Browse the latest upstream news news and articles.
The first contract will see Sparrows provide comprehensive crane operations and maintenance services covering all mechanical, HVAC, electrical, hydraulic, pneumatic, instrumentation and structural requirements.
Operating within the cable and renewables industries, Next UKCS will provide solutions to the operations and maintenance market.
Mosman identified the development potential would be to drill horizontal wells which it expected would increase both Reserves and production.
Effective immediately, the contract is for five years with a two-year extension option and will be executed from Wood’s offices in Perth, Australia.
Aker BP is about to complete drilling of the Frosk exploration well 24/9-12 located near Alvheim in the North Sea. The well has proved oil. Preliminary analysis indicate a discovery size of 30 - 60 million boe, which is significantly more than the company’s pre-drill estimates of 3 - 21 million boe.
SeaBird Exploration has announced that it has signed an agreement to provide a source vessel for an upcoming survey in West Africa. The project is anticipated to commence during Q1 and will have a duration of approximately 60 days. SeaBird will be using the Osprey Explorer for the project.
On behalf of the Abu Dhabi Government, the Abu Dhabi National Oil Company (ADNOC) signed an agreement with Cepsa, a Spanish integrated oil and gas company, awarding it a 20% stake in Abu Dhabi’s offshore SARB and Umm Lulu concession.
PAO NOVATEK (NOVATEK) won the open auction to acquire a 100% stake in Maretiom Investments Limited and 100% of Velarion Investments Limited from ALROSA.
Northern Offshore announces it has sold its semi-submersible Energy Driller to an unnamed party for conversion to alternative use.
Over the past year, the Oil & Gas Innovation Centre (OGIC) has seen a growing appetite from companies looking to invest in the development of emerging technologies, as North Sea operators continue to demonstrate the benefits of technology-led solutions in response to the economic downturn.
The international energy consultancy provider has more than doubled its workforce in Aberdeen, UK and Houston, Texas thanks to contract wins and software developments in the past year.
The company has appointed Christian Berven as Business Development Director and opened offices in Stavanger, Norway.