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Bristow Group has secured a three year contract extension with Aker BP to support air transportation crew change services for Aker BP s operations in the Norwegian continental shelf.
Bristow Group Inc. (NYSE: VTOL) has revealed that it has secured a three year contract extension with Aker BP to support air transportation crew change services for Aker BP’s operations in the Norwegian continental shelf.
The new deal will see Bristow’s contract with Aker BP continue until August 2024 and includes an option to extend for a further year. Under the deal, Bristow, which has been an Aker BP aviation partner for more than 15 years, will use its fleet of existing S-92s in Norway to provide crew change flights out of its base in Sola.
Here is a review of some of Rigzone s most popular downstream-related articles from last week.
Based on page views, Rigzone’s downstream readers showed considerable interest in articles about multibillion-dollar natural gas projects: one in North America and another in Africa. Keep reading for details in this recap of some of last week’s most popular downstream-related news items.
Nacero Inc. has revealed that it plans to build a lower-carbon gasoline manufacturing facility near Odessa, Texas. The facility, which will be built in two phases, will produce the fuel from natural gas, bio-methane, and associated gas feedstocks. Construction is slated to begin later this year, and Nacero stated the facility will boast a production capacity of 100,000 barrels per day after the second phase. Moreover, the firm pointed out that it expects to employ 3,500 skilled workers at the height of Phase 1 construction and then 350 full-time operations and maintenance personnel – earning an appr
Here are some of Rigzone s top upstream stories during the last week, just in case you missed them.
Here are some of Rigzone’s top upstream stories during the last week, just in case you missed them…
USA Set for Gas Boom
According to a new Rystad Energy analysis, natural gas production in the United States is set to grow to a new record of 93.3 billion cubic feet per day (Bcfd) in 2022 and will continue to rise thereafter, exceeding 100 Bcfd in 2024.
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CEO Retires as Drilling Contractor Exits Chapter 11
Diamond Offshore Drilling reported that it, along with its debtor affiliates, emerged from Chapter 11 bankruptcy on April 23 and that Marc Edwards had retired as the drilling contractor’s chairman, president, and chief executive officer.
The active USA rotary rig fleet increased by two this week.
The overall U.S. rotary rig count increased by two to 440 drilling units this week, Baker Hughes Co. (NYSE: BKR) reported Friday.
In its weekly count of operating rigs Baker Hughes noted the U.S. oil rig tally declined by one to 342. The U.S. gas rig total grew by two to 96 and miscellaneous rig count increased by one to two, the service company added.
Since this time last year, when 408 rigs were operating, the U.S. has added 32 rigs, Baker Hughes noted. The firm stated the year-on-year figures reflect a 17-unit increase in oil rigs, a 15-unit gain in gas rigs, and no change in the number of miscellaneous rigs. It added the U.S. offshore rig count grew by two this week to 13 – compared to 16 a year ago.
Trelleborg announced Thursday that it has signed an agreement to divest its oil and gas operation in Norway.
Trelleborg announced Thursday that it has signed an agreement to divest its oil and gas operation in Norway.
The company said the buyer is the current management together with a local partner. The transaction is expected to be finalized in the second quarter of this year and does not have any material impact on the group’s net profit, Trelleborg highlighted.
“When a strategic review was conducted of the business unit at the end of 2019 it became clear that a divestment was the best alternative for us and for this oil and gas operation … it is therefore satisfying to communicate the transaction” Peter Nilsson, the president and chief executive officer of Trelleborg, said in a company statement.