The integrated project scope encompasses drilling rigs and technologies and services, including drill bits, measurement while drilling and logging while drilling, drilling fluids, cementing and completing wells.
PTTEP will take over operating the Yadana gas field, offshore Myanmar, following TotalEnergies' decision to withdraw from the project.
Equinor will not enter any new trades or engage in transport of oil and oil products from Russia.
The divested assets primarily comprise non-operated properties across west Texas and southeast New Mexico, with estimated production of approximately 7000 boe/d.
After final commissioning of the Saturn Banks Reception Facilities at the Bacton terminal, backgassing of the pipeline system was successfully completed over the past week.
Halliburton will deploy Energy Stack, its cloud solution that runs on-premise, to manage petrotechnical software applications.
The drilling of the Muzarabani-1 exploration well will involve the Exalo #202 rig, expected to commence mobilisation to the Cabora Bassa project in May.
The transaction includes a 10% share of the Nova field and a total of 11 exploration licences.
The scope of the contract includes the provision of directional drilling services, upper completions, lower completions, artificial lift solutions and wellheads for the Tilenga development.
Shell has announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas and LNG.
The company has suspended activities with LLC Gusar as a result of the ongoing situation in Ukraine.
The launch of the centre in Andoversford follows successful downhole and system testing of Enteq Technologies’ new SABER Tool, an alternative to traditional rotary steerable systems (RSS) for directional drilling.
At the end of 2021, Shell had around US$3 billion in non-current assets in Russia.
A fault has been identified in the Rhum Subsea Control Module which has necessitated a temporary shutdown of production.
At the end of 2021 Equinor had US$1.2 billion in non-current assets in Russia.