Upstream news

The multi-million dollar project includes the recently completed project management, fabrication and construction of approximately 60 miles of 12 in. and 8 in. pipeline for the gathering system.

Bibby Offshore, a leading subsea services provider to the oil and gas industry, has successfully completed a multi-million pound contract with Maersk Oil UK, providing both subsea structure and pipeline inspection support in the UKCS.

Vallourec has announced that after negotiations run with the US oil services company National Oilwell Varco (NOV), it has received a binding offer for the purchase of Vallourec Drilling Products business, for a total cash amount of US$63 million.

The scale of the project will require US$35 billion with the first phase costing US$6 billion representing a landmark agreement for Genoil.

ABB Ability™ enabled microgrid to support Woodside’s efforts to reduce carbon emissions and help optimise costs.

The recently drilled Mira 6 horizontal well, which ran inside the Castor coal seam for approximately 920 m and intersected the Mira 2 well at about the mid-point, came on-line and is producing water as planned.

Aker Solutions was awarded a contract from Aker BP to deliver the subsea production system for the first phase of the Ærfugl development offshore Norway.

The projects have been secured from repeat customers, Petrobras and SOFEC Inc. (SOFEC) respectively, worth a combined value of approximately S$130 million.

Production from the Peshkabir field in the Tawke licence in the Kurdistan Region of Iraq has tripled to 15 000 bpd following completion of the Peshkabir-3 well testing, stimulation and clean-up programme.

Independent Oilfield Services (IOS), Peterhead-based storage and inspection firm, is to invest £5.5million in the North-east of Scotland over the coming months.