Rystad Energy: Key digital initiatives could save oil and gas industry over US$320 billion
Rystad reports on how digital innovation is changing the oilfield services sector.
Browse the latest upstream project news news and articles.
Rystad reports on how digital innovation is changing the oilfield services sector.
bp has provided an update following its significant hydrocarbon discovery at the Bumerangue block, located in the pre-salt Santos Basin, offshore Brazil.
On average, the platform’s production exceeded 250 000 bpd throughout the month of October, representing a volume above its nominal capacity of 225 000 bpd.
WellSense, a specialist in fibre optic well diagnostics, has developed a single-use, jet-propelled and battery powered well conveyance technology, which is able to rapidly deploy bare fibre into highly deviated wells.
Ninth edition of DNV’s Energy Transition Outlook finds that policy reversals in the US will only have a marginal impact on the global energy transition.
The deal marks the first technology divestment for WellSense and FrontRow Energy Technology Group.
The project is located in the western Pearl River Mouth Basin, with an average water depth of approximately 150 m.
Aker BP has successfully completed the Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area.
The vessel will be used during the Pre-Operational Assessment (APO), scheduled to begin on 24 August.
Aker BP, together with NOV and Nymo, have celebrated an important milestone in the Valhall PWP project: the completion of equipment installation on the 1000 t MEG module being built at Nymo’s yard in Grimstad.
The Yellowtail Project is located in the Stabroek Block offshore Guyana, with water depth of 1600 - 2000 m.
The multi-year contract includes MPD services for an initial 8 wells with the potential to expand to 24 wells. The award reinforces Weatherford’s market leadership in high-performance MPD and expands its presence in Mexico’s offshore energy sector.