Upstream drilling news

Yinson Production has officially named FPSO Maria Quitéria during a grand naming ceremony held at Cosco Shipping Heavy Industry (Shanghai) Shipyard in China on 3 April 2024.

Petro-Victory Energy has provided an update on the workover campaign to increase oil production in the 100% owned São João field in the Barreirinhas Basin in Maranhão, Brazil.

Equinor has awarded ocean services provider DeepOcean a frame agreement for marine services covering subsea intervention and repair contingency for subsea pipelines, structures and high voltage cables for both offshore renewables and oil and gas fields.

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.