The company’s environmentally acceptable corrosion inhibitor product line has been developed to enable E&P organisations to economically extend the life of their assets in a sustainable way.
The lifting totalled 225 000 barrels with a net share of 27 675 barrels to ADM, which equates to ADM's paying interest of approximately 12.3%.
The agreement with BP will allow Petrobras to hold a 100% interest in the six blocks.
The contract is for an initial five-year period commencing 2Q21 and includes additional optional periods.
The agreements are awarded on behalf of Equinor-operated licences on the Norwegian Continental Shelf and onshore plants in Norway, and on behalf of Gassco as the operator for the Kollsnes and Kårstø gas processing plants.
The Maersk Viking drillship will drill four development wells at the Gumusut-Kakap project offshore Malaysia.
The discovery in Block 15/06 is estimated between 200 and 250 million barrels of oil in place.
A new integrated facilities services contract will see Wood focus on supporting TAQA’s operations across the Cormorant Alpha, North Cormorant, Eider Alpha, Harding, Tern Alpha, Brae Alpha, and East Brae assets.
The company's multi-year, multi-well drilling campaign offshore Ghana has began with the commencement of drilling of the first well at the Jubilee Field.
Qatar Petroleum will hold a 45% participating interest in the PEL 39 exploration license pertaining to Block 2913A and Block 2914B, while Shell (the operator) will hold a 45% interest, and the National Petroleum Corporation of Namibia (NAMCOR) will hold the remaining 10% interest.
The latest version of the map browser is the result of a year-long process of data conditioning and geological interpretation to supply customers with the most up-to-date and comprehensive interpreted well and map data suite available for the region.
The agreement will see i-Energy act as exclusive agents for HPR ROV in the Middle East, enabling the firm to offer its full suite of specialised ROV systems to the region.
‘Subsea Live’ will explore how the subsea supply chain can capitalise on the opportunities presented by the energy transition and the blue economy.
In return for its 50% interest, Advance Energy will fund the Buffalo-10 well offshore East Timor on a free carried basis up to a cap of US$20 million.
Deltic estimates that the Pensacola Prospect contains gross P50 Prospective Resources of 309 billion ft3 (with a P90-P10 range of 39 billion ft3 to 1181 billion ft3).