Upstream news

Drilling is performed by the brand new Cat J rig Askepott, purchased by the licence. This is the first job performed by this rig.

The newly developed fire-resistant material is thinner and lighter than any current passive fire protection materials available.

The West of Shetland (WoS) region is not a new province, but it is still one which is under-explored, at least by UKCS standards.

AWI will use the Sentinel HR on research projects it is conducting to record critical data about the relationship between geological activity and ecosystems in order to gain a better understanding of the Earth’s system.

Leveraging Proforma’s core competencies and expertise with LOMAK’s knowledge of the local environment, both parties bring skills to support the development of the oil and gas industry in Guyana.

Comet Ridge Limited has provided an operational update on the progress of the Mira pilot scheme, establishing it as the best performing gas well in Central Queensland’s Mahalo Block. 

Vryhof Business Deep Sea Mooring (DSM) to provide mooring equipment and design sevices; quality of personnel a key factor in Maersk drilling decision.

Following the partnership formed by GE and Noble Corporation plc, the two companies launched the world’s first digital drilling vessel, targeted to achieve 20% operational expenditure reduction across the targeted equipment and improve drilling efficiency.

Over US$151.5 billion in capital expenditure will be spent over the lifetime of the top ten offshore oil projects to produce 14.3 billion barrels of crude, according to GlobalData, a leading data and analytics company.

Borr Drilling announced its intention to acquire Paragon Offshore after inking a binding tender agreement to purchase all outstanding shares for US$232.5 million.