Petrobras awards McDermott Sepia field project contract
The contract entails engineering, procurement, construction and installation of subsea risers and flowlines for the first phase of the Sepia field, offshore Rio de Janerio.
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The contract entails engineering, procurement, construction and installation of subsea risers and flowlines for the first phase of the Sepia field, offshore Rio de Janerio.
Equinor, the operator of the field located in the Norwegian Sea, estimates recoverable volume to be 67 million bbls of oil and 1.4 billion m3 of gas.
The company’s share will increase from 23.55% to 46%.
The Blackrock exploration well is located in the West of Shetland.
Union Jack Oil’s revenue increased by 250% in 2018, standing currently with a cash balance in excess of £2.5 million.
The Lancaster field, offshore the West of Shetlands area, is Hurricane’s most appraised asset, with five wells drilled by the company to date.
Dan Munro, CEO of PJ Valves writes about the benefits of a long-term approach to changing oil prices.
Oxifree Global Ltd has unveiled a follow up to the Polymelt 50 applicator for use with the anti-corrosion thermoplastic coating, TM198 – the Polymelt 12 applicator.
Baker Hughes, a GE company, has announced the introduction of its DELTA-TEQ™ low-pressure-impact drilling fluid.
This landmark oil deal marks yet another achievement for Africa’s growing energy investments and will provide further boost to South Sudan’s economic revival.
IriSphere look-ahead-while-drilling service reduces drilling risks and improves efficiency by providing data ahead of the bit in real time.
One of the oldest platforms on the Norwegian continental shelf, Statfjord A, operated by Equinor, was originally scheduled to be shut down in 1999.