CGG increases backlog
The company's backlog, from its new profile, at the end of February 2020 stands at US$537 million, up 34% compared to last year.
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The company's backlog, from its new profile, at the end of February 2020 stands at US$537 million, up 34% compared to last year.
The companies have commenced operations on The Channel 3D survey in Lea County, New Mexico, US.
A Rystad Energy impact analysis shows that US drilled but uncompleted wells will be the first assets to be threatened by the newly formed low price environment, as their breakeven costs are now only dollars away from market prices.
The contract covers the development of the Platina field, located offshore Angola in Block 18.
The company anticipates West Barracouta gas flowing to the Australian domestic gas market by early 2021.
The company has completed the first of two infill development wells at West Brae, offshore Scotland.
The plug and abandonment programme will take place in the Rubie and Renee oilfields in the North Sea.
Wood Mackenzie’s Tom Ellacott has said that the oil price collapse could be the trigger for a new phase of deep industry restructuring – one that rivals the changes seen in the late-1990s.
Logan will provide turn-around upgrade and repairs to a fleet of wireline tensioners onboard five active drilling and completion vessels.
The Operations DataHub enables operators to securely pool and gain insight from operations data from multiple assets across the UKCS basin.
The project will be Shearwater’s first OBS remotely operated vehicle survey.
MIR Valve Sdn Bhd ordered 12 RH rack and pinion actuators to control subsea ball valves on a jacket flooding system.