Upstream news

Global integrated subsea services business, Kreuz Subsea, has announced the appointment of Thomas Liew as the group’s chief financial officer.

Additional payments of up to US$550 million could be payable by Total in case of an improvement in the oil markets in the coming years.

Maersk Drilling has been awarded contract extensions for the high-efficiency jack-up rigs Maersk Resolute and Maersk Resolve by Petrogas E&P Netherlands B.V. and Wintershall Noordzee B.V., respectively.

The latest project comes as OGIC finalises agreements on five new technologies, all of which have the potential to cut operational costs and improve efficiency in the oil and gas industry.

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.