(WO) — Energy services provider Expro has secured a new contract with Harbour Energy for a well abandonment campaign as part of the decommissioning project for the Balmoral area, in the UK Continental Shelf. The multi-year decommissioning contract, valued at more than $20 million, will utilize Expro’s Subsea Well Access technology with a...
(WO) — Q.E.D Environmental Systems announced the new Eliminator high-capacity bladder pump, designed to handle light nonaqueous phase liquids (LNAPLs) and dense nonaqueous phase liquids (DNAPLs), as well as viscous contaminants, including crude oil. Available for 2-inch (50 millimeter) or 4-inch (100 mm) wells or larger, the Eliminator pump offer...
(Bloomberg) – Tanzania has wrapped up negotiations with an international energy consortium for a long-delayed $40 billion liquefied natural gas (LNG) export project, paving the way for final agreements to be signed in the coming weeks. The consortium, led by Equinor, Shell and ExxonMobil, wants to develop an onshore LNG plant south of Tanza...
(WO) – CNOOC Limited announced that the Wenchang deep-sea floating wind demonstration project has been successfully connected to the grid for power generation. The demonstration project is located near the Wenchang oilfields in the western part of the South China Sea, 136 kilometers away from the shore in a water depth of 120 meters. It is...
(WO) – Chevron Corporation has entered into a definitive agreement with PDC Energy, Inc. to acquire all of the outstanding shares of PDC in an all-stock transaction valued at $6.3 billion, or $72 per share. Based on Chevron’s closing price on May 19, 2023, and under the terms of the agreement, PDC shareholders will receive 0.4638 shares of Chev...
Challenge: An operator working in the Delaware Basin wanted to increase efficiencies by simul-fracing two, three-well pads that were about 1,200 ft. apart. Traditionally, all simul-fracs completed for this operator included a minimum of four wells on one pad and were completed in a 2-by-2 well format to obtain the full benefits of simul-frac operat...
(WO) – The UK can become a world leader in carbon storage following the NSTA’s announcement of 20 licenses for storing millions of tonnes of CO2 in rocks deep below its surrounding seas, said Offshore Energies UK’s Chief Executive. Courtesy of OEUK David Whitehouse said the decision to offer 13 areas off the UK’s coast as sites for per...
(WO)— TechnipFMC has been awarded a significant contract by Equinor to provide riserless light well intervention (RLWI) services on the Norwegian continental shelf. The two-year contract runs from 2024 to 2025, with options to extend for each of the three subsequent years. According to a brief statement, the contract is valued between $75 million...
(WO) – The drive to net zero emissions has taken a significant step forward with the offer of awards for 20 carbon storage licenses at offshore sites, including some near Aberdeen, Teesside, Liverpool and Lincolnshire. The North Sea Transition Authority (NSTA) launched the UK’s first-ever carbon storage licensing round in June 2022, with...
(WO) – QatarEnergy announced the award of the engineering, procurement, and construction (EPC) contract for the North Field South (NFS) project, which comprises two LNG mega trains with a combined capacity of 16 million tons per annum (MTPA). The announcement was made during a ceremony held to mark the award of the EPC contract for the two...