FutureOn awarded digital twin contract from Aker BP
Aker BP will adopt FutureOn’s digital twin software to digitise their workflows.
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Aker BP will adopt FutureOn’s digital twin software to digitise their workflows.
Angola’s National Oil, Gas and Biofuel’s Agency has officially opened blocks for licensing in the Onshore Lower Congo Basin and the Onshore Kwanza Basin.
NEO will seek to reduce the carbon intensity per barrel of oil equivalent produced by its portfolio by 50% by 2030.
At completion, Ruby is expected to have the capacity to produce up to 16 000 gross bpd of oil and 80 million gross standard ft3/d of natural gas.
The platform will be the ninth unit to operate in the field, in the Santos Basin pre-salt.
The contract will cover inspection services to Vår Energi’s full portfolio of assets on the Norwegian Continental Shelf.
Valaris has eliminated US$7.1 billion of debt and secured a US$520 million capital injection.
The first phase of the company's Morocco drilling campaign will consist of three appraisal/development wells, targeting an estimated total of 1.3 billion ft3 of P90/1.8 billion ft3 of P50, gross unrisked prospective recoverable resources in the Gharb Basin.
Maersk Training will deliver safety, pool survival, well control and process training in the region.
Pegasus West in the UK Southern North Sea was discovered in 2014 and is currently operated by Spirit Energy.
Baker Hughes will supply Petrobras with up to five subsea production and injection manifold systems for the project.
Oil prices are closing the week trimming some gains, but the market trend is positive and the price direction is mostly risk reduction by traders, who are also profiting from earlier gains.