Upstream news

The deal with SolstadFarstad, who have a particular focus on the offshore oil and gas and renewables sectors, is the biggest DP assurance contract in Global Maritime's history.

International energy consultancy Xodus Group has revealed it has won £5 million worth of field development work over the past twelve months.

Arundo Analytics, a software company enabling advanced analytics in heavy industry, has announced that it is expanding its presence in Calgary, Canada.

International Frontier Resources Corporation (IFR) joint venture Tonalli Energia (Tonalli), in partnership with Mexican petrochemical leader Grupo IDESA, has announced production test results of its workover of the previously drilled TEC-2 well.

Echo Energy plc, the Latin American focused upstream oil and gas company, has announced the completion of drilling of the ELM-1004 exploration well at the Company's Fracción C asset, onshore Argentina and a gas discovery for the first well in its four well exploration campaign.

SDX Energy Inc., the North Africa focused oil and gas company, has announced the positive results of the well test conducted on the Ibn Yunus 1X well following the recent conventional natural gas discovery at South Disouq, Egypt (SDX 55% working interest and operator).

The platform currently has a diverse variety of items available for sale, ranging from large, technically complex equipment such as ROVs and BOPs to smaller constituent parts such as LARS or ship engines.

Business within the marine sector drove a growth in revenue of 3%. RINA's fleet of classed vessels increased by 7% outperforming the market average of 2.5%.

In partnership with the Oil & Gas Technology Centre (OGTC), the team has successfully completed phase one of a project to install and test PulseEight as an insert safety valve.

The Osorb Media System (OMS) reduced the concentration of free, dispersed, and water-soluble hydrocarbons, as well as many non-polar oilfield chemicals, in produced water from an operating plant to below 5 ppm.