Upstream drilling news

Chevron has announced today that its 50 % owned affiliate Tengizchevroil LLP (TCO) has safely commenced operations at its wellhead pressure management project (WPMP) at the Tengiz oil field in Kazakhstan.

TAG Oil has announced that it has successfully pumped all twelve planned stages of its multistage hydraulic frac on its BED4-T100 (T100) well location.

PBS has secured an extension to the general maintenance and operations contract (GMOC) awarded by TotalEnergies in 2020 to cover its North Sea assets.

TotalEnergies announces that its 85%-owned affiliate, TotalEnergies EP Congo, has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license from Trident Energy and the sale to Trident Energy of its 53.5% interest in the Nkossa and Nsoko II licenses.

Eni has announced that it has reached an agreement on the combination of substantially all of its upstream assets in the UK, excluding East Irish Sea assets and CCUS activitieswith Ithaca Energy, marking a strategic move to significantly strengthen its presence on the UK Continental Shelf.

Custos Energy has provided an update regarding the ongoing exploration campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin.

Aker has announced that production has started from Hanz in the North Sea. Hanz is operated by Aker BP, with Equinor and Sval Energy as partners.

Petrobras and bp signed a memorandum of understanding (MoU) with the purpose of promoting discussions and collaboration between the companies.

SBM Offshore has announced that it has secured a US$250 million term loan facility.

ExxonMobil Guyana has awarded Strohm a TCP “jumper on demand” contract for the supply of TCP for the Whiptail project. This brings the project count for the Netherlands-based manufacturer to three for ExxonMobil Guyana, following previous awards for the Yellowtail and Uaru projects.