Many lively oil wells are only slightly producing wells converted to artificial lift. In fact, the portion of wells using mechanical lifts is so high, many wells on multiple leases utilise pumping units
Exploration
Oilfield services provider Wood wins engineering contracts for Senegal oilfields
Oilfield services company Wood said Australian oil producer Woodside awarded the company three engineering contracts for oilfields located offshore Senegal
BP awards McDermott, BHGE engineering contract for offshore gas project
British oil major BP has awarded a contract for the Tortue/Ahmeyim offshore gas project to engineering companies McDermott International Inc and Baker Hughes, a GE company (BHGE)
PEL 37 joint venture for Namibian oil renewed
Namibia, an emerging hotspot in the African oil industry, received a boost this week the the renewal of Petroleum Exploration License 37 (PEL 37) and the signing of a new rig contract
Anglo African Oil & Gas wins Tilapia oil field licence in Congo
Anglo African Oil & Gas PLC has received a new licence that covers the Tilapia oil field in the Lower Congo basin
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