Wood secures contract extension in Brunei
Wood has been awarded an offshore contract extension worth US$250 million by Brunei Shell Petroleum.
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Wood has been awarded an offshore contract extension worth US$250 million by Brunei Shell Petroleum.
The company has announced the successful completion of its Nong Yao field infill drilling campaign and recent increases in oil production.
The company has confirmed the award of five 10-year contracts, totalling approximately US$2 billion, in support of ADNOC Offshore’s growing drilling operations.
In four months of incident-free operation, the TETRA automated drillout system drilled out more than 2300 plugs without the need to pull a screen.
Eni S.p.A. has announced that, along with Vår Energi ASA, it has reached an agreement to acquire Neptune Energy Group Limited.
OMV Petrom and Romgaz have approved the development plan for the Domino and Pelican South commercial natural gas fields in the Neptun Deep block.
KCA Deutag has been awarded $70 million of platform drilling contracts in the UK North Sea.
Global energy consultancy Xodus has signed up 51 platforms to its not-for-profit Offshore Bird Portal (OBP) since it launched in January.
This acoustic array platform enables energy companies to find and map fluid flow throughout the well-reservoir system with greater ease and precision.
The company has announced it has signed the project financing of FPSO Alexandre de Gusmão for a total of US$1.615 billion.
The recent announcement by Keir Starmer, the leader of the UK’s Labour Party, that he will ban new oil and gas exploration licences if he gains power at the next election will be viewed as a largely symbolic gesture according to analysts Wood Mackenzie.
Halliburton Company and Nabors Industries has announced an agreement on leading well construction automation solutions.