Upstream news
Ocean Floor Geophysics and PGS acquire NCS
NCS SubSea provides ultra-high-resolution 3D seismic data to the oil and gas and new energy markets via their P-Cable system.
Kveikje exploration well spudded
Kveikje, which lies in an area north of the Troll field in the Norwegian North Sea, is estimated to contain gross mean prospective resources of 36 million boe with further potential upside estimated at 79 million boe on a gross basis.
Schlumberger awarded service contract for Tilenga development
The scope of the contract includes the provision of directional drilling services, upper completions, lower completions, artificial lift solutions and wellheads for the Tilenga development.
Apache Corp. and LongPath Technologies expand Permian Basin methane monitoring partnership
With the planned expansion, LongPath will provide real-time monitoring for approximately 60 Apache facilities across multiple areas of the Permian.
Vallourec to supply work-over risers for Equinor’s Bacalhau field
The contract was awarded on behalf of Subsea Integration Alliance, a strategic global alliance between Subsea 7 and OneSubsea.
Plexus suspends activities with Russian licencee partner
The company has suspended activities with LLC Gusar as a result of the ongoing situation in Ukraine.
Schlumberger deploys engineering digital solutions for ConocoPhillips
ConocoPhillips will use Schlumberger digital solutions enabled by the DELFI environment to bring its reservoir engineering modeling, data and workflows to the cloud.
Subsea 7 awarded Krafla project FEED contract
The awarded work is required to finalise the technical definition of the proposed development prior to Equinor and its partners making a final investment decision.
Enteq Technologies opens UK technology centre
The launch of the centre in Andoversford follows successful downhole and system testing of Enteq Technologies’ new SABER Tool, an alternative to traditional rotary steerable systems (RSS) for directional drilling.
Shell announces exit from Russian joint ventures
At the end of 2021, Shell had around US$3 billion in non-current assets in Russia.