Upstream news

The company has secured significant industry prefunding and has been granted the environmental permit for a broadband 3D marine seismic project in Australia.

The award recognises the high levels of safety and service quality that Weatherford has provided to Shell’s well operations throughout the year, as well as the service company’s collaborative, solutions-based approach.

Seatronics, a marine electronic equipment specialist in subsea services group Acteon, is enhancing its offering to clients in the Middle East with the appointment of Akram Ali as regional manager.

The new GSPAs will bring total contracted volumes from the Karish and Tanin development project to more than 4 BCM per year, surpassing the Company’s initial targeted sales volumes and creating significant additional value.

Aker Solutions won a contract from Sembcorp Marine to design the living quarters for the Johan Castberg development's floating production, storage and offloading vessel (FPSO).

The new merged entity would operate under the name Wintershall DEA.

Global mooring specialist Delmar Systems, Inc. has entered a partnership with leading pipelay equipment provider Maritime Developments (MDL), to set up a flex-lay base in the USA.

Touchstone Exploration Inc., has announced that it intends to complete a private placement directed towards United Kingdom institutional investors.

Sparrows Group has secured a new five-year contract with Premier Oil for the provision of crane operations and maintenance across two of its North Sea assets.

CGG Multi-Physics has announced completion of the acquisition, processing and interpretation of a multi-client airborne gravity and magnetic survey of approximately 38 000 line km over the Perdido Fold Belt.