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TechnipFMC Snags Another Multimillion-dollar Subsea Contract
TechnipFMC’s latest contract, with state-owned Petronas, covers the development of 10 deepwater wells and their tieback to the Limbayong FPSO unit offshore Malaysia.
Schlumberger, Egyptian Ministry of Petroleum Launch ‘Egypt Upstream Gateway’ Platform
Egypt is in the process of launching the Egypt Upstream Gateway, a digital subsurface platform that will act as an up-to-date repository of the country’s subsurface data, says H.E. Eng. Tarek El-Molla, Egypt’s minister of petroleum and mineral resource.
Oklahoma’s Bumpy Shale Ride
The Scoop and Stack plays are still in the money but only with improved well spacing and effective management of frac-driven interactions.