Drilling & production

The company has won a tender for the newbuild supply of floating production storage and offloading vessels (FPSO) platforms P-84 and P-85.

India’s Oil and Natural Gas Corporation Limited (ONGC) has moved a record-high 45 drilling rigs to new locations ahead of the Indian monsoon season.

The award leverages an existing long-term contract for the execution of the second stage of Phase 3 for Equinor’s Troll project in the North Sea, offshore Norway.

Prior to his appointment as Chair, Paul was Ipieca’s Vice Chair for two years and has previously served as Chair of Ipieca’s Reporting Working Group.

The company has announced that the Ministry of Energy in Tanzania has granted a 25-year development licence over the Ntorya gas discovery area to the Ruvuma joint venture.

This study was undertaken on behalf of Union Jack and Reabold Resources plc, by GaffneyCline & Associates Limited, an international petroleum and energy consultancy.

The company and the Troll partners have decided to invest just over NOK 12 billion to further develop the gas infrastructure in the Troll West gas province.

Guyana, situated on South America's northern coast neighbouring Venezuela, Suriname, and Brazil, has emerged as a significant contributor to growth in the global supply of crude oil.

The company’s analysis foresees this new combined operation focusing first on integration, but constantly looking for new inorganic growth opportunities in the country or even internationally.

The company worked in partnership with another contractor to mitigate the need for 4340 m3 of crude oil sludge to be tankered to incineration, achieve a significant cost saving and recover 1280 m3 of usable oil.

The Wyoming Gas Injection Initiative (WGII) is set to launch to enhance oil well productivity and recovery from existing fields and wells in Wyoming.

Patterson-UTI energy has announced that its subsidiary, Patterson-UTI International Holdings, Inc., has signed a non-binding term sheet with ADNOC Drilling.

North Sea oil and gas operators could invest up to £3 billion in 14 major projects capable of cutting up to 32 million t of lifetime CO2e emissions from their production activities, according to the NSTA.

The Eldfisk North Project is located in PL018, and the licensees are TotalEnergies EP Norge AS, ConocoPhillips Skandinavia AS, Vår Energi ASA, Sval Energi AS and Petoro AS.

Solutions for rigless plug and abandonment will be key for cost-efficient, environmentally sensitive, and compliant decommissioning of wells.