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Users of low voltage variable speed drives (VSD) can now keep processes running, test new applications or prove predicted energy savings before purchase, through a leasing programme provided by the ABB authorised value provider network.
To improve domestic energy security, the country unveiled further reforms in 2018, which have prompted interest from international investors. However, translating this into tangible production increases will be the next challenge, says GlobalData.
As the company enters its 57th year, the new facility in Villahermosa, Tabasco is part of the company’s efforts to continue to expand its presence in Mexico’s burgeoning oil and gas market.
The Colter well (98/11a-6) was drilled as a vertical well with the Ensco-72 jack-up rig and reached a total depth of 1870 m MD in the Sherwood Sandstone.
The company has announced a new multi-client onshore 3D seismic project, South Hackberry 3D, located on the east flank of the Anadarko Basin in Garfield, Kingfisher and Logan Counties, Oklahoma.
The result is in line with PTTEP’s expectation and will be incorporated into development planning of Cash-Maple field which contains 3.5 trillion ft3 of resources.
United Oil & Gas Plc has provided an operational update on the P1918 licence in the Wessex Basin and specifically the Colter appraisal campaign which has included the Colter North and the new Colter South prospects.
BP and Enpro Subsea have announces the execution of a global frame agreement aimed at providing an enhanced subsea architecture and smart standardisation using Enpro’s patented Flow Access Module (FAM) technology.
Significant increase in production rate at Norio wells 44 and 27, moving the combined current production rate at the Norio and Satskhenisi fields towards 60 bpd, a four-fold increase.
Norway is expected to spend the highest new-build CAPEX of US$21.2 billion on the development of the planned and announced projects, among the countries in the North Sea, during the period 2019 - 2025.
According to Rystad Energy, this turnaround is made possible by the continued rise in oil production from US shale plays and the increased oil export capacity from the Gulf Coast.
The company has extended its concessions for the Ras Budran and Zeit Bay oilfields in the Gulf of Suez.