WorldOil Wood launches new phase of subsea integrity management industry network Wood has further extended the SURF IM Network, which aims to share experience and lessons learned from subsea integrity and reliability issues and is supported by 10 major global operators: BP, Chevron, ExxonMobil, Hess, Husky, Petronas, Shell, Suncor, Total and Woodside. Aqualis Offshore to position Total's Egina FPSO, offshore Nigeria Marine and offshore engineering consultancy Aqualis Offshore has been handed the position keeping role for installation of the Egina FPSO, offshore Nigeria. Kosmos Energy acquires Deep Gulf Energy for $1.22 billion Kosmos Energy entered into an agreement to acquire Deep Gulf Energy for a total consideration of $1.225 billion. Shell Brazil invests in solution for inspecting FPSO tanks Aberdeen-based inspection technology and service provider for the oil and gas industry, Innospection, Shell Brazil and SENAI CIMATEC technology institute in Salvador, Brazil, have recently signed a partnership agreement to develop a robot-based technology for in-service inspection of cargo oil tanks of FPSOs. URTeC 2018: Veteran expert says PRMS may be better reserves reporting method than SEC After modernization of the SEC’s reserves reporting requirements in late 2008, many folks in the U.S. oil and gas industry would have expected that the SEC and PRMS (Petroleum Reserves Management System) systems would classify, characterize and estimate reserves in a broadly consistent way, save for some obvious differences, such as prices and costs used in evaluations and some potential interpretation issues. However, this has not necessarily been the case. Halliburton introduces MicroScout Plus Service Halliburton Company introduced MicroScout Plus Service , an offering designed to take hydraulic fracturing, and microfracture stimulation, to the next level by reaching and effectively stimulating secondary microfractures too small to be propped using conventional frac sand. Angola’s major deep offshore Kaombo project comes on stream Total has started up production of Kaombo, currently the biggest deep offshore development in Angola, located on Block 32, 260 km off the coast of Luanda. Industry leaders voice thoughts on unconventional technology trends to full house at URTeC It didn’t take long on Monday for officials at the Unconventional Resources Technology Conference (URTeC) in Houston to realize that attendance at the event will far exceed their expectations, with some technical session rooms swamped beyond capacity. Unconventional resource teams are “all hands on deck” at URTeC 2018 The adoption of new technologies for enhanced oil recovery (EOR), and its impact on America’s growing shale sector, was a primary topic of discussion during Monday’s plenary session at the Unconventional Resources Technology Conference (URTeC) in Houston, Texas. Analyst tells URTeC breakfast gathering to expect big U.S. production gains Walking into one of three URTeC topical breakfast rooms on Tuesday morning, attendees had a fairly good sense of what the speaker was going to say, given that the topic was “Industry Poised for Growth or Prudence?”