Upstream news
VesselsValue: US$10 Billion spent on newbuilds in H1 2018
The enthusiasm for newbuild orders across most shipping markets has started to wane after over US$10 billion were committed in Q1 2018. The total committed to new deliveries is now the lowest since the start of 2016.
M2 Subsea secures projects worth more than £10 million in six months
The company, which has bases in Aberdeen, UK and Houston, Texas, has successfully conducted more than ten projects across the oil and gas and renewable markets.
AlMansoori delivers facilities for Kenya's first oil wells
The US$15 million contract with Tullow Oil, part of Kenya’s EOPS, included the provision of degassing facilities for three well pads and an early production facility (EPF) for oil and water separation, stabilisation, storage and export.
Dry well near the Knarr field in the North Sea – 34/5-2 S
A/S Norske Shell, operator of production licence 373S, has completed the drilling of wildcat well 34/5-2 S. The well is dry.
Lerwick Harbour's support for west of Shetland Lancaster development
Lerwick Harbour's latest involvement in the offshore industry has been completed with the departure of a turret buoy mooring system for Hurricane Energy's pioneering Lancaster development, west of Shetland.
Fotech delivers unrivalled in-well monitoring and imaging with Helios Theta
Helios Theta provides fine-grained data on well performance during a range of operational scenarios such as Vertical Seismic Profiling (VSP).
OPITO Awards 2018 to celebrate global safety champions
The awards will honour individuals and companies committed to ensuring their workforce remains safe and competent to the globally recognised OPITO standards.
Hurricane Energy provides update on Lancaster field EPS
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has provided an operational update in relation to the Early Production System development of the Lancaster Field.
Prosafe awarded contract for Safe Scandinavia at the Ula platform
Prosafe has signed a contract with Aker BP ASA for the Safe Scandinavia to provide accommodation support at the Ula platform in the Norwegian sector of the North Sea.
Seadrill Partners announces contract award for the West Capella
Seadrill Partners LLC has secured a five well contract with the potential of several option wells with Sabah Shell Petroleum Limited for the West Capella in Malaysia.