Italy’s Eni and Algeria’s Sonatrach have signed a series of agreement to collaborate in a number of oilfield projects and ramp up the North Africa country’s oil and gas production
Exploration
Tendeka wins AICD screens contract in Sub-Sahara Africa’s oil and gas sector
Independent global completions service company Tendeka has been awarded a multi-million-dollar contract to deliver autonomous inflow control devices (AICD) screens for an operator in Sub-Sahara Africa
Aquaterra Energy installs CSP platform for offshore Trinidad and Tobago
Aquaterra Energy, Aberdeen-based offshore engineering solutions provider for the global oil and gas industry, has delivered its Sea Swift conductor supported platform (CSP) to DeNovo Energy in offshore Trinidad and Tobago, a platform that is already installed in three shallow water locations in West Africa as well
IEA's Birol sees US playing larger role in meeting oil demand
Fatih Birol, executive director of International Energy Agency (IEA) said that the US would meet about two-thirds of global oil demand in about five years, signalling that the US producers would continue to fill the gap left by production cuts from OPEC producers and Russia
Halliburton’s new Stega drill bit to increase drilling efficiency
American multinational oilfield services company Halliburton has released Stega™ advanced drill bit, to optimise the placement of backup cutters to improve bit durability without decreasing drilling efficiency or rate of penetration (ROP)