Rival Downhole Tools acquires operating assets of Hunting Energy Services
The deal is expected to provide the catalyst for future international expansion in the Middle East and, in particular, Saudi Arabia.
Browse the latest oil & gas news news and articles.
The deal is expected to provide the catalyst for future international expansion in the Middle East and, in particular, Saudi Arabia.
Fugro will provide positioning services for an exploration programme in Block 52 in the Guyana-Suriname Basin.
Aker Solutions will carry out the hook-up of the fifth platform on the Johan Sverdrup field.
The company will provide connectors for the Khaleesi/Mormont and Samurai tieback project in the US Gulf of Mexico.
Oil prices rose on Wednesday as accelerating vaccination campaign rollouts helped brush off early concerns over rising stocks and declining oil demand.
The operations and maintenance contract will cover all in-country installation and commissioning activities.
ExxonMobil plans to reduce the intensity of operated upstream greenhouse gas emissions by 15 to 20% by 2025, compared to 2016 levels.
Two of Neodrill's CAN-ductors were installed in April on two of Neptune Energy’s exploration wells in the Norwegian North Sea.
An independent, cloud-based ecosystem will offer a single search point to access all three companies’ subsurface multi-client data.
The project will add almost 200 million bbl of recoverable oil reserves and help extend the productive life of the Snorre field through to 2040.
The company presented a paper on ‘Innovative Asset Integrity Management to Drive Operational Effectiveness’.
Unless an effective COVID-19 vaccine is made available, the uncertainty in global energy demand will continue to weigh down oil prices, and delay shale industry recovery.