Upstream news

The non-core assets are to be sold for US$292 million, coring up and bringing down net debt.

Expands portfolio to cover more of the energy value chain than any other oil and gas software provider.  

DOF Subsea has been awarded various contracts in the Atlantic region, securing utilisation for vessels and personnel in the Subsea/IMR Projects segment.

The independent international heavy oil technology company has concluded an agreement to form a new Joint Venture in Mexico, to advance the commercialisation of its VHTL upgrading technology in the country.

The deployment to BP Lower 48 provides hydrocarbon accounting for approximately 10 000 onshore gas and liquid wells over six operating areas in North America.

Free to attend, OPITO Global will build on the successes of the previous one-day conference and exhibition, formerly known as OPITO Safety & Competence Conference (OSCC).

The Stega™ drill bit has an efficient layout design that optimises the placement of back-up cutters to improve bit durability without decreasing drilling efficiency or rate of penetration (ROP).

The contract encompasses subsea construction, inspection, maintenance and repair (IMR) and logistics services in the Gulf of Mexico.

IKM Subsea Singapore signed a contract with PTTEPI for their appraisal campaign offshore in Myanmar.

Rose Petroleum plc has announced that it has increased its land position in the Paradox Basin, Utah, USA.