Rystad Energy predicts offshore has tremendous room for growth
Rystad Energy, the independent energy research and consultancy, has analysed the historic investments and oilfield service purchases of the world’s 50 000 oil and gas fields.
Browse the latest upstream news news and articles.
Rystad Energy, the independent energy research and consultancy, has analysed the historic investments and oilfield service purchases of the world’s 50 000 oil and gas fields.
Sabah Shell Petroleum Company Ltd, a subsidiary of Royal Dutch Shell, has signed an offshore master service agreement (MSA) with BMT.
ExxonMobil has said that it has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals.
This landmark oil deal marks yet another achievement for Africa’s growing energy investments and will provide further boost to South Sudan’s economic revival.
IriSphere look-ahead-while-drilling service reduces drilling risks and improves efficiency by providing data ahead of the bit in real time.
The BRX4Z sidetrack at Angus Energy’s Brockham well site has been successfully re-perforated.
The industry body said that the revisions to the Bureau of Safety and Environmental Enforcement Well Control Rule promote safe offshore operations.
An Ampelmann A-type system has been mobilised on the Harvey Blue Sea vessel, owned by Harvey Gulf, and will operate for 120 days.
The two companies' joint venture covers two shallow water offshore Petroleum Prospecting Licenses in Guyana, the Corentyne and Demerara blocks.
One of the oldest platforms on the Norwegian continental shelf, Statfjord A, operated by Equinor, was originally scheduled to be shut down in 1999.
The integration of Wintershall and DEA is expected to be completed in approximately one year.
Under the terms of the agreement, Eni will pursue exploration activities in the offshore area of over 2800 km2, located in the northern territorial waters of the Kingdom of Bahrain, with water depth ranging from 10 up to 70 m.