Upstream news
Reliance Industries Ltd awards Schlumberger contract for subsea production system for Deepwater Gas Project in India
OneSubsea, a Schlumberger company, today announced an award by Reliance Industries Ltd of an engineering, procurement and construction (EPC) contract for supply of the subsea production system for the R Cluster (Block KG-D6) Project, offshore the east coast of India.
McKinsey Energy Insights expects delay in full oil price recovery until late 2020
McKinsey Energy Insights (MEI) has released its latest Global Oil Supply and Demand Outlook, in which the company projects that global oil prices will remain in the US$50 - 60/bbl range until late 2020.
Churchill Drilling Tools and ToolServ celebrate successful five year Norwegian partnership
Churchill Drilling Tools, a global oilfield service company specialising in drilling innovation, and its Norwegian distributor, ToolServ, are celebrating a five year partnership which has helped oil and gas operators in the Norwegian sector improve their drill programmes.
FuchsRohr AluDrill: Pipe material critical factor in the pursuit of drilling efficiency
The lightweight aluminium alloy pipe FuchRohr AluDrill significantly improves oil and gas drilling performance compared to standard steel pipes.
Crude prices to curb oil well cement consumption through 2022
The market for global oil well cement, a specialty niche cement product used in oil, gas and geothermal well-bore drilling, is projected to exceed 5 million t by the end of 2017. The figure represents a 26% decline versus the 2013 peak.
Archer launches next generation downhole imaging and measurement services
The launch introduces SPACE Vernier, a service designed to maximise well life by measuring the internal and external dimensions of the entire wellbore to generate statistical analysis of localised damage and systemic corrosion.
Gardner Denver turns to the Middle East
Gardner Denver Petroleum & Industrial Pumps has announced it has officially launched its Parts on Demand programme in the Middle East.
Naming ceremony held for world's largest FSRU
Many Guests were invited to witness the naming of our FSRU as the MOL FSRU Challenger. The MOL FSRU Challenger will provide storage and regasification services to a project in Turkey after delivery during October. Operation is slated to commence within 2017.
Subsea 7 announced contracts awarded to Subsea Integration Alliance
The substantial contract was awarded to Subsea Integration Alliance, which is a partnership between Subsea 7 and OneSubsea, a Schlumberger company.
Haakon Haaland appointed new Managing Director of MOL Norge
Haakon Haaland gained vast experience working at companies like ConocoPhillips and E.ON having been based in Houston, London and Stavanger. Before joining MOL Norge, he was Managing Director of E.ON Norge in Stavanger from 2008 up to its take-over by DEA in 2015.