Production Optimization News

 

Oilfield Services Firms Expro and Frank's Set to Merge

Mar 11, 2021

UK-based oilfield well services company Expro and Dutch-based drilling and completions solutions provider Frank’s International on Thursday announced a definitive agreement under which the companies will combine in an all-stock transaction. Upon the closing of the transaction…

Coretrax Deploys Expandable Liner Tech in Norway. Saves 14 Days Rig-time

Jan 12, 2021

Well integrity and production optimization firm Coretrax, has marked the first deployment of its expandable liner technology in Norway since acquiring Mohawk Energy.'The move has allowed the business to deliver and deploy novel technology and specialist personnel from local bases…

Total, Jadestone Relinquish SC56 Offshore Block in The Philippines

Nov 18, 2020

Asia Pacific-focused oil and gas firm Jadestone Energy on Wednesday announced the voluntary relinquishment and termination of Service Contract 56 ('SC56'), offshore the Philippines. Oil and gas giant Total, the operator of the block, also relinquished its interest…

Baker Hughes Takes Offshore Energy's Digital Path to "The Next Level"

Oct 21, 2020

'We are doing something amazing in Baker Hughes,” said Alex Seinuah, the leader of Baker Hughes’ Growth Initiatives Hub. “I call the hub a start-up business. Within the hub we look at disruptive technologies and services that we believe will deliver value to our customers…

Coretrax's Tech Helps GoM Operator Resolve Well Issue

Oct 08, 2020

UK-based well integrity and production optimization firm Coretrax said its ReLineWL expandable straddle has recently enabled a Gulf of Mexico operator to troubleshoot an inoperable safety valve, passing through a restriction that conventional straddles could not pass through…

PTTEP Taps Halliburton for Offshore Production Optimization Services

Aug 19, 2020

Oilfield services firm Halliburton will design and implement a series of digital transformation projects aimed at boosting production from Thailand-based PTTEP's offshore oil fields.Halliburton said Tuesday that it had won a contract to deliver…

Halliburton, TechnipFMC Launch Acoustic Sensing Solution for Subsea Wells

Jul 09, 2020

Oilfield services giants Halliburton and TechnipFMC have jointly introduced Odassea, described as the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic…

Petrobras: Binding Phase Starts for Papa-Terra Field Sale

Apr 20, 2020

Brazilian oil company Petrobras has started the binding phase for the sale of its share in the Papa-Terra field located in the deepwater area in the Campos Basin, offshore Brazil.The binding phase starts following a teaser for the sale Petrobras had announced back in February…

Equinor, Shell in Digital Solutions Alliance

Mar 05, 2020

Energy majors Shell and Equinor have signed a Memorandum of Understanding on digital collaboration to develop solutions and methods together through the exchange of expertise within areas like data science, artificial intelligence, and 3D printing…

Enpro Subsea Completes Ghana Campaigns

Nov 19, 2019

Production optimization specialist Enpro Subsea said it has recently completed another two subsea hydraulic intervention campaigns for two operators in West Africa. Operations were conducted from a single multi-services support vessel, which was mobilized out of Takoradi in Ghana…

CGG Grows Middle East Footprint

Nov 12, 2019

Geophysical services company CGG said it is bringing its integrated geoscience offering for exploration, field development and production optimization directly to the doorstep of national and independent oil companies in the Middle East, with…

TÜV SÜD NEL Opens Advanced Multiphase Facility

Oct 15, 2019

Flow measurement research and development (R&D) specialist TÜV SÜD National Engineering Laboratory announced it has opened a £16 million ($20.5 million) Advanced Multiphase Facility (AMF), which aims to help global oil and gas operators to ensure production remains economically viable…

Production 4.0

Oct 08, 2019

As the oil and gas industry increasingly automates functions, one service company has focused on changing the focus from dumb iron to the cloud.Weatherford’s vision is to take its range of production tools and technologies to the next level by bringing them together with the basics of Industry 4…

New Downhole ESP Safety Valve

Sep 30, 2019

Aberdeen-based oil and gas production technology business Pragma said it has developed an advanced downhole safety valve to create an improved well control solution for cable deployed Electric Submersible Pumps (ESPs) retrofitted to production wells…

RigNet Wins FPSO Analytics Job

Sep 10, 2019

Networking solutions provider RigNet said it has secures a multi-year agreement with Galoc Production Company (GPC) to deploy its machine learning-based analytics platform on board the floating production storage and offloading (FPSO) vessel Rubicon Intrepid…

Current News

UK Firm Seeks Suppliers to Build Full-Scale Tidal Energy Prototype

UK Firm Seeks Suppliers to Bui

Brava Energia Inks $65M Deal with PetroReconcavo for Natural Gas Assets

Brava Energia Inks $65M Deal w

Record Offshore Wind Auction Required for UK to Meet Targets

Record Offshore Wind Auction R

First French Floating Wind Farm Fully Commissioned

First French Floating Wind Far

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine