Upstream news
£36 million funding boost for offshore energy robotics, AI research and innovation
The Edinburgh Centre for Robotics, a partnership between Heriot-Watt University and the University of Edinburgh, will lead a consortium that includes Imperial College London, the University of Oxford and the University of Liverpool.
Chevron Canada Limited announces Kaybob Duvernay development programme
It is anticipated this initial development programme will comprise approximately 55 000 acres of Chevron’s operated position in the Duvernay resource in the area known as East Kaybob.
Africa Oil: Kenya operations update
Africa oil has provided an update of its operations in Kenya.
OPITO launches digital delivery of safety-critical oil and gas training to global industry
Transformational change to emergency response training revealed at OSCC to save industry a million hours of training time per year.
Well-Centric develops new tool to deliver dual milling and clean out solution
The Well-Centric Gate Valve Milling Tool is a milling tool designed to provide access to restricted wells by drilling through stuck gate valves or other blockages.
SIMMONS EDECO opens first operations base in Denmark
The decision to expand into Denmark was triggered by a recent contract awarded to provide wellhead maintenance services for wells in the Danish North Sea.
Expro secures well testing contract with INEOS Breagh in the Southern North Sea
The contract will see Expro provide testing services for at least three wells, including two new drills and one re-entry, at the Breagh Alpha Platform as part of the Southern North Sea (SNS) Development Programme. The contract includes an option to extend for a further two wells.
BHGE announces US$3 billion share repurchase authorisation
The company will use the proceeds from the sale of its BHGE LLC common units to repurchase its Class A shares. In addition, the company also announced its intention for BHGE LLC to issue new debt.
Manora Oil Field development drilling success
Tap Oil Limited provides the following update on the Manora Oil Field in the Northern Gulf of Thailand (TAP 30% interest), where the Atwood Orca jackup drilling unit has completed the drilling of the MNA-18 and MNA-19 wells.
Horizon Oil increases interest in Maari and Manaia fields, offshore New Zealand
The consideration to be paid for the interest is US$17.6 million, subject to customary working capital and purchase price adjustments, with an effective date of 31 December 2017.