
Shearwater GeoServices awarded 3D seismic survey contract
The survey, for an unnamed NOC, will commence in 4Q20.
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The survey, for an unnamed NOC, will commence in 4Q20.

TMK, a producer of tubular products for the oil and gas industry, has announced its operational results for 3Q20 and the first nine months of 2020.

Pioneer will acquire all of the outstanding shares of Parsley in an all-stock transaction valued at approximately US$4.5 billion.

Maersk Drilling has been awarded a three-well contract from Total E&P Angola.

The new service aims to help operators enhance asset performance, eliminate downtime, and reduce maintenance costs.

Oil prices fell today as a projected rise in US crude oil inventories raised concerns in the market that the supply-demand balance is deteriorating.

Shell’s Deepwater business has selected Bentley’s digital twin approach to streamline its capital projects process and accelerate time to first oil.

The two companies have agreed to work together on various projects to promote the use of marine CSEM technology.

Operator Wintershall DEA estimates that it can recover 18 billion m3 of gas from Dvalin.

The project covers an area of approximately 82 000 km2 offshore Nigeria and will incorporate 17 seabed heat flow measurements and 253 seabed cores.

Westwood Global Energy Group has published a note giving a preliminary assessment of the deal from each company’s perspective and the outlook for the merged company and the wider North Sea M&A market.

Intebloc has been awarded a contract from Stena Drilling to provide Rig-Ware, its data management system, to enable increased control of vessel lifting equipment.