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
Exploration
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)
Sasol and Air Liquide launch world’s largest oxygen production plant in Secunda
South Africa-based integrated energy and chemical company Sasol and Air Liquide have announced the launch of US$246.07mn oxygen production plant in Secunda, South Africa
GlobalData says Africa to see US$194bn in oil and gas capex over next eight years
Consulting firm GlobalData said about US$194bn will be spent on upcoming oil and gas fields in Africa over the next eight-years, underscoring the pickup in oil and gas industry activity in the region