News
June 02, 2023
DynOps combines live vessel response data and weather forecasts with advanced analytics to predict vessel operability with high accuracy and support decision making. DynOps has been found to reduce waiting on weather for marine operations by up to 30%, vastly reducing cost and time.
News
June 01, 2023
Ramform Hyperion is expected to mobilize for the survey late third quarter and the program has a total duration of approximately 70 days.
News
June 01, 2023
The Uranus rig will now be moved to the Akkaya tripod to start drilling Alapli-2, the next well. Alapli-2 is a twin of a previously discovered gas pool but that has never been put into production.
News
June 01, 2023
The technique increases underground pressure in the reservoirs, which makes it easier to bring more oil to the surface and extends the life of the fields. Removing the CO2 also allows Petrobras to safely pipe the remaining natural gas to shore.
News
June 01, 2023
The project has already drilled 5 producing wells and 5 injectors. These wells will produce up to 150,000 bbl of crude oil, 6 MMcm of natural gas and inject 220,000 bbl of water per day.
News
May 31, 2023
“We have seen this before and come through the other side. We will do so again. Our members will continue to prepare and show, as a sector, that we are ready to play a leading role in one of the world’s lowest carbon energy projects," said Charlene Johnson, Energy NL CEO.
News
May 31, 2023
The project to develop an oil field about 500 kilometers (311 miles) off Newfoundland’s coast has “experienced significant cost increases” in recent months, the company said.
News
May 31, 2023
Agua Marinha is a 1,300 sq.km exploration block located in the pre-salt Campos basin south of the Marlim Sul field and about 140 km from shore. The work program includes drilling one firm exploration well during the exploration period.
Article
May 2023
As the upstream industry continues to require increased ROI at a lower capital investment, a subsea services provider is setting the bar on standardization, ensuring performance agility through a truly global solution to standard subsea production systems.
News
May 31, 2023
ZEFIRO METHANE CORP. announced that a first-of-its-kind methodology has been published by the American Carbon Registry (“ACR”) allowing carbon credits to be created from the reduction of methane emissions by plugging orphaned oil and gas wells in Canada and the United States.
News
May 30, 2023
Talos President and Chief Executive Officer Timothy S. Duncan commented, “As we accelerate recent momentum and advance Zama toward FID and first production, we are confident that Carso is the right partner at the right time.
News
May 30, 2023
The survey will cover approximately 6,800 square kilometers and the Ramform Sovereign is scheduled to commence acquisition in June 2023 and complete in August.
News
May 30, 2023
I.A.U. is an innovative digital instrument, developed by Saipem and based on acoustic technology, which enables non-intrusive, remote offshore pipeline integrity monitoring during laying activities.
News
May 29, 2023
The production start-up from Akpo West, a short-cycle project, is expected by the end of 2023. In addition, OML130 contains the Preowei discovery, to be developed by tie-back to the Egina FPSO.
News
May 29, 2023
The Brazilian company has had an oil rig in place since early December, awaiting approval to drill in block FZA-M-59, costing around $1 million a day.
News
May 26, 2023
The jacket will be fabricated at the Heerema yard in Vlissingen in the Netherlands. Jacket procurement will start in autumn, and construction is set to start in the beginning of 2024.
News
May 26, 2023
TechnipFMC will supply the subsea tree systems in addition to the engineering, procurement, construction and installation of the umbilical, riser, and flowline systems.
News
May 25, 2023
The completed seismic acquisition program exceeds the initially planned area by more than 1,500 square kilometers. Initial acquisition results indicate a high-quality dataset can be expected.
News
May 25, 2023
Preliminary estimates of the oil discovery indicate a gross recoverable volume of 40-90 MMboe, surpassing the previously communicated pre-drill estimate of 18-45 MMboe.
News
May 25, 2023
BiSN’s patented technology is revolutionizing the oil and gas industry by enabling bismuth-based seals that are more reliable, durable, and cost-effective than traditional sealing methods.
News
May 24, 2023
This purchase represents our first upstream oil and gas investment, and we will continue to be active in pursuing additional attractive investments that meet our return and operational criteria," said Catherine Flax, President of Private Markets at XMC Strategies.
