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Petrofac to establish Petrogas NEO UK’s new North Sea operations

Petrofac to establish Petrogas NEO UK’s new North Sea operations

Petrofac has been selected by Petrogas NEO UK – a jointly owned company created by Petrogas E&P UK, and NEO Energy. Company announces a new contract and the award of an additional scope of work with Petroleum Development Oman (PDO). Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of...

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Equinor and partners tally Echino South find in the North Sea

Equinor and partners tally Echino South find in the North Sea

Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South. Equinor is awarding a contract for constructing and installing the subsea production system. In the aftermath of Hurricane Dorian there are reports of widespread devastation across the Bahamas. Recoverable resources are estimated at 6-16 million standard cubic meters...

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Chevron’s buyer for UK fields seek funds from commodity traders

Chevron’s buyer for UK fields seek funds from commodity traders

A unit of Delek Group Ltd. is seeking alternative means of financing to complete its $2 billion. Chevron Corporation announced that it has signed a Share Purchase agreement. Company announced a 2019 organic capital and exploratory spending program of $20 billion. The acquisition of some of Chevron Corp.’s North Sea oil and gas assets after...

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Dolphin Drilling lands semisub contract with Shell

Dolphin Drilling lands semisub contract with Shell

Global contractor Dolphin Drilling has secured further work for its Borgland Dolphin semi-submersible drilling rig. The oil rig has left a £50,000 cash donation. Olsen Energy ASA, has entered into a contract for the provision. The company has won a contract with AS Norske Shell in Norway to provide rig support. The majority lenders under...

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Welaptega completes mooring inspection campaign for BP in Angola

Welaptega completes mooring inspection campaign for BP in Angola

Underwater inspection provider Welaptega has used its optical chain measurement system (CMS). Measuring chain dimensions is critical for verifying chain corrosion and wear rate design assumptions. Welaptega’s 3D Modelling technology creates accurate geometric models for damage analysis. Thanks to an increased focus on efficiency and a continued commitment to reliability and meaningful data. It complete...

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Petrofac sells remaining 51% of Mexican operations

Petrofac sells remaining 51% of Mexican operations

Petrofac has signed an agreement to sell its remaining 51% interest in its operations in Mexico. Petrofac’s Engineering & Production Services business has been awarded a three-year Operations & Maintenance Support Services. Petrofac has been awarded a well plugging and abandonment contract with leading independent energy company. It ncluding Santuario, Magallanes and Arenque, to Perenco...

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Equinor sets North Sea depth record with Snefrid Nord online

Equinor sets North Sea depth record with Snefrid Nord online

On September 1st, Equinor and its partners started production from the Snefrid Nord gas field. Korea National Oil Corporation (KNOC) and Equinor ASA have signed a Memorandum of Understanding. Equinor is presenting its Annual report. It also sets a new depth record on the Norwegian continental shelf. Equinor is awarding a contract for constructing and...

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Wild Well Control adds new 10,000 psi-rated capping stack to WellCONTAINED program

Wild Well Control adds new 10,000 psi-rated capping stack to WellCONTAINED program

Wild Well Control, a global leader in well control and engineering services. When designing and fabricating offshore platforms, oil and gas operators must consider many complex factors. WellCONTAINED is increasing its European regional response capabilities by adding a 10,000 psi-rated capping stack. Mr. Ellis succeeds Freddy Gebhardt as President and has been with Wild Well...

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PJ Valves secures three FPSO supply contracts

PJ Valves secures three FPSO supply contracts

PJ Valves (PJV), the specialist manufacturer and supplier of valves for the global energy industry. PJ Valves have secured a number of contract awards to manufacture valve packages for a North Sea project. PJV are proud to have received another piece of prestigious recognition of export success. This year company received the Queen’s Award for...

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Halliburton releases first 3D logging-while-drilling technology

Halliburton releases first 3D logging-while-drilling technology

Halliburton has introduced 3D reservoir mapping, a new logging-while-drilling (LWD) capability. There have been concerns about using frac sleeves in the completion design. Halliburton has announced the release of Stega efficient layout design. Halliburton announced today that its Angolan facilities, Luanda- SONILS base. Halliburton Co. has announced a loss from continuing operations of US$805 million....