Upstream news
Atkins awarded new global framework agreement by BP global wells organization
The framework covers four main scopes of work; marine riser and wellhead systems analysis, analysis for wellhead fatigue monitoring, completion landing string analysis, and open water work-over riser analysis.
GlobalData: best performing wells in Permian break-even at as low as US$22/bbl
Well lateral lengths in the Permian have increased in average by more than 1500 ft since 2016 to approximately 7500 ft by the end of 2017, says GlobalData.
BHGE awarded subsea and well completions contracts
Company to supply subsea production systems (SPS) and well completion equipment for one of the world’s largest natural gas projects.
Global maritime appoints US country manager
Global Maritime, a leading marine, offshore and engineering consultancy, has appointed Eric Frank to oversee its’ United States operations based out of Houston.
Wellsite appoints Jessica Roger as Vice President of Administration
Roger will be responsible for overseeing internal administration, directing administrative functions in accordance with industry standards, regulatory agencies and company policies and leading, guiding and mentoring staff in their tasks.
Exxon Mobil singled out for contribution to the growth of Cyprus’s economy in awards
The company has been announced as a winner of the 2018 Invest Cyprus International Investment Awards, recognising the contribution of foreign investors to the growth of Cyprus’s economy.
Mayan Energy Ltd: Acquisition and Issue of Equity
The company has has entered into a conditional Sale and Purchase Agreement to acquire interests in 12 well bores, including 7 additional vertical wells at the Stockdale Field in Wilson County, and 3 horizontal and 2 vertical Austin Chalk wells in Wilson and Gonzalez Counties, Texas
Anglo African Oil & Gas PLC: Update on workover of TLP-102 and rig for TLP-103
Anglo African Oil & Gas plc, an independent oil and gas developer, has announced the results of further work on the TLP-102 well (‘TLP-102’ or ‘the Well’) on the Tilapia licence in the Republic of the Congo.
GlobalData: OPEC pledges to raise production to satisfy 100% of target cuts
The historic OPEC agreement from late 2016 to curb production has recently exceeded targeted compliance by 152%.
Carnarvon Petroleum provides Dorado-1 drilling update
Carnarvon Petroleum Limited has provided the following update on the drilling at the Dorado-1 well.