Oilfield


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OMV and ADNOC Sign a New Offshore Concession Agreement

OMV awarded 20% stake in two oil fields offshore concessions in Abu Dhabi: SARB and Umm Lulu Substantial increase of OMV's reserves of around 450 mn boe Long-term plateau expected at 40 kbbl/d (net to OMV) Major step towards OMV's delivery on the strategy 2025 His Highness Sheikh Mo ...

OilVoice Press - OilVoice


Posted 19 days agoPress > OffshoreOMVADNOC +6

DAV MX™’s Exceptional Versatility Steers Drilling Campaigns Back on Track

Churchill Drilling Tools, a leading oilfield service company specializing in drilling innovation, has revealed that its award-winning DAV MX™ CircSub was activated for a landmark 700 th time this month. Run in hundreds of wells every year and recognized for its reliability, resilience and versati ...

OilVoice Press - OilVoice


Posted 27 days agoPress > DrillingOilfieldChurchill Drilling

CNOOC Limited Announces Weizhou 6-13 Oilfield Commences Production

(Hong Kong, March 20, 2018) - CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that Weizhou 6-13 oilfield has commenced production ahead of schedule. Weizhou 6-13 oilfield is located in Beibu Gulf in the South China Sea with an average water depth of approximately 35 ...

OilVoice Press - OilVoice


Posted 2 months agoPress > OilfieldProductionCNOOC +2

TGT Appoints Ken Feather as Chief Marketing Officer

TGT Oilfield Services, the leader in through-barrier diagnostic systems for the oilfield, has announced the appointment of Ken Feather as its chief marketing officer. Based in TGT's global headquarters in Dubai, marketing and brand expert Feather will lead the company's strategic initiatives for ne ...

Kate Yuill


Posted 6 months agoPress > marketingmarketing strategyGlobal +3

Oilfield service companies exposed to shale are the winners of OPEC cuts; offshore suppliers will struggle

Rystad Energy analysis shows that as much as 15 billion USD in increased spending will flow into the non-OPEC shale market in 2017. This incremental change comes after the announced OPEC decision to cut production by 1.2 million bbl/d. Non-OPEC shale well services are best positioned with an estima ...

Julia Weiss


Posted 1 year agoPress > OPECOilfieldOffshore +3