Oil & Gas News

ASCO, a global integrated materials and logistics management company, has been awarded a five-year extension, with options for a further six years by CNOOC Petroleum Europe Limited, a wholly-owned subsidiary of CNOOC Limited, to support all the operator’s North Sea assets.

ABB has signed a new frame agreement to deliver safety and automation systems across Equinor’s installed base and greenfield projects worldwide, helping minimize cost, schedule and risk.

Asia Pacific’s leading Offshore Well Intervention conference is returning to Kuala Lumpur for its 6th year in June 2020, with support from key industry players such as Petronas MPM, SAKA Energi, Premier Oil Natuna Sea BV, Medco Energi, Sarawak Shell Berhad and Repsol Oil & Gas Malaysia Limited.

From a starting point of approximately 1.2 billion cubic feet per day (bcfd) of export capacity in 2016, the US will become the third most important liquid natural gas (LNG) exporting country with a total capacity of 8.9bcfd by the end of 2020, according to leading data and analytics company GlobalData.

Eni has successfully drilled Agogo-3, the second appraisal well of Agogo discovery in Block 15/06, offshore Angola, increasing by about 40% the estimate of oil in place, which is now of 1 billion barrels with further upside to be tested in the Northern sector of the field.

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