Skip to main content

Drilling & production

Union Jack Oil shares net revenues achieved to date

The company has announced that material net revenues in excess of US$18 000 000 have been achieved from the Wressle hydrocarbon development, located within licences PEDL180 and PEDL182 in North Lincolnshire on the western margin of the Humber Basin.

 
 

TGS provides 4Q 2023 revenue update

Based on preliminary reporting from operating units, TGS expects IFRS revenues for 4Q 2023 to be approximately US$189 million, compared to US$219 million in 4Q 2022.

 
 
 
 
 
 
 

Equinor sells its interests in Azerbaijan

Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement whereby Equinor will divest all its remaining assets in Azerbaijan to SOCAR.

 

TotalEnergies announce start of production in Brazil

TotalEnergies has announced the start of production from the second development phase of the Mero field on the Libra block located more than 180 km off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin.

 
 
 
 

DNO Kurdistan production continues to climb

DNO ASA has announced that gross production from its operated Tawke license in the Kurdistan region of Iraq continues to climb, with the December to date average approaching 90 000 bpd.