petroleum Safety Authority carried out an audit of ConocoPhillips' planning and execution of drilling and well operations at Ekofisk X.

Carnarvon Petroleum Limited has provided the following update on the drilling of the Dorado-1 well.

Cub Energy Inc., a Ukraine-focused upstream oil and gas company, announces that KUB-Gas LLC, Cub’s 35%-owned subsidiary which owns and operates the eastern Ukraine licenses, announces results of two recent operations.

Dillinger has expanded its format range for plates of unparalleled thicknesses and quality. Thermo-mechanically rolled plates in DI-MC branded grades S355 and S460 are now also available in thicknesses of up to 150 mm.

Jack Allardyce, oil and gas research analyst at Cantor Fitzgerald Europe, comments on the impact of the trade war on oil demand.

Centre is the only provider in the world with a self-propelled hyperbaric lifeboat.

Blackbuck Resources receives significant equity commitment from Cresta Energy Capital.

Tesorillo covers 38 000 ha in a proven hydrocarbon region and contains a known gas discovery, which is estimated to hold gross unrisked Prospective Resources of 830 billion cubic feet of gas (Best Estimate), with upside in excess of 2 trillion cubic feet.