
GlobalData: Oil and gas contracts stifled in Q1 2022
At the start of Q1 2022, global oil and gas industry contract activity was stifled due to the Russia-Ukraine conflict, according to GlobalData.
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At the start of Q1 2022, global oil and gas industry contract activity was stifled due to the Russia-Ukraine conflict, according to GlobalData.

The company has been awarded a three–year contract with Petronas through its local agent, Time Marine Services, to provide all required tools, chemicals and services for the company’s wellbore cleanup operations in east Malaysia.

Digitalisation and robotics in day-to-day oil and gas operations, is enabling the industry to improve productivity and profitability, says GlobalData.

CGG’s Sensing & Monitoring division acquired the company as it specialises in high-value services and products for geotechnical risk management and infrastructure monitoring.

The company has signed an agreement to reprocess over 5100 km2 of 3D seismic data over Blocks 8 & 9 in the offshore Liberia basin.

Worley has announced that it has been awarded a three-year engineering and procurement (EP) services contract by Shell Offshore Inc. to support five of its assets in the Gulf of Mexico, USA.

The company has provided operational updates on the drilling of the Sasanof-1 exploration well and will issue further updates upon the completion of campaign milestones.

Low-cost tieback expected to add up to 75 000 bbl per day of oil production.

Two of the oil and gas industry’s respected and experienced leaders have been celebrated with Honorary Life Memberships at the opening day of the 2022 APPEA Conference and Exhibition.

The company has received top marks in an FPAL (First Point Assessment Limited) supplier performance report from a top Japanese FPSO operator in Brazil.

The extensive repairs at Melkøya have been completed, but the run-up of the plant takes somewhat longer than planned.

The company has formally executed contracts for the Nabors 105AC drill rig to drill the Alkaid #2 well, scheduled to spud in July 2022.