Total has signed an agreement for the sale of stakes and the transfer of operatorship in various mature assets in Gabon to Perenco. The transaction is subject to approval by the authorities.
The latest upstream news
Cooper Energy has announced that the Sole Gas Project has now advanced to the final stage before commitment.
LGO can confirm that Rig#18 has now been successfully mobilised to the Goudron Field where it has been contracted to drill at least two infill wells to the Mayaro Sandstone reservoir.
INPEX CORPORATION has announced that it has succeeded in discovering deposits of quality oil through the drilling of an exploration well at the onshore Exploration Block 10 (the block) in the Republic of Iraq, in which it holds a 40% participating interest through INPEX South Iraq, Ltd., a subsidiary.
More oil news updates
ABB’s OCTOPUS marine software will improve the safety and efficiency of four new semi-submersible heavy lift vessels, using weather and loading data to plot the optimal route.
DNV GL, the multinational provider of risk management services, is further developing its consultancy services to address key industry challenges such as enhancing safety, efficiency and performance.
iSURVEY has secured a non exclusive call-off contract with Shell UK Ltd, Shell NAM, Norske Shell and Shell E&P Ireland for the provision of rig positioning and surveying services.
UK-based start-up Rovco has taken its firsts steps into international waters and made significant progress towards growing its global footprint following the completion of two subsea survey contracts in Southeast Asia and the Middle East.
Now in its fourth year, ITF’s Technology Showcase has become a key fixture in the oil and gas events calendar in Aberdeen.
BP group chief executive Bob Dudley will underline the value of the North Sea in the oil major’s global portfolio when he leads the opening plenary session at SPE Offshore Europe 2017 being held in Aberdeen from 5 - 8 September 2017.
Fugro has been awarded a contract by Shell/BG Kenya for the execution of a seabed survey to detect natural leakages of hydrocarbons.
Allseas has awarded First Subsea a contract to supply a 42 in. Ballgrab Pipeline Recovery Tool (PRT) for the Sur de Texas-Tuxpan pipeline project.
President Energy, the oil and gas exploration company, has provided an update on its Argentina operations.
The Salman-1 well will be drilled to 4245 m MD through Kurra Chine target horizon to be followed by further testing of five prospective targets. Rosneft plans to complete drilling in July 2017.
Hydrocarbon production from the ‘Golden Triangle’ – incorporating the deepwater (>500 m water depth) plays of Brazil, the US Gulf of Mexico and West Africa – will peak in 2019 due to the lack of projects sanctioned in recent years.
CGG has announced that it has been awarded a contract by Brunei Shell Petroleum to operate a dedicated processing centre (DPC) at its Seria office in Brunei Darussalam. The contract will run for a period of six years, from 1 January 2017 to 31 December 2022.
Australian geoscience company Frogtech Geoscience released a comprehensive new basement-focused study of the hydrocarbon-rich South China Sea and Gulf of Thailand; a geologically complex region.
CNPC contributed a sign up bonus of AED 6.5 billion (US$1.77 billion) to enter the concession. The onshore concession is operated by the Abu Dhabi Company for Onshore Petroleum Operations (ADCO).
InfiNet Wireless has provided a cost-effective solution to significantly improve connectivity for AxURE Technology’s network across many oil fields in Colombia.
A geological analysis of the Rockall area of the North Atlantic has revealed previously unknown insights that could lead to new oil and gas discoveries in the UK Continental Shelf (UKCS).
The firm, which specialises in integrity management services, has created five new positions at its UK headquarters. The new roles, which include two senior engineers, a corrosion consultant, a software developer and a technical assistant.
Eelume AS has released the first live video footage of its take on underwater intervention vehicles.
Jersey Oil & Gas, an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, has provided a corporate and operational update.
The Kraken Floating Production Storage and Offloading vessel arrived at the field on Monday 13 February, anticipating good weather conditions.