Expandable technology restores well for Gulf of Mexico operator
Coretrax is delivering significant operational efficiencies for operators with its latest expandable technology.
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Coretrax is delivering significant operational efficiencies for operators with its latest expandable technology.
Oil prices have risen today as a hurricane in the US and an oil worker strike in Norway reduce global supplies.
The arrangement will lead to the roll-out of multiple technologies applicable to the offshore wind and upstream oil and gas sectors.
The Living Quarter module and eight pipe rack modules have been successfully lifted on to the Energean Power FPSO hull at Sembcorp’s Admiralty Yard, Singapore.
The FPSO will be located in the Area 1 block, approximately six miles (10 km) off the coast of Mexico in the shallow waters of the Campeche Bay.
Equinor has said that the COVID-19 pandemic has interrupted the development of Norway's offshore oil and gas projects, pushing up costs and postponing startups.
Oil prices declined today as US President Donald Trump halted negotiations on a new stimulus bill that would support the Covid-19 hit economy, while US crude stocks also increased.
ForeSite® Sense shows, in real-time, the critical downhole data that determines profit: pressure, temperature and flow.
The merger creates the British North Sea's largest oil and gas producer.
LYTT has claimed that production benefits of hundreds of millions of dollars per asset can be realised through the use of in-well fibre optic technology when the vast amounts of data produced are managed and translated rapidly into actionable insights.
A letter of intent has been issued to Odfjell Drilling and the Deepsea Aberdeen rig for drilling of 15 wells for the Breidablikk group.
The transaction gives Lundin Energy a 10% working interest in the major Wisting oil discovery.