Oil & gas news

The UK Oil and Gas Authority’s 2021 Decommissioning Cost Estimate has revealed steady progress towards a £39 billion by end-2022 target – but makes it clear that the industry must maintain the pace of cost-cutting.

Equinor has concluded the drilling of wildcat well 31/11-1 S, the first exploration well in production licence 785 S.

Woodside has also said the Ocean BlackRhino drillship is due to begin development drilling at the Sangomar project offshore Senegal next week.

The contract will be TechnipFMC’s first EPCI project with Tullow Ghana.

Preliminary estimates place the potential of the Eban–Akoma complex between 500 and 700 million boe in place.

Panthera Solutions, a joint venture partnership between Guyana’s Farfan & Mendes and Canada’s Crosbie, is working with 3t Energy Group’s training division AIS Survivex to upskill its Guyanese personnel with internationally recognised offshore qualifications.

Petrofac will continue to provide operations and maintenance services for Neptune Energy's Cygnus Alpha platform in the Southern North Sea for another three years.

Talos Energy has said it is "very disappointed" with the decision of Mexico's Ministry of Energy to designate Pemex as the operator of the Zama unit offshore Mexico and will explore all legal and strategic options.

The company is using Kongsberg Digital’s digital twin technology to create a virtual representation of the Ormen Lange deepwater gas field.

The module is currently on barge at Stord, Norway, and will be towed to the Johan Sverdrup field and lifted on board the riser platform by the heavy-lift vessel Sleipnir.