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Upstream news

 

CAN Group retains North Sea integrity contract

CAN Group has retained a key contract in the UKCS to provide topsides inspection and integrity support services for Apache North Sea’s assets in the UKCS.

 
 

Shale producers drop rigs and add hedges

Despite a slowdown in the number of rigs being added in the shale basins, output targets will be met or exceeded as producers are adding to their hedged positions, according to ESAI Energy’s recently released North America Watch.

 
 
 

Well-Safe Solutions appoints two more directors

Well-Safe Solutions has announced the appointment of two more directors to lead the recently launched business which aims to become a market-leader in North Sea decommissioning.

 
 
 

KrisEnergy seal terms for Cambodia Block A oil development

Under the terms of the agreements, KrisEnergy has 60 days to declare a final investment decision thereby signalling the formal launch of the Apsara project, which is expected to take up to 24 months to produce first oil.