Gazprom Neft-Lukoil JV to develop oil and gas cluster in Yamal-Nenets region
The new production cluster will be centred around the Tazovskoye oil and gas condensate field, brought into production by Gazprom Neft in June this year.
Drilling & production
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Warwick Investment Group acquires Rosewood's Eagle Ford assets
The combined purchase price and anticipated development capital represents an incremental ~US$450 million commitment to the Eagle Ford for Warwick.
Tendeka secures US$30 million worth of new wells contracts
The company has also won long-term work with operators for its swellable packers and sand and inflow control technologies across key energy hubs.
Pharos Energy farms out interests in Egypt to IPR
Pharos Energy has reached an agreement for the farm-out and sale agreement for a stake in the El Fayum and North Beni Suef Concessions with IPR.
Energean contracts Halliburton for offshore Israel drilling campaign
Halliburton will collaborate with Energean to deliver exploration, appraisal, and development wells offshore Israel.
ADNOC to sell at least 7.5% stake in drilling unit
Offering and price range are expected on 13 September, and the final offer price will be set on 27 September.
Noble Corp. drill ship damaged by Hurricane Ida
Several riser joints and the lower marine riser package separated from the Noble Globetrotter II ultra-deepwater drill ship during the storm and sank to the seabed.
More Drilling & production news
Serica Energy starts production from Rhum R3 well
First production from the well in the UK North Sea was achieved on 23 August.
Solveig field given consent to start up
Estimated recoverable reserves from Solveig are 9.2 million m3 of oil equivalent in Phase 1.
TAQA initiates review of oil and gas business
The company has said that all options will be considered, including the sale of some or all the assets.
Aker BP likely to downgrade resource estimate for Liatårnet discovery
Aker BP’s preliminary resource estimate for the discovery was between 13 and 32 million m3 of recoverable oil, but this is likely to be downgraded.
Sapote-1 well spudded offshore Guyana
The Sapote-1 prospect is located in the south eastern section of the Canje Block, operated by ExxonMobil.
Shell makes FID on Timi gas project
The Timi development features Shell's first wellhead platform in Malaysia powered by a solar and wind hybrid renewable power system.
Production begins from Troll phase 3 project
Recoverable volumes from Troll phase 3, which will produce the Troll West gas cap, are estimated at as much as 347 billion m3 of gas.
INEOS completes acquisition of Hess assets in Denmark
INEOS acquires 61.5% of the Syd Arne oilfield, currently operated by Hess, which complements the 36.8% share INEOS already holds in the field. INEOS will also acquire 4.8% of the Solsort field, which is already operated by INEOS.