Nabors and Corva announce digital and automated drilling solution
The players aim to bring a new level of intelligence and performance to drilling rigs.
Drilling & production
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Eni signs agreement to sell Nigerian subsidiary NAOC Ltd to Oando PLC
Eni has announced the signing of an agreement with Oando PLC for the sale of Nigerian Agip Oil Company Ltd, the wholly Eni-owned subsidiary focusing on onshore oil and gas exploration and production in Nigeria, as well as power generation.
Equinor has awarded COSL Offshore Management AS two contracts on Norwegian continental shelf
The contract values are calculated at around US$369 million for both firm periods.
Petrobras signs agreements with major Chinese companies
The company has signed four memorandums of understanding (MOUs) with China Energy, SINOPEC, CNOOC and Citic Construction, China's main oil and energy groups.
Eni and PETROCI start production from Baleine Field in Côte d’Ivoire
This milestone comes less than two years after the discovery in September 2021 and less than a year and a half after the final investment decision.
Shell delivers first gas from the Timi platform in Malaysia
Sarawak Shell Berhad (SSB), a subsidiary of Shell plc, has announced that gas production has started at its Timi platform in Malaysia under the SK318 production sharing contract (PSC).
Equinor begins increasing production at Statfjord Øst
The company and its partners expect to increase production from the field by 26 million boe.
Bain & Company encourages upstream producers to capitalise opportunities in green commodities
According to Bain & Company’s latest report, upstream commodity producers must act fast to unlock the market potential for green commodities and fast-track the global transition to sustainable metals and chemicals.
Westwood Global Energy Group shares positive outlook for the Nigerian oil and gas sector
The latest analysis from Westwood Global Energy Group uncovers a positive outlook for the Nigerian oil and gas sector, following a ‘decade of unmet potential.’
Recovery from Statfjord Øst to improve with gas lift pipeline
The licensees in Statfjord Øst have received consent to use new facilities linked to the gas lift project on the field. Expected start-up will be soon.
Tracerco announces supply and marketing agreement with Kobold
Tracerco announced a supply and marketing agreement with Kobold Completions Inc. to provide clients with a technology that will continuously monitor oil reservoirs.
Silverwell agrees three-year multi-well gas lift contract with major NOC in S.E. Asia
Silver has secured a three-year multi-well contract in Southeast Asia for the installation of the artificial lift production optimisation system.
New US$100 million contract for semi-submersible rig Hercules
SFL has announced that it has signed a drilling contract in Canada with a value of approximately US$100 million.
Strohm’s TCP jumper installed in South America
The company’s first deep-water/high pressure thermoplastic composite pipe (TCP) jumper in South America has been successfully installed, commissioned and is up and running for ExxonMobil Guyana at its Liza field.
Chesapeake Energy have agreed to sell its remaining Eagle Ford assets
Chesapeake Energy Corporation has announced that it has executed an agreement to sell its remaining Eagle Ford assets to SilverBow Resources, Inc. for US$700 million.