Upstream news

Clariant has announced a low single-digit million amount investment to strengthen two of its North American Oil Services sites in order to further support customer growth in key oil basins.

AGR has secured contracts worth over £6 million in the North Sea and internationally, and recruiting more than 20 engineers and operational experts.

Following mobilisation of the rig, drilling at Opuama-7 is expected to commence by around mid-September and is forecast to begin production in October.

A major new in-depth labour market analysis of the oil and gas industry is to be carried out to determine the conditions of the sector and to shape a new skills strategy for the continued success of the UK Continental Shelf (UKCS) over the next 20 years.

During a series of shale drilling tests, FuchsRohr Alu Drill has shown improved durability and reliability, demonstrating an improved ROP in sliding mode of up to 30% (versus standard steel pipe) through more efficient weight-to-bit transfer.

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has commenced drilling of exploration well 7220/6-3 on the Børselv prospect in PL609 on the Loppa High in the southern Barents Sea.

Premier Oil will work closely with BP, ExxonMobil, Lloyd’s Register Energy, Shell and Total, amongst other operators and service companies, in this mission.

Surveying contractors have been engaged for the initial work programme on the 3D seismic survey and are expected to commence work within days.

As stated at the time of submission, Energean Israel owns 100% of the Karish and Tanin Fields, which combined have 2.7 TCF of natural gas and 41 million boe of light hydrocarbon liquids, totalling 531 million boe of 2C resources.

As a result of this agreement, CGG will shortly commence acquisition of a new multi-client survey of up to 40 000 km2 of 3D data over the Beira High in the Zambezi Delta.