Upstream drilling news

MODEC has announced that it has been successful in securing the front-end engineering and design (FEED) for a floating production, storage and offloading (FPSO) system for Shell do Brasil Ltda (Shell) on the Gato do Mato development, offshore Brazil.

Panoro Energy has announced that it has reached an agreement with the Government of Equatorial Guinea on the key terms and conditions for the award of offshore Block EG-23.

Transocean has announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico.

88 Energy has announced successful flow testing of the Upper SFS reservoir in the Company’s Hickory-1 discovery well, located in Project Phoenix on the North Slope of Alaska.

Seatrium has announced that it has secured a series of major contracts with an aggregate value of US$350 million, to be completed by end of 2025.

APA Corporation has announced that its acquisition of Callon Petroleum Company has been completed.

Special task force for upstream oil and gas business activities (SKK Migas) in collaboration with production sharing contract (PSC) Prima Energy Northwest Natuna Pte. Ltd. (PENN) have concluded discussions on the revision of the plan of development (PoD) I for the Ande-Ande Lumut (AAL) Oil Field.

Ocean Installer has secured a new subsea line modification (SLM) project award from Equinor on Åsgard A.

PTTEP has ramped up the G1/61 Project’s sales volume to 800 million ft3/d as planned. The increased gas delivery will help minimise the impact of electricity price and enhance national energy security.

BlueNord ASA has announced that the Tyra Redevelopment Project in the late hours on 21 March 2024 successfully reached an important milestone with the safe restart of production.