
Wood Mackenzie comments on ExxonMobil's sale of Gippsland Basin upstream assets
Wood Mackenzie research director, Angus Rodger, said that he expects strong interest in the assets from Australian companies.
Stay up to date with the latest news and updates from the oil industry.

Wood Mackenzie research director, Angus Rodger, said that he expects strong interest in the assets from Australian companies.

The work scope, valued at a seven figure sum, includes the inspection of infrastructure on five manned platforms and multiple unmanned satellite platforms.

The report has also found that that only 39% of asset managers already implement advanced digital methods of maintenance and risk management, of which 26% are using risk-based inspection (RBI) and 13% are using reliability centred maintenance (RCM).

The agreement establishes a foundation for future collaboration between Weatherford and Saudi Aramco.

Restrata has announced that more operators are on the verge of adopting its safety and emergency response technology.

The technology will help oil production companies, especially operating in cold climate regions, overcome the challenges associated with the transportation of waxy crude oils and the mitigation of wax deposition.

60% of the top 50 oilfield service (OFS) contractors already improved margins and increased operational efficiency in the first half of 2019.

The new space will house Oxford Flow’s growing team, which has added 10 people in the last year.

As part of the collaboration, the three companies will work together to build Azure-native applications in the DELFI cognitive E&P environment.

Recoverable Utgard resources are estimated at around 40 million boe and daily production on plateau will be around 43 000 boe.

WiNG is a next-generation land nodal system designed for data acquisition companies.

The contract saw Ashtead Technology provide its integrated Deflection Monitoring System (DMS) services and equipment to support the installation of eight Integrated Template Structures (ITS) in Equinor’s Askeladd and Johan Castberg fields.