Upstream news

Subsea 7 has won the award of a subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil. (Image: Maersk).

AzEire Ltd., the Ireland focused oil and gas exploration company has announced that it has been awarded an extension to its 100% working interest FEL 1/13 Licence in the Porcupine Basin.

Statoil is the operator of the Norne field in the Norwegian Sea, west of Mo i Rana in Nordland county. The field has been developed using a floating production and storage unit, tied to the well templates on the seabed. Water depth at the Norne field is 380 m.

With UK subsea exports valued at almost £5 billion, Subsea UK is encouraging British firms to set their sights on international expansion to sustain long term growth.

McKinsey Energy Insights (MEI), the analytics specialist that provides distinctive insight and support to the global energy industry, has launched the Energy Demand Intelligence (EDI) Community tool.

Aberdeen-based Zilift, has achieved more than one year’s production from its TorqueDrive technology in a cyclic steam operated, previously sub economic, well in California.

The company's oil production for the period was 50 309 bbls (average of 547 bpd net to Range, which is a 23% increase from the previous quarter.

TEAM Oil Tools has developed the TOMCAT™ Fully Composite Frac Plug, an addition to the TOMCAT Product Line.

Hawkwood Energy, has announced that it has reached a definitive agreement for its wholly-owned subsidiary Hawkwood Energy East Texas, LLC to acquire producing and non-producing assets from subsidiaries of Halcon Resources for US$500 million.

Fluor Corporation has announced that it was awarded a two-year engineering services framework agreement with North Caspian Operating Company (NCOC) for conceptual studies and front-end engineering for its projects in the Caspian region.