Early production facility arrives at West Rustavi field
The EPF, a key component in enabling Block Energy to process and sell gas from its West Rustavi field in Georgia, has arrived onsite from Canada.
The EPF, a key component in enabling Block Energy to process and sell gas from its West Rustavi field in Georgia, has arrived onsite from Canada.
Upstream and midstream activity for the company was down by 5% in 1H20, compared to a 4% increase in renewables activity during the same period.
Norway, which is not part of the OPEC+ group, has said it would cut its oil production by 250 000 bpd in June and by 134 000 bpd in 2H20.
The multi-million-dollar contract extends a long-term partnership between the two companies, which was first established in 2002.
The announcement comes a day after Petrolia, a partner in the programme along with Concedo and Idemitsu Petroleum, had said that drilling would start by 19 June.
The well is located to the west of the Snorre field in the Northern North Sea, in a block operated by Neptune Energy.
Wells 35/11-24 S and A will be drilled from the West Hercules drilling facility.
Wintershall Noordzee B.V. has started gas production from its second b2 production well at the Sillimanite field in the Netherlands.
The scope of work includes well hook-ups, associated pipelines, and tie-ins for several new gas wells that Tatweer Petroleum is planning to drill in the Bahrain field.
The agreement will enable co-manufacture of wireline downhole technology.
The backlog, which will likely increase in June, is equivalent to about two years of fraccing at the current pace, according to Rystad.
Strike Energy and Warrego Energy, the operators of the West Erregulla gas field in Western Australia, have entered a long-term contract with Ensign Energy Services for the provision of drilling services with the Ensign 970 drilling rig.
The Kharasaveyskoye field, in the Yamal peninsula, has estimated gas reserves of approximately 2 trillion m3.
The suspension will last for up to 12 months.
The prediction comes as a result of the company's expectation of weak demand for energy for a prolonged period and a faster transition away from fossil fuels due to the ongoing Covid-19 pandemic.