Stay up to date with the latest news and updates from the oil industry.
When it comes to benefiting from the latest robotic technologies, it makes sense to engineer and install whatever is needed to do so at the construction stage, rather than during operations.
A concept study and Front End Engineering Design (FEED) project carried out by Xodus Group has determined that a North Sea operator will save up to £59 million by adopting a Not Normally Attended (NNA) status ahead of decommissioning the field.
Shell remains the world’s most valuable oil and gas brand as its value grew 7% over the past year to US$42.3 billion, according to the latest report by Brand Finance, the world’s leading independent brand valuation consultancy.
Saudi Arabia’s NOC primed to become international energy powerhouse.
Atlas Oranto Petroleum is expecting to be investing close to US$350 million on pooling supply from stranded gas fields in Equatorial Guinea and the Gulf of Guinea.
The company has been informed of a successful drilling result and oil discovery at the Burnett 2B well in California, following on from the successful Burnett 2A well result announced on 11 March 2019.
The company has secured contracts in West Africa and the Gulf of Mexico.
The company has entered into an agreement with Mime Petroleum AS to divest 10% ownership interests in a total of six licenses across the Balder and Ringhorne fields on the NCS.
The company has announced the award of two contracts from Saudi Aramco for conventional projects in shallow water offshore Saudi Arabia.
The aim of partnership is to enable GA Drilling to successfully deliver its first commercial application for Oil & Gas industry.
Under the new contract, Vroon’s specialist subsea-support, walk-to-work unit, the VOS Start will deliver offshore logistical support to a planned maintenance campaign in the Dutch sector of the Southern North Sea.
The Company also provides an update on the repayment of funds owed to AAOG by Société Nationale des Pétroles du Congo ('SNPC'), the Congolese national oil company.