Drilling & production

Production from the Breidablikk field in the North Sea started on 20 October, four months ahead of schedule and within budget.

The company has made two key appointments to strengthen its sales and operations team as the business experiences continued growth across Europe and the US.

The Energy Information Administration estimate that U.S. marketed natural gas production in the Lower 48 states (L48) will grow by 5% in 2023 and 2% in 2024.

Woodside CEO Meg O’Neill said the quarter-on-quarter increase in output to 47.8 million boe was underpinned by strong operating results at Pluto LNG.

Following the completion of the transaction and regulatory approvals, the company is increasing its participating interest in the Reggane Nord natural gas project by 4.5%.

The sale includes the Abadi gas project. Completion of the sale follows regulatory approval from Indonesia’s Ministry of Energy and Mineral Resources for the transfer of SUOS’ stake to PT Pertamina Hulu Energi Masela and Petronas Masela.

Falcon Oil & Gas Ltd has announced that drilling operations on the Amungee NW 3H (A3H) well in EP98 have been successfully completed with Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran (B2) Pty Limited.

A total of 48 development wells were drilled and 12 exploration and appraisal wells completed in 2022, according to the Wells Insight Report, published by the North Sea Transition Authority (NSTA) on 12 October.

The company has announced that Tracy Gray has been appointed Director of Strategy and Marketing and joins the Executive team of IWS, effective immediately.

The companies have signed a multi-year three-way collaboration agreement to deliver digital end-to-end workflows for Shell, using SLB subsurface solutions on AWS cloud infrastructure.

Shandong Yulong is currently in the process of completing the construction of a refining and petrochemicals complex that is designed to process around 400 000 bpd of crude oil. Aramco would potentially supply Shandong Yulong with crude oil and other feedstock.

Turan Drilling & Engineering, a KCA Deutag and SOCAR AQS Company, has secured a contract extension, with a value of US$300 million, for the provision of offshore drilling operations and maintenance services in Azerbaijan.

Saipem, in consortium with National Petroleum Construction Company (NPCC), has signed today a letter of award with ADNOC for a new contract related to the Hail and Ghasha development project.

The company has also signed an agreement to sell to Suncor the entirety of the shares of TotalEnergies EP Canada Ltd., comprising its participation in the Fort Hills oil sands asset and associated midstream commitments.

The company has awarded a US$615 million (AED 2.26 billion) engineering, procurement and construction (EPC) contract to Petrofac Emirates for constructing carbon capture units, pipeline infrastructure and a network of wells for carbon dioxide injection at the Habshan gas processing plant.