Upstream drilling news

The company will provide its continuous environmental compliance and drilling performance management services on both projects.

The Qinhuangdao 33-1S oilfield phase I project is expected to reach its peak production of approximately 6000 bpd of crude oil in 2021.

The company drilled a total of 80 wells, down from the approximately 110 wells originally planned due to continued production outperformance.

An armed group has shut production at the Libyan oilfield just days after it had resumed, according to the country's National Oil Corp.

The engineering study project award will see Penspen support with drilling platform diesel fuel tank modification for the multi-field integrated natural gas development.

Production has resumed at the Sharara and El Feel oilfields in the southwest of the country.

The regulation provides that exploratory drilling projects in a specific area of the Canada-Newfoundland and Labrador offshore are excluded from the requirement to undergo a project-specific federal Impact Assessment.

Borr Drilling will now delay delivery of five newbuild jack-up rigs until mid-2022.

Exploration drilling is anticipated to commence at the Pensacola gas prospect in 2H21 and in 2022 at the Selene gas prospect.

The Semakovskoye field in the Yamal-Nenets Autonomous Area has recoverable gas reserves in excess of 320 billion m3.