Upstream news
Bibby Offshore secures Spirit Energy contract
The two-year agreement will see Bibby Offshore carry out inspection repair and maintenance (IRM) works, ROV inspection and subsea survey operations across a number of North Sea structures and pipelines.
Shale Support inks deal as exclusive provider for Northeast facility
Shale Support will work alongside Shale Rail, as a strategic partner for supply chain and transportation needs, leveraging the company’s quality service, history of safety and 20-plus years of industry expertise.
EM&I's NoMan remote camera technology cuts tank inspection costs
EM&I's 'NoMan' remote camera technology was recently used for tank inspections on an FPSO in the North Sea.
McDermott awarded subsea umbilical and flowline installation contract for the Lucius Field
McDermott International, Inc. has announced a contract award from Anadarko Petroleum Corporation for subsea umbilical and flowline installation in support of a tieback to Anadarko-operated Lucius field located 275 miles southeast of Galveston, Texas, in the U.S. Gulf of Mexico.
IFR joint venture reaches total depth in TEC-10 drilling
International Frontier Resources Corporation has announced that its joint venture Tonalli Energia has successfully and safely reached total depth at its first evaluation well, TEC-10, on its onshore Tecolutla block.
Enhanced reservoir software offers more robust risk analysis and reserves estimates
Roxar Tempest™ 8.2 comes with Big Loop™ extensions and greater third party integration taking reservoir engineers beyond traditional flow simulation capabilities and delivering greater project certainty through improved risk analysis.
SDX Evergy announce spud of Kelvin-1X exploration well, Egypt
SDX Energy Inc. has announced that it has spud its Kelvin-1X exploration well at South Disouq, Egypt.
Stone Ridge Technology and Eni Sign agreement and announce breakthrough calculation
Italian energy company Eni and US based Stone Ridge Technology announced that they have entered into a cooperative agreement designed to advance and accelerate the development of ECHELON®, SRT’s pioneering high-performance reservoir simulator.
Polarcus awarded XArray 3D project in Asia Pacific
Polarcus Limited has announced that the Company has received a Letter of Award for an XArray 3D marine seismic acquisition project in Asia Pacific.
GlobalData: Over US$46.3 billion will be spent on Southeast Asia’s upstream capex by 2020
An average capital expenditure (capex) of US$17.8 billion per year will be spent on 336 oil and gas fields in Southeast Asia between 2018 and 2020, according to GlobalData, a leading data and analytics company.