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The company joins Airborne Oil & Gas’ prestigious shareholder base of Chevron Technology Ventures, Evonik Venture Capital, Saudi Aramco Energy Ventures, Shell Ventures, Subsea 7, Sumitomo Corporation and the private equity investor, HPE Growth Capital.
Jo Firth and Priyabrata Pradhan, CGG, UK, explore the value in reprocessing legacy seismic data sets.
The SPE Aberdeen Section revealed the winners to an audience of almost 500 people, with categories covering technological innovation, company performance, and individual achievement and dedication across the UK offshore energy sector.
The MOU is designed to support a specialised development programme for Egypt’s middle management and young professional employees.
The developments which have taken place in flow assurance over the last thirty years are set to be discussed at an event run by Subsea UK in Aberdeen this month.
Europa will continue to hold a 20% interest in the Licence, which is located in the Weald Basin, Surrey, alongside UKOG (40%), Egdon Resources plc (18.4%), Angus Energy plc (12.5%), Union Jack Oil plc (7.5%) and Altwood Petroleum (1.6%).
Seadrill Limited has announced the full-scale utilisation of its ground-breaking Medfit program across its drilling fleet.
i-Tech 7, Subsea 7’s Life of Field business unit, has appointed a new regional director to help strengthen and grow its life of field business in the Asia-Pacific region.
Following the latest forecast from the UK Oil and Gas Authority (OGA) for the UK’s offshore sector, Jonathan Markham, Senior Upstream Oil & Gas Analyst at GlobalData, offers his insight on the future of the UK’s upstream sector.
Oil majors are readying themselves for the energy transition by investing in shale and waiting for renewable technology to be economical, according to Rystad Energy.
Autonomous underwater swarm robots and micro-polymers designed to reinstate well integrity, are just some of the exciting new technologies that have secured funding through the Oil & Gas Technology Centre’s TechX Pioneer Accelerator Programme.
To improve domestic energy security, the country unveiled further reforms in 2018, which have prompted interest from international investors. However, translating this into tangible production increases will be the next challenge, says GlobalData.