Shell writes down assets again
Shell has said it will write down the value of oil and gas assets by US$3.5 billion to US$4.5 billion.
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Shell has said it will write down the value of oil and gas assets by US$3.5 billion to US$4.5 billion.
GE Power Conversion is to supply the motors for the water injection pumps which will equip a future FPSO vessel in Brazil.
Operator Neptune Energy estimates the project will add 2.4 million m3 of oil equivalent (15 million bbl o.e.) from Gjøa.
Gas production has started at the R Cluster, the ultra-deepwater gas field off the east coast of India being developed by Reliance Industries and BP.
Tri-D will provide design and advanced manufacturing IP to integrate sensors and electronic components into MISI pipelines used in oil and gas production.
The American Petroleum Institute (API) has issued Recommended Practice (RP) 97L, a first edition standard that improves communication between onshore well operators and drilling contractors to enhance overall safety and environmental management.
Glacier Energy will provide export gas coolers for Total Exploration and Production UK’s North Alwyn Platform, in the North Sea.
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.