Drilling & production

Equinor has now transferred its participating interests in four Russian joint ventures to Rosneft and is released from all future commitments and obligations.

Equinor and Halten East partners Vår Energi, Spirit Energy and Petoro have decided to invest about NOK 9 billion in the development of the area neighbouring to the Åsgard field in the Norwegian Sea.

The company has signed contracts for the bareboat charter of two KFELS B Class rigs to be deployed in the Middle East.

The company has provided an operational update on the drilling of the Sasanof-1 exploration well, and will issue further updates upon the completion of campaign milestones.

Equinor’s Gullfaks asset team will analyse the resulting 4D seismic images to optimise recovery and value from the field.

At the start of Q1 2022, global oil and gas industry contract activity was stifled due to the Russia-Ukraine conflict, according to GlobalData.

CGG’s Sensing & Monitoring division acquired the company as it specialises in high-value services and products for geotechnical risk management and infrastructure monitoring.

The company has provided operational updates on the drilling of the Sasanof-1 exploration well and will issue further updates upon the completion of campaign milestones.

Low-cost tieback expected to add up to 75 000 bbl per day of oil production.

The extensive repairs at Melkøya have been completed, but the run-up of the plant takes somewhat longer than planned.

The company has formally executed contracts for the Nabors 105AC drill rig to drill the Alkaid #2 well, scheduled to spud in July 2022.

Neptune Energy Norge AS, operator of production licence 153, has concluded the drilling of appraisal wells 35/9-16 S and 35/9-16 A on oil and gas discovery 35/9-3 (Hamlet).

Replan is Brazil's largest refinery in terms of processing capacity, with a load of 434,000 bpd. In addition to diesel fuel, it produces gasoline, jet fuel, asphalts, LPG, and propene, among other oil products.

The company has delivered its entire product line offering during the life of the contract, which includes tubular running services (TRS), fishing and rental services, and will complete the project on schedule despite significant operational challenges resulting from the Covid-19 pandemic.

The new agreement will give Petrobras geoscientists access to advanced technology innovations, including full-waveform inversion (FWI), significantly enhancing their imaging capabilities.