Norway-based well integrity specialist company HydraWell has marked a significant milestone with the completion of its 500th plug installation using revolutionary technology. The landmark announcement comes at a crucial time in the company’s evolution as […]
Subsea Technology and Rentals (STR), a global provider of specialist survey and inspection rental equipment, products and data enabling services to the offshore energy market is celebrating the launch of its global technology and innovation […]
Global Maritime Services Ltd. (GMS) has announced the launch of its new Marine Department, a marine advisory service for the offshore oil and gas sector. Customers will be able to take advantage of GMS’s expertise […]
Asia is expected to register the highest refinery hydrotreater capacity additions globally between 2022 and 2026, accounting for approximately 39% of the total capacity additions by 2026, says GlobalData, a data and analytics company. GlobalData’s […]
Drilling of high-impact oil and gas prospects is set to rebound this year after a disappointing 2021, when success rates plunged towards record lows, Rystad Energy research shows. These critical wells have found hydrocarbons 47% […]
Data from the analysis project that Earth Science Analytics AS carried out on assignment from the Norwegian Petroleum Directorate (NPD) in 2021 is now available for download. As described in the news item New technology […]
US shale oil producers are in line to suffer more than USD 10 billion in derivative hedging losses this year if oil prices remain around $100 per barrel, Rystad Energy research shows. Many shale operators […]
Baker Hughes, an energy technology company, is expanding its presence in Asia by opening a new oilfield services chemicals manufacturing facility in Singapore, enabling manufacturing optimisation and faster delivery of fit-for-purpose chemical solutions. The facility, […]
Vår Energi has increased its acreage positions and takes new operatorship in the Balder area through several transactions. Vår Energi has acquired 30% ownership in production licenses (PL) 820S and 820 SB (north of the […]
Rystad Energy assesses that it is metallurgical issues that risk undermining Gazprom’s plans to support development of Iran’s offshore gas fields in particular. Both Iran and Russia are under sanctions from Europe and Japan, as […]
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