Drilling & production

The Stena Carron drillship is drilling the well, which is located 19 miles (31 km) east of the Pluma-1 discovery in the southeast Stabroek Block.

The award is a follow-up on the feasibility study completed by Penspen in July 2018.

Rise in offshore E&P activities to boost demand.

Wireline logging validates the initial results identified in the targeted R1/R2/R3 and the Mengo reservoirs and confirms oil columns amounting to 44 m across the identified horizons.

The company has announced the completion of works required for the restart of production from the Montara oilfield, following an extensive maintenance and inspection shutdown.

Equinor has awarded Aibel the EPC contract for the final bridge on the Johan Sverdrup field.

The company has together with license partner Equinor completed an appraisal in PL 229 in the Barents Sea through the successful drilling of the 7122/7-7 S Goliat West appraisal well.

The contract is subject to necessary approvals and is contingent on results of the 2019 drilling programme, which includes the drilling of four wells in Israel.

The company has announced the results of the Brasse East exploration well 31/7-3 S and the Brasse appraisal sidetrack 31/7-3 A in the northern North Sea.

The independent oil and gas developer's TLP-101 and TLP-102 wells are located in the Tilapia field in the Republic of Congo.

At plateau, the Egina field will produce 200 000 bpd, which represents about 10% of Nigeria’s production.

The rig will be the first ultra-deepwater floater rated for 20 000 psi operations and is expected to commence operations in the Gulf of Mexico in the second half of 2021.

The company has announced the spud of the ENI UK Limited operated Rowallan exploration well 22/19c-G.

Highlands has announced that its operating partner has successfully concluded completion operations for the six new wells at the East Denver Project and flowback has commenced from three of those six.

Jack Allardyce, oil and gas research analyst at Cantor Fitzgerald Europe, gives his thoughts on expected oil growth for next year.