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Swiss Prosecutors Aid Italian Oil Corruption Probe

Sep 23, 2019

Switzerland's top court has allowed Geneva prosecutors to share with Italy material they seized more than three years ago that could shed light on a case involving oil majors Eni and Royal Dutch Shell and corrupt payments in Nigeria.In a ruling announced on Monday…

Probe Intros ProMAC Series Tools

Sep 04, 2019

Probe, a major player in cased hole well logging and reservoir monitoring technology, has announced the launch of the ProMAC, a new series of multi-arm caliper tools.ProMAC series tools offer the most advanced measurements in the industry to…

Eni CEO Sues Lawyer for Defamation

Jul 17, 2019

The head of Italian oil group Eni has sued a former legal adviser to the company for defamation after excerpts of the lawyer's written testimony relating to a Nigerian corruption case were published in several newspapers on Wednesday.Eni said…

Expandable Liner Hanger Designs Evolve

Jul 01, 2019

Expandable liner hanger designs are advancing to meet the ever-increasing demands of deepwater well construction.A new expandable liner hanger design provides an effective liner top seal for high-pressure, high-temperature (HPHT) well conditions…

Eni Slander Probe Could Prompt Management Changes

Apr 05, 2019

Italy's Eni has carried out internal audits in a slander case relating in part to a Nigeria corruption scandal, and a source with knowledge of the matter said the review could prompt some management changes at the oil major.Eni and its Anglo…

Dutch Prosecutors Target Shell Over Nigeria Oil Deal

Mar 01, 2019

Dutch prosecutors are preparing criminal charges against Royal Dutch Shell over the $1.3 billion acquisition of an Nigerian offshore oilfield, ramping up pressure on the energy firm that already faces bribery charges in Italy over the case.Within hours of Friday's announcement on the Nigerian case…

Venezuela’s Oil Production Could Fall to Half

Feb 12, 2019

Struggling Venezuela already is producing oil at a multi-decade low, but the socialist nation's crude output could fall another 50 percent by 2020, according to a new report.After producing 2.4 million barrels a day as recently as 2015, Venezuela already is down to 1…

Sound Energy Starts Drilling Well in Eastern Morocco

Dec 09, 2018

Moroccan focused upstream gas company Sound Energy confirmed that the drilling at TE-10, the second well of a planned three exploration well campaign in Eastern Morocco, has commenced.The TE-10 well will test the North East Lakbir prospect in…

Shell Sees Nigeria Corruption Trial Lasting Many Months

Oct 11, 2018

Royal Dutch Shell expects a landmark corruption trial over a Nigerian oil deal to last many months, warning staff of continued critical media coverage in the $1.3 billion case, according to an internal memo seen by Reuters.Shell's Legal Director…

Plexus inks Centrica production well order

Sep 25, 2017

Plexus Holdings was awarded a contract with Centrica North Sea to supply its POS-GRIP 'HG' 10,000psi adjustable production wellhead for a gas production well in the UK Southern North Sea. Plexus has previously supplied Centrica with its…

Azinor inks rig for two UKCS wells

May 05, 2017

Private equity backed Azinor Catalyst has awarded a rig contract to Diamond Offshore Drilling for use of the Ocean Guardian semisubmersible rig to drill two wells in Q3 2017. The first exploration well will target the Partridge prospect…

CLNR eyes two Southern North Sea prospects

Apr 20, 2017

Cluff Natural Resources (CLNR) has found a range of development options for two of the company’s lower risk projects on License P2248 in the Southern North Sea through a scoping study conducted by Xodus Group. The study had indicated…

Bearing the weight

Feb 01, 2017

Operating in HPHT conditions have led to thicker, heavier subsea equipment that can hold up to extreme environments. Atul Ganpatye and Kenneth Bhalla, of Stress Engineering, discuss challenges associated with the design of this equipment…

Norvestor invests in READ Cased Hole

Dec 15, 2016

Norvestor VII L.P. and Norvestor VII OS L.P., funds managed by Norvestor Equity, has signed an agreement to invest in Aberdeen-based READ Cased Hole, an independent provider of production logging and well integrity evaluation services.  “In READ Cased Hole…

Wireless wells 

Dec 01, 2016

For the first time, wireless technology has been used downhole on a subsea well. John Sheehan speaks with FMC Technologies to learn more. Communicating beneath the waves.  Images from FMC Technologies…

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