Drilling & production

Upwing Energy will present a paper on high-speed magnetic technology solutions for downhole machinery at the 2021 Offshore Technology Conference.

A boosting system supplied by OneSubsea has enhanced production at the Equinor-operated Vigdis oilfield in the North Sea.

DNO ASA has completed the acquisition of ExxonMobil's remaining stake in the Baeshiqa licence.

The company has said it will invest in appropriate accredited voluntary offsets to achieve scope 1 and 2 net zero emissions.

The cash and stock transaction is valued at approximately US$788 million.

Blythe is the second development well in IOG's Phase 1 North Sea project and is expected to take under three months to drill and complete.

The Liuhua 21-2 oilfield is is expected to reach its peak production of approximately 15 070 bpd in 2023.

The East Cendor field in Block PM304, operated by Petrofac and located 140 km offshore Peninsular Malaysia, achieved its first oil production on 23 June 2021.

Kentech has also rebranded as Kent.

HydroVolve, based in Aberdeen, UK, has appointed Jamie Airnes as CEO and launched a new range of technology solutions built on its patented hydraulic-powered downhole engine.

A tribunal ruled in September 2019 that Ecuador owed Perenco US$391 million as a result of its takeover of Blocks 7 and 21.

Equinor and TotalEnergies have transferred their interests in the Petrocedeño project to PdVSA.

Operator Neptune Energy estimates the reserves at the Duva field in the Norwegian North Sea to be approximately 11 million m3 of oil equivalent.

Production operations have resumed following the Aoka Mizu FPSO's scheduled annual maintenance shutdown.

FPSO Almirante Tamandaré will be deployed at the Búzios field in the Santos Basin, approximately 180 km offshore Rio de Janeiro in Brazil.