Upstream news

Aramco has announced the signing of 34 Memoranda of Understanding (MoUs) and agreements, with a potential total value of approximately US$90 billion, with major US companies, through its Aramco Group Companies.

McDermott is delivering design, fabrication, integration, transportation and installation of an approximately 30 000 t topside and 37 000 t hull structure, making it the largest floating production facility the company has ever designed and built, and one of the largest semi-submersible production platforms built in offshore history.

Petrobras has announced that it has identified the presence of high-quality oil with no contaminants in the pre-salt of Santos Basin, in an exploratory well in Aram block.

Drilling waste management specialist, TWMA, has been awarded a contract with bp to provide drilling waste management services in the UK North Sea. TWMA says this agreement reinforces its position as a trusted provider of innovative solutions to the global energy industry.

Whiptail Midstream says its oil and gas gathering systems in the San Juan Basin played a role in supporting the growth of its producer customers in the Gallup oil play, and MPLX’s ownership will allow for continued investment and growth of the system as activity continues.

ABS issued an approval in principle to SBM Offshore for its concept of a near zero floating production storage and offloading (FPSO) unit.

The increasing number of simultaneous completions reflects significant technological advances in hydraulic fracturing operations, particularly in equipment capabilities and operational strategies.

The sale includes a five-year contract to provide ONGC with dedicated on-premises Sercel software and support services.

Wood has announced a trio of reimbursable contract extensions worth US$118 million to continue to deliver operations and maintenance solutions for Shell UK, Dana Petroleum and CNOOC International’s UK business.

ABS, a provider of classification services for marine and offshore assets, and Akselos S.A., a provider of structural performance management software, have announced a deepening of their cooperation with the joint completion of technical assessment for structural digital twin technology.