Upstream news

Trelleborg has invested in a new production facility for sealing solutions in Denmark.

Australasian Oil & Gas (AOG) in conjunction with Subsea UK, the Society for Underwater Technology (SUT) and Subsea Energy Australia (SEA) are seeking abstract submissions for presentations to be considered for the AOG 2018 Subsea Forum, as part of the AOG Conference.

Oil and gas asset integrity and corrosion management firm, LUX Assure, has appointed a new non-executive director to its board.

Professor John Underhill, Chief Scientist at Heriot-Watt University, revealed that while opponents of hydraulic fracturing continue to focus on the environmental impact of this method of oil and gas extraction, the geology of the UK doesn’t support it.

The Dresser-Rand business, part of Siemens Power and Gas, was awarded two orders to supply power generation equipment for two projects for CNOOC Limited (China National Offshore Oil Corporation Limited).

Two subsea mid water arches weighing around 100 t each are just some of the items that have been landed at Aberdeen Harbour as the port supports Maersk Oil’s decommissioning campaign.

Whiting will use the net proceeds from the sale to repay US$500 million of its current US$550 million bank debt. The effective and closing date of the sale is September 1, 2017.

These two drilling contracts are to be deployed in PetroChina’s CBM (coal bed methane) Blocks - Fanzhuang and Anze - within Shanxi Province and are estimated to have an aggregate value of at least US$2 million.

Gas projects in Australia and Trinidad are fourth and fifth of seven major projects start-ups BP expects in 2017.

Petrobras reports that its total oil and natural gas production in July was 2.74 million boe/d, 2.63 million boe/d of which produced in Brazil and 114 000 boe/d produced abroad.