Upstream news

FairfieldNodal has announced an exclusive alliance with Ikon Science, an industry leader in geoprediction software sales and services, to offer complete reservoir services to the oil and gas industry.

Interventek Subsea Engineering is launching a new open water well control valve at OTC 2017.

Intecsea has launched a range of low-motion floaters, which are suitable for all water depths.

2H Offshore has successfully completed the installation of the first of 17 production top tension risers.

The new technology to be presented at upcoming conference in Texas

BP has announced it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS.

LGO has confirmed that well GY-683 was spudded on Friday 31 March 2017 with Rig#18 at the Goudron Field in eastern Trinidad. The well is currently drilling ahead at a depth in excess of 350 ft.

Triangle has jointly (50/50) executed a share purchase agreement in partnership with Royal Energy Pty Ltd to acquire the 42.5% balance of the Cliff Head Oil Field from ROC Oil Company Limited.

The US Bureau of Safety and Environmental Enforcement (BSEE) authorised the use of QuietSea for seismic survey operations in the US waters of the Gulf of Mexico.

Lift IQ service improves well production and artificial lift equipment performance.