Upstream news

Douglas-Westwood: The fatal helicopter crash in April 2016 near Turøy, Norway, involving the H225 / EC225, has created uncertainty surrounding the future supply of Airbus’s heavy aircraft.

Contract awards mostly centred in EMAS Offshore’s established presence in Southeast Asia and West Africa.

The company has reported a positive year in 2016, including a recruitment drive resulting from increased activity both internationally and in the North Sea.

Saipem has been awarded an EPRD contract for the decommissioning of the topsides and jacket of BP’s Miller Platform.

READ Cased Hole is an independent specialised provider of production logging and well integrity evaluation services with a 25-year track record from analysing wellbore data.

Seatronics Ltd has secured a contract with Bibby Offshore to be their preferred supplier of subsea rental equipment.

The new production phase adds to the company's continually growing E&P portfolio.

Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, has provided a pre-close operational update prior to its year end 31 December.

Following this transaction, Athabasca will take over operatorship of Leismer and Corner and Statoil will no longer operate any oilsands assets.

US crude oil proved reserves declined by 4.7 billion bbls and natural gas proved reserves declined by 64.5 trillion cubic feet.