Upstream project news
Expro partners with Petrobras for development of new flowmeter technology
The technology will provide flow rates and identify flow patterns, generating online and real-time data availability for control and monitoring of slug instabilities to increase efficiency and optimise production of wells.
Equinor and Shell to create the UK’s largest independent oil and gas company
The incorporated joint venture (IJV) will be set up to sustain domestic oil and gas production and security of energy supply in the UK.
Ghana’s Springfield completes Afina appraisal well with 12 000 bpd on the horizon
Springfield Exploration and Production has successfully completed appraisal well test activity at the Afina oil and gas discovery, offshore Ghana.
Fulkrum announces new Iraq entity and major gas project
Fulkrum, a leader in inspection, expediting, auditing, and technical staffing services, announces the launch of its new entity in Iraq. This significant milestone comes as Fulkrum secures a multi-million USD contract to provide surveillance services for a major Gas Hub development project in the region.
Rystad Energy: Vaca Muerta smashes crude output record in 3Q24, on track to meet 1 million bpd in 2030
The 35% y/y surge in third-quarter production was driven by improved productivity and expanded takeaway capacity, led by flagship operator Yacimientos Petrolíferos Fiscales (YPF) and bolstered by local independent producers.
Prospex Energy announces progress on Viura-1B well testing onshore Spain
Prospex Energy plc, the investment company focused on European gas and power projects, has announced an update on the schedule of the flow testing at the Viura-1B development well, which is expected early in December.
Kent announces collaboration with BASF on gas treatment in the Middle East
Kent, a provider of engineering and project management services in the energy sector, has been awarded a contract for engineering services by BASF to support the company’s gas treatment initiatives in the UAE.
Equinor announces contract to Northern Ocean to employ mobile rig
Equinor has awarded a two-year firm contract to Northern Ocean Wind AS to employ the mobile rig Deepsea Bollsta on the Norwegian continental shelf.
ADNOC awards US$196.2 million manufacturing contracts
ADNOC has announced the award of contracts valued at AED720 million ($196.2 million) for local manufacturing of a wide range of products across its value chain. The announcement was made at ADNOC’s Business Partnership Forum which was held on the sidelines of ADIPEC.
Petrofac awarded contract in Bahrain
Petrofac has been awarded a multi-million-dollar, two-year contract by Bapco Upstream W.L.L. to further enhance its production in Bahrain.