OMV start production in Abu Dhabi
The production start-up of the Umm Lulu and SARB (Satah Al Razboot) fields shows an initial capacity of 50 000 bpd.
Drilling & production
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Rowan Norway awarded contract by Turkish Petroleum
The two-well contract is expected to commence in late 2018.
Newbuilt shuttle tankers for the Roncador field in Brazil
Equinor has entered into time charter contracts for two newbuilt shuttle tankers with the shipowner Knutsen NYK Offshore Tankers AS (Knutsen).
W&T Offshore signs definitive agreement to sell non-core asset
The company has also announced a successful exploration well at Ewing Bank 910 field.
VAALCO Energy, Inc. announces 10-year extension of Etame exclusive exploitation areas through 2018
The company has announced the receipt of the Presidential Decree approving the successful execution of an Amendment to the Etame Marin Production Sharing Contract (PSC) in Gabon between the Government of Gabon and the Etame Participating Interest owners.
Santos targets production of more than 100 million boe by 2025
The company has outlined its plans to grow production to more than 100 million boe by 2025, almost doubling current levels of production.
Equinor strengthening subsea collaboration with Aker Solutions and TechnipFMC
The company is signing collaboration agreements with Aker Solutions and TechnipFMC for subsea equipment and services on the Norwegian continental shelf (NCS) and internationally.
North Sea: Total increases its share in the Danish Underground Consortium
Total has agreed to purchase from Chevron all the share capital of Chevron Denmark Inc. which holds a 12% interest in the Danish Underground Consortium (DUC), a 12% interest in Licence 8/06, and a 7.5% interest in the Tyra West pipeline.
Successful appraisal well and extended production test on Alta
Lundin Petroleum AB (Lundin Petroleum) has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has successfully completed the Alta appraisal well 7220/11-5 and extended production test in PL609 in the southern Barents Sea.
Ashtead Technology delivers installation monitoring services to Subsea 7 on Utgard development
The company has completed a subsea installation monitoring project for Subsea 7 in support of Equinor’s Utgard development, located in blocks 15/8 (NCS) and 16/18a (UKCS) of the central North Sea.
Delineation of the Hanz field and dry wildcat well in the North Sea
Aker BP ASA, operator of production licence 028 B, has concluded the drilling of appraisal wells 25/10-16 S, A and C on the Hanz field, as well as wildcat well 25/10-16 B drilled in production licence 915 just southeast of the Hanz field.
Africa Energy announces results of Cormorant-1 well offshore Namibia
The company has announced that the Cormorant-1 exploration well on Petroleum Exploration License 37 (‘PEL 37’) offshore the Republic of Namibia encountered non-commercial hydrocarbons.
For a sustained growth in oil production Mexico’s new government will need to resume bidding rounds sooner rather than later
Following recent statements by Fluvio Ruiz Alarcon, Adrian Lara, Senior Oil and Gas Analyst at GlobalData, offers his view on the impact on the upstream sector.
Total announces major gas find offshore UK
The company has announced a major gas discovery on the Glendronach prospect, located offshore U.K. West of Shetland.
Transocean Norge to drill for Equinor
Equinor has awarded Transocean a contract for drilling six wells on the Norwegian continental shelf (NCS) by use of the Transocean Norge mobile rig. Drilling start-up is scheduled for the summer of 2019.