Upstream news
Wärtsilä to optimise performance and uptime of four Songa Offshore drilling rigs
The technology group Wärtsilä has signed a five-year technical management and services agreement with Songa Offshore for four Cat-D type semi-submersible drilling rigs operating in the North Sea.
Rystad Energy: recent Russian oil production data confirms delayed compliance from minor producers
Russian oil output averaged 11.11 million bpd in February 2017, representing no further output reductions relative to the January 2017 level.
Aibel signs up Aqualis Offshore for risk analyses
Aqualis Offshore has been contracted by Aibel to conduct human factors analyses for a number of the EPC contractor’s ongoing projects on the Norwegian continental shelf.
Ashtead boosts rental fleet with state-of-the-art inspection technology
The company has expanded its equipment rental pool following a significant investment in the latest Pulsed Eddy Current (PEC) technology to deliver faster, more accurate asset integrity inspections.
OPITO: Oil and gas still an attractive draw – for now, warns skills body
Young people living in the UK’s key energy hubs preparing for and making choices about their future careers still believe there is a long term future in the North Sea and want to pursue a career in the oil and gas industry, according to a new study.
READ signs multi-country award with Shell
The company has been awarded a multi-country award in the UK, Ireland and Norway, to provide all cased hole logging services and analysis within scope of supply for Shell’s operations in these regions.
Emerson introduces rugged, high precision digital downhole data logger
Emerson Automation Solutions has launched the Paine 328-12-0010 pressure and temperature data logger and digital transmitter, a high precision solution for process measurement and data logging in downhole drilling applications.
Aiteo emerges as leading Nigerian O&G company with record 90k bpd output in 1 year
The company is confident that its significant gas resources at OML 29 will transform the country’s oil rich Niger Delta region into a power generation hub of repute before long.
Marathon Oil announces US$2.5 billion Canadian oilsands divestiture and US$1.1 billion Permian Basin acquisition
Marathon Oil Corporation has announced it has signed an agreement to sell its Canadian subsidiary, which includes a 20 % non-operated interest in the Athabasca Oil Sands Project (AOSP), to Shell and Canadian Natural Resources Limited for US$2.5 billion in cash.
Repsol makes the largest US onshore oil discovery in 30 years
The Horseshoe-1 and 1A wells drilled during the 2016-2017 winter campaign confirm the Nanushuk play as a significant emerging play in Alaska’s North Slope.