Upstream news
Well foundation technology under the microscope to cut well costs, improve safety and reduce environmental impact
The Industry Technology Facilitator (ITF), in collaboration with Maersk Oil, Nexen, Shell, Siccar Point Energy, TechnipFMC and the Oil and Gas Technology Centre (OGTC), is leading a joint industry project (JIP) to investigate an alternative well foundation technology for subsea exploration and production wells.
GlobalData: Russian upstream projects require US$102.6 billion by 2020 to maintain stable production
An average of US$34.1 billion per year in capital expenditure will be spent on 1673 oil and gas fields in Russia between 2018 and 2020, according to GlobalData, a leading data and analytics company.
Subsea 7 awarded contracts offshore Norway
Subsea 7 S.A. has announced the award of two contracts from alliance partner Aker BP in the Norwegian North Sea.
Repsol Norge selects Atkins to design Yme structural remediation
Atkins has been awarded a contract with Repsol Norge AS (RNAS) to provide structural front end engineering design (FEED) and detailed design services for the remediation of the Yme asset in the Norwegian Central North Sea following completion of Repsol’s project sanction.
Trelleborg finalises acquisition of Automated Dynamics
Trelleborg has, through its business area Trelleborg Sealing Solutions, fully acquired US-based privately-owned Automated Dynamics, an advanced composite components manufacturer.
Reveal Energy Services delivers first near real time DiverterSCAN technology results
Reveal Energy Services has announced that it has produced and delivered the first near real-time DiverterSCAN technology results, which allowed an operator to identify a diversion design that enhances hydraulic fracturing fluid distribution.
Tendeka secures OGTC funding for technology testing
Independent global completions service company Tendeka has been awarded funding from the Oil & Gas Technology Centre to advance further field testing of its wireless intelligent completions technology, PulseEight.
Energean awarded five exploration licences, offshore Israel
The new licences provide further exploration potential around the Company’s Karish and Tanin development.
ABB: Subsea variable speed drive completes successful shallow water test
Test subjects variable speed drive (VSD) to simulated harsh subsea environment proving reliability of concept as Joint Industry Project team pushes boundaries of traditional product development.
SNC-Lavalin and Saudi Aramco sign MoU supporting in-country opportunities
The MoU supports Saudi Aramco’s In-Kingdom Total Value Add programme, which applies to Saudi Aramco suppliers and drives the localisation of oilfield services and equipment value chain, to strengthen and diversify the Saudi economy.