Wintershall Awards Rig Contract For Nova Field
In addition, Wintershall has entered a long-term frame agreement with Seadrill for potential future rig needs.
Drones: Will Promise Of Cost-Saving Inspections Fly?
Drones offer speed and accuracy in facility maintenance but there are shortcomings as well.
HEADLINES: GE's Divestiture Might Be Good For Baker Hughes
Also this week, U.S. and Russia energy leaders talked Nord Stream 2 at the World Gas Conference, while Chevron and Exxon Mobil CEOs expressed trade conflict concerns.
Petrofac Secures Well Project Management Contract In New Zealand
The agreement involves the provision of well project management services for Tamarind’s Tui Phase 3 drilling project in New Zealand’s North Island.
Saudi Aramco, NOV Form JV To Make Onshore Oil Rigs, Equipment
The new JV between Saudi Aramco and National Oilwell Varco, known as NOV, aims to produce 10 onshore rigs per year, Aramco said.
SAExploration To Buy Certain Assets From Bankrupt Geokinetics
As part of a stalking-horse bid, SAExploration offered to acquire bankrupt Geokinetics' equipment and machinery, seismic processing software and equipment, and certain contracts with large E&P companies.
Subsea 7 Bags Contract Offshore Angola
The contract scope includes the tie-back development of two reservoirs to the existing Pazflor FPSO in Block 17.
McDermott, BHGE Land Contract For Gas Field Offshore Myanmar
Posco Daewoo Corp. has awarded the McDermott International, and Baker Hughes, a GE company (BHGE), consortium a contract for phase two of the Shwe gas field development offshore Western Myanmar.
Canada Dreams Of Oil Exports To Asia, But California Beckons
But recent shipping data suggests demand from California for Canadian crude is rising, and experts say that state could end up taking up to half of the new export capacity from an expanded Trans Mountain.
GE To Divest Baker Hughes Stake
GE plans to fully separate from Baker Hughes in an “orderly manner” over the next two to three years as it targets a leaner corporate structure.