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Oil Field Services News

SPARK Signs Agreement to Establish Oilfields Supply Center
Saudi Arabia >> 7/11/2019 - King Salman Energy Park (SPARK) and Dubai-based Oilfields Supply Center Ltd. (OSC) today signed an agreement to establish OSC as an anchor tenant at SPARK, an energy city megaproject which will cement...
CNPC Enters Joint Research Agreement with Sinopec on Domestic Blocks
China >> 7/9/2019 - CNPC and Sinopec entered into an agreement in Beijing, to carry out joint research on oil and gas blocks in the Junggar, Tarim and Sichuan basins. Through joint research, the two companies will compre...
Gazprom & Fortum Discuss Bilateral Cooperation
Russia >> 6/25/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Pekka Lundmark, President and CEO of Fortum, took place in St. Petersburg today. ...
Andalas Energy & Power Enters Into Services Agreement for the Betun-Selo KSO
Indonesia >> 6/21/2019 - AIM-listed Andalas Energy and Power has entered into an operating services and option agreement ('Services Agreement') in respect of the producing Betun-Selo KSO in Sumatra, Indonesia and has also iss...
Gazprom Neft’s Digital System Identifies New Oil Strata in Yamalo-Nenets Autonomous Okrug
Russia >> 6/5/2019 - Gazprom Neft has been able to produce additional oil revealed following the digital processing of geological data at the Vyngarupovskoye field in the Yamalo-Nenets Autonomous Okrug (YANAO). These new ...
Security Vacuum and Lawlessness Threaten NOC Operations
Liberia >> 5/21/2019 - National Oil Corporation (NOC) is increasingly concerned about the state of lawlessness in Libya stemming from the ongoing conflict, and its impact on oil sector operations. A security inspection this...
Serinus Energy Ramps Up Tunisia Operations After Restricted Activity
Tunisia >> 5/13/2019 - Serinus Energy plc (SEN) is pleased to provide an operational update. ...
Oil Markets on Edge as Military Clash Looms in Libya
Libya >> 4/10/2019 - Renewed civil war in Libya threatens to disrupt oil and gas supplies, trigger more migration to Europe, and allow Islamist militants to exploit the chaos. Over the weekend the LNA launched airstrikes ...
HydraWell to Plug on the UKCS
United Kingdom >> 4/9/2019 - HydraWell has signed a contract with an undisclosed UK-based supermajor to provide equipment and personnel for plug and abandonment (P&A) services in the UK North Sea. The contract is valid for five y...
Gazprom Neft Expands the Geographic Range of Its Social Projects in YaNAO
Russia >> 2/14/2019 - Gazprom Neft has signed a further partnership agreement on implementing social and economic projects with the Yamalo-Nenets Autonomous Okrug (YaNAO) in a document signed by Alexander Dyukov, CEO and C...
NuEnergy Converts Indonesian Muralim PSC to Gross Split PSC
Indonesia >> 2/11/2019 - Globaltec Formation Bhd’s Australia-listed unit NuEnergy Gas Ltd has signed a gross split production sharing contract (PSC) for its Muralim PSC with the Indonesian Ministry of Energy and Mineral Resou...
Record Fishbone Built at East-Messoyakha Field
Russia >> 2/11/2019 - A unique for the industry multilateral well with eight branch holes by the fishbone* technology was built at East-Messoyakha field. The length of the productive hole is 5.1 km, the total drilling rate...
BHGE to Build Oilfield Services Facility to Serve Saudi Aramco and the Region
Saudi Arabia >> 12/11/2018 - Baker Hughes, a GE company announced plans to build a state-of-the-art oilfield services (OFS) facility in King Salman Energy Park (SPARK), underlining its commitment to the Kingdom of Saudi Arabia. T...
Equatorial Guinea Congratulates TechnipFMC & Schlumberger
Equatorial Guinea >> 11/22/2018 - The Minister of Mines and Hydrocarbons has commended international oil services companies Schlumberger and TechnipFMC on their proactive measures taken to comply with Equatorial Guinea’s local content...
Gazprom Neft Examines the Issue of Improving Effectiveness in APG Utilization
Russia >> 10/29/2018 - The Gazprom Neft Board of Directors has, on 26 October, reviewed the company’s associated petroleum gas (APG) utilization programme, as well as greater effectiveness in APG utilization in 2018 and pla...
South Pars Phase13; Contaminated Amine Treated By Vacuum Distillation
Iran >> 10/21/2018 - For the first time in oil industry and with high capacity in country, south pars contaminated amine were successfully purified throughvacuum distillation. ...
Mulla Lauds Oil Cooperation with Greece & Cyprus
Mulla Lauds Oil Cooperation with Greece & Cyprus Egypt >> 10/10/2018 - Minister of Petroleum Tarek el Mulla said that cooperation with Greece and Cyprus in the oil sector has been showing marked progress since launching the tripartite cooperation mechanism in 2014. ...
Gazprom Neft Develops the Industry’s First Digital Model of the Achimovsky Strata
Russia >> 10/9/2018 - The Gazprom Neft Science and Technology Centre, together with specialists from Gazpromneft-Angara, have developed the first ever digital model of the Achimovsky strata, revealing 10 promising zones wi...
Gazprom Neft Develops Digital Tools with Unique Algorithms for Estimating Field Costs
Russia >> 10/1/2018 - Gazprom Neft has developed digital products for estimating capital and operational costs (CAPEX and OPEX) in conceptual engineering and field management. Thanks to unique digital programmes the exacti...
Update Regarding Contract for the Tano 2A Block
Ghana >> 9/17/2018 - Petrel Resources, the oil and gas exploration company with an interest in Ghana, is pleased to announce that the Company's Directors believe they have resolved the outstanding issues with the Ghana Na...

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