
United Oil & Gas completes sale of North Sea blocks
North Sea Blocks 15/18d and 15/19b (Licence P2366) have been sold to Anasuria Hibiscus UK Limited for a headline consideration of up to US$5 million.
Browse the latest oil & gas news news and articles.

North Sea Blocks 15/18d and 15/19b (Licence P2366) have been sold to Anasuria Hibiscus UK Limited for a headline consideration of up to US$5 million.

OneSubsea will supply vertical monobore production trees and multiphase flowmeters rated up to 20 000 psi.

An FID has been announced for the Anchor oilfield and FEED has begun for the North Platte discovery.

The partnership will enable the E&P industry to build and deploy their own artificial intelligence (AI) solutions across the full breadth of their upstream workflows.

The company is expanding its pump portfolio to help the oil and gas industry effectively manage the millions of gallons of water required for production.

The oil export from Johan Castberg will therefore go directly to the market, as described in the plan for development and operation (PDO).

The Acquired Assets produced approximately 19 thousand barrels of oil equivalent per day (MBoe/d) during 3Q19.

The licensing round is expected to commence in April 2020, with nine blocks on offer in the Harper Basin.

FPSO Sepetiba will be deployed at the Mero field in the Santos Basin offshore Brazil, 180 km offshore Rio de Janeiro.

The discovery totalled 1.5 billion bbl of oil and 0.7 trillion ft3 of gas.

The black-tie event will take place on 12 February 2020 at P&J Live in Aberdeen, UK, during Subsea Expo – Europe’s largest subsea focused exhibition and conference.

In Houston, READ now operates from a 9000 ft2 facility in a highly accessible area of the city, comprising offices, a technical workshop, a laboratory and warehouse storage, while the company has relocated to a new and improved customer support office in Anchorage.