Upstream project news

GlobalData’s latest report, ‘Top Oil and Gas Companies Planned Projects and Capital Expenditure Outlook in Europe – Equinor Leads Capital Spending Across Oil and Gas Value Chain’, reveals that Equinor ASA tops the companies European spend list.

GlobalData’s latest report reveals that a total of 67 crude and natural gas projects by four countries operating in the North Sea are expected to start operations during 2018-2025.

The company has been awarded a contract by an affiliate of ExxonMobil Corporation for the engineering of the subsea system for the proposed Liza Phase 2 project.

The contract in Saudi Arabia is for the floatover, from Oman to Saudi Arabia, and installation of multiple platform topsides.

Coretrax has successfully saved a North Sea operator more than £500 000 during a well abandonment campaign in the UKCS.

TGS and Schlumberger today announced a new multiclient nodal seismic project in the US Gulf of Mexico.

This appears from the status for Norwegian projects under development published the Government’s national budget proposal for 2019.

The project brings together leading subsea equipment and services from BHGE, McDermott and LTHE to provide ONGC with end-to-end project delivery.

The company has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf (UKCS).