Winners named for North Sea electrification competition
Orcadian Energy, Orsted and Katoni Engineering must now complete work on their studies by 31 March 2022, with project reports to be published in 2Q22.
The latest upstream news
Oil Search receives shareholder approval for buyout by Santos
The deal would create a global top 20 oil and gas company and make Santos the largest shareholder in PNG's biggest resource project, the PNG LNG project, run by ExxonMobil.
ExxonMobil aiming for net zero emissions in Permian Basin operations by 2030
The plans are part of the corporate-wide effort to reduce upstream greenhouse gas emissions intensity by 40-50% by 2030, compared to 2016 levels.
GlobalData: digital oilfield technologies taking industry closer to unmanned operations
Digital oilfield technologies such as digital twins and other remote monitoring solutions will be gamechangers in upstream oil and gas operations, according to GlobalData.
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23rd World Petroleum Congress
05 Dec 2021 - 09 Dec 2021
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PGS awarded 4D survey in Brazil
The survey will take place over the Roncador and Albacora Leste fields in 2Q22.
Saudi Aramco extends Worley’s contracts for offshore assets
Under the contracts, Worley will continue to provide project management, engineering, design, fabrication and installation supervision for Saudi Aramco’s portfolio of offshore projects.
Maersk Drilling given one-well exploration contract by OMV
The contract is for drilling a well in the Oswig prospect in Block 30/5C of the Northern North Sea basin offshore Norway.
TotalEnergies starts up CLOV phase 2 offshore Angola
The tie-back project will reach a production of 40 000 boe/d in mid-2022.
Siccar Point Energy to review options for Cambo oilfield following Shell withdrawal
Shell said in a statement that it had "concluded the economic case for investment in this project is not strong enough at this time, as well as having the potential for delays".
ExxonMobil outlines corporate plans to 2027
The company has set annual capital spending through 2027 at US$20 billion to US$25 billion.