Upstream drilling news
Shell invest in the Fram field in the North Sea
This FID adds momentum to Shell’s North Sea production growth, following the decision to redevelop the Penguins field in the northern North Sea.
BP starts-up landmark Shah Deniz 2 development in Azerbaijan
BP and its partners in the Shah Deniz consortium have announced the start-up of the landmark Shah Deniz 2 gas development in Azerbaijan, including its first commercial gas delivery to Turkey.
Trinidad awarded contract for two rigs in Kuwait
Trinidad Drilling Ltd. (Trinidad or the Company) has announced an award in Kuwait for two Trinidad Drilling International (TDI) joint venture rigs on a five-year contract.
Faroe reports successful Fogelberg production test
The Fogelberg discovery has now been successfully appraised confirming sufficient well productivity and reservoir connectivity capable of delivering commercial rates from the planned horizontal gas producers.
Equinor granted drilling permit for Cape Vulture appraisal wells
The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for wells 6608/10-18, 6608/10-18 A and 6608/10-18 B, cf. Section 15 of the Resource Management Regulations.
Central Petroleum provides WM26 drilling update
Central Petroleum Limited announces that drilling continues without incident and is currently at 2274 m MD, with another 700 m to go. Logs will be run from 2360 m MD to evaluate completion options in the Lower Stairway 2.
Serica hands in development plan for Columbus field
Serica Energy plc has announced the submission of a Field Development Plan (FDP) for the Columbus Development.
Subsea 7 awarded contract offshore Angola
Subsea 7 has announced the award of a substantial contract by Total E&P Angola for the engineering, procurement, installation and commissioning of the subsea flowlines and umbilicals for the Zinia Phase 2 project, 150 km offshore Angola in water depths from 800 to 1000 m.
WoodMac: Rise in new players in Southeast Asia's upstream sector
Conglomerates and domestic independents among most active resource acquirers in region.
Block Energy Plc: increases stake in 608 BCF and 37.9 million bbl Georgian licence
The company has announced the acquisition of an additional 20% interest in the highly prospective 36.5 km2 West Rustavi licence in Georgia, increasing its working interest (‘WI’) to 25%.