Tag: oil and gas

Sacramento basin-focused natural gas developer and producer, Sacgasco Limited has advised that it plans to commence drilling of the company’s Dempsey 1-15 well in the Sacramento basin in California.

OneSubsea, a subsidiary of Texas-based oilfield services company Schlumberger Limited, recently announced the award of an engineering, procurement, construction, installation and commissioning (EPCIC) contract for a subsea multiphase boosting system by TAQA for the Otter field in the UK North Sea.

The oil and gas sector as a whole is operating in a tough market environment at present and operators, original equipment manufacturers (OEMs) and the wider supply chain is having to adapt.

Premier Oil, together with its joint venture partners Talos Energy (Operator) and Sierra Oil & Gas, recently announced that the Zama-1 exploration well in Block 7, offshore Mexico, has made a world class oil discovery.

Statoil, a multinational oil and gas company with many offices across the Americas, has received consent from the Petroleum Safety Authority Norway to drill exploration well 7317/9-1 in a prospect named Koigen Central in the Norwegian Arctic.

Brazilian oil giant Petrobras has reached two new records in its production from the pre-salt layer in June. The state-owned company recently reported that its total oil and natural gas production for the month of June set two new records: the monthly record, at 1.

Petrochemical giant ExxonMobil Corporation has announced that its subsidiary, ExxonMobil Exploration and Production Suriname B.

Calgary-based Simmons Edeco, a supplier of wellhead and valve maintenance, asset integrity solutions and onshore drilling services to the global oil and gas industry, announced that it has been awarded a major contract by Maersk Oil.

US independent oil producer ConocoPhillips has said that it would sell its assets in the Barnett shale field in Texas to Miller Thomson & Partners LLC for USD $305 million, as part of efforts to reduce exposure to natural gas.

Brazil’s state-run oil company Petrobras has awarded a further two-year contract to Fugro, a multinational geotechnical, survey, subsea and geoscience services company with numerous locations throughout the Americas, to provide comprehensive inspection, repair and maintenance (IRM) and pipeline inspection services in Brazil.