On behalf of the operator Gassco, Equinor has awarded Wood an engineering, procurement, construction and installation (EPCI) contract for the MEG Upgrade project at Kollsnes. Under the EPCI contract, Wood will upgrade the MEG (mono-ethylene […]
The British government has set a goal to reach net zero emissions by 2050. Electrification of oil and gas platforms on the UK continental shelf (UKCS) should play an important role in efforts to achieve […]
The latest International Energy Agency’s (IEA’s) Monthly Oil Statistics report including June 2020 data shows that for Total OECD: Total OECD production of crude oil, NGL and refinery feedstocks decreased by 6.2% in June 2020 compared […]
JDR, the global subsea umbilical and cable supplier owned by the TFKable Group, has agreed a new contract with Subsea 7 to supply a 9.3-kilometre production and control umbilical, topside equipment and subsea terminations for […]
Global ethylene glycol (EG) capacity is poised to see considerable growth over the next 5 years, potentially increasing from 41.80 million tonnes per annum (mtpa) in 2019 to 65.04 mtpa in 2024, registering a total […]
The UK Oil and Gas Authority (OGA) has now published daily production figures from wells that have ceased production, some with production dating back over 40 years. Reservoir engineers seeking untapped hydrocarbons or potential carbon […]
The global oil and gas industry has witnessed a continual slowdown in the number of oil and gas contracts, as companies are finding it difficult to proceed further due to stressed capital, crude oil prices […]
The future development of Turkey’s giant Tuna-1 gas discovery could save the country up to USD 21 billion in import costs, Rystad Energy estimates, depending on the field’s peak output, which remains to be determined […]
Equinor has conducted an in-depth analysis of the wells drilled at Martin Linge before the company took over as the operator of the field from Total in 2018. This review concludes that several of the […]
The recovery of fracking operations in the US is happening largely thanks to an unusually high inventory of drilled but uncompleted wells (DUCs), which is strong enough to sustain the current level of fracking without […]
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