Drilling & production

Sintana Energy Inc. has provided the following further update regarding the second campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin.

CNOOC Ltd has announced that Jinzhou 23-2 Oilfield Development Project has commenced production.

Innovex previously made a minority investment in DWS in May 2023.

Springfield Exploration and Production has successfully completed appraisal well test activity at the Afina oil and gas discovery, offshore Ghana.

Fulkrum, a leader in inspection, expediting, auditing, and technical staffing services, announces the launch of its new entity in Iraq. This significant milestone comes as Fulkrum secures a multi-million USD contract to provide surveillance services for a major Gas Hub development project in the region.

CNOOC Ltd has announced that the Huizhou 26-6 Oilfield Development Project has commenced production.

Following completion of the transaction, Seascape will retain a 10% participating interest in the PSC through its wholly owned subsidiary, Topaz Number One Limited.

The 35% y/y surge in third-quarter production was driven by improved productivity and expanded takeaway capacity, led by flagship operator Yacimientos Petrolíferos Fiscales (YPF) and bolstered by local independent producers.

These certified yards are integral to McDermott's engineering, procurement, construction, and installation (EPCI) services, enabling major offshore and onshore projects worldwide.

Union Jack Oil plc, a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company has announced a positive drilling update in respect of the Taylor 1-16 well, located in Seminole County, Oklahoma, USA, in which Union Jack holds a 45% working interest.

Petrobras informs that it has started the teaser stage for the transfer of its 25% minority stake in the Tartaruga Field.

Axess Group has secured a frame agreement extension with KCA Deutag, a drilling, engineering and technology company.

Valeura Energy Inc. has announced the successful completion of an infill drilling campaign at the Jasmine field in Licence B5/27 (100% operated working interest), offshore Gulf of Thailand.

Prospex Energy plc, the investment company focused on European gas and power projects, has announced an update on the schedule of the flow testing at the Viura-1B development well, which is expected early in December.

According to Reuters, a senior executive at Exxon Mobil said that US oil and gas producers remain focused on capital discipline, rather than radically increased production.