Upstream news

Cornerstone Completion Services (CCS), a recently-launched division of Wellsite Fishing and Rental Services, LLC has appointed David R. Reynolds as its new business development and advisory manager.

Bibby Offshore, the leading provider of subsea installation and services to the offshore oil and gas industry, is pleased to announce the long-term extension to the charter of its dive-support vessel (DSV) Bibby Topaz, owned by Volstad Maritime.

GE has announced new innovative agreements including a landmark technology cooperation agreement, contracts for subsea trees and wellheads, and a new Predix-enabled digital solution for equipment monitoring.

The Subsea Inspection Services will support underwater inspections of subsea pipelines, assets and facilities to energy companies operating offshore.

Chrysaor Holdings Limited, the UK oil and gas independent, is to acquire a package of assets in the UK North Sea from Shell UK Limited and its affiliates for a price of US$3.0 billion.

NEL, the flow measurement R&D specialist, has been selected to lead the development of a new multiphase flow measurement standard for the oil and gas industry.

Chevron has reported earnings of US$415 million for Q4 2016, compared with a loss of US$588 million in Q4 2015.

TGS has begun field operations on the West Kermit 3D seismic survey in the Delaware Basin. This project will encompass a minimum of 150 square miles in Loving and Winkler Counties, TX.

Egdon Resources plc has announced that it has now completed the acquisition of an additional interest in PEDL201 in the Company’s East Midlands core area.

Lundin has received consent to carry out exploration drilling of well 16/1-27 on the Edvard Grieg field.