Aberdeen-headquartered EnerMech, a services company focused on the energy and infrastructure sectors, revealed on the 25th September that it is making European expansion a “top priority”. The company announced the appointment of Alex Goude as EnerMech Business Development Director for Europe yesterday, stating that…
Oilfield services company TechnipFMC and classification society DNV GL have entered into a partnership to develop the oil and gas industry’s first methodology for qualifying the integrity of digital twin technology. DNV GL said that the methodology would bring a level playing field to…
BIMCO has published the new DISMANTLECON contract which is the first international standard contract designed for the dismantling and removal of offshore structures in the energy sector. It has been approved by BIMCO’s documentary committee and was released earlier this week, together with guidance…
Total E&P South Africa has contracted Solstad Offshore to provide two large anchor handling tug supply vessels, Normand Drott and Normand Prosper. They will support Total’s next planned drilling campaign in block 11B/12B offshore South Africa, with the programme starting during the first half…
Angus Energy has announced that, pursuant to Town and Country Planning regulations, the company has posted notice of its application for an extended well test at the Balcombe site, and following the statutory seven day waiting period, the submission will be lodged with West…
The new Gulf Coast Express Pipeline (GCX) has begun full commercial service, delivering natural gas from the Permian Basin to the Texas Gulf Coast, a Kinder Morgan, Inc. (KMI) spokesperson confirmed on the 25th September. According to a statement from KMI, GCX – fully…
ADNOC Drilling, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), has completed its first offshore integrated drilling services (IDS) well in Abu Dhabi’s Umm Lulu offshore oilfield. This milestone follows the completion of 14 onshore IDS wells over the course of this…
On the 24th September Prime Minister Adel Abdel Mahdi reportedly said that Iraq will join China’s “Belt and Road” (One Belt One Road) initiative. According to AFP, he made the announcement in a meeting with Chinese President Xi Jinping during a state visit to…
Private Queensland company Timor Resources plans to drill five onshore wells in East Timor in 2020, the first such program in the country in nearly 50 years. The last programme was in 1972. Timor Resources secured the rights to explore and develop about 2,000…
Since 2007, the minimum commercial field size (MCFS) for deep-water standalone oil developments has varied between 130 and 650 MMboe, according to consultant Westwood, depending mainly on the exploration play. Joe Killen, analyst, Global Exploration & Production, said the oil price did not have…
