Here’s a roundup of the latest E&P headlines, including the Jubilee South East project reaching production of 100,000 bbl/d and new contract awards in the upstream oil and gas industry.
Here’s a roundup of the latest E&P headlines including an update on Perenco’s project offshore Cameroon and a host of new contract awards in the upstream oil and gas industry.
Halliburton Co. has signed a contract with Petrofac to adopt Digital Well Program, a DecisionSpace 365 cloud application to automate drilling, completions, and engineering processes, the company said on July 15.
The move comes as the UAE, a key member of OPEC, looks to achieve gas self-sufficiency and become a net gas exporter.
Oilfield services provider Petrofac lost out on $10 billion worth of contracts globally due to a probe by Britain’s Serious Fraud Office into dealings in Saudi Arabia and Iraq, its finance chief said on June 25.
Petrofac has been awarded a contract worth around $1 billion with Groupment Isarene, the joint operating group set up by Sonatrach, Petroceltic and Enel, on March 13 for the Ain Tsila development project in Algeria.