Oil & gas news

DeepWell is a Norwegian well intervention company focused on high-tech based wireline services.

The survey is located in the western portion of the Santos Basin and works as a northwest extension of the existing TGS Santos 3D, covering approximately 5000 km2.

Scheduled for completion in late 2024, the P-78 FPSO will be customised for deployment in Brazil’s prolific Buzios field.

Commencing in July 2021, the contract will run for five years with 2x1-year extension options.

The tender involves ERIELL Group carrying out workovers and side-tracking works at the bottom of the Aral Sea.

Chevron is right in holding back in capital spending to boost production as its current priority remains in creating a strong balance sheet and generating free cash flow, says GlobalData.

CGG has been awarded a contract by Equinor for the seismic imaging of its Bacalhau 3D ocean bottom node survey.

Drilling operations on the Ilder exploration well 15/12-26, operated by Chrysaor Norge AS, are now being concluded.

The Liuhua 29-2 gas field is expected to reach a peak production of approximately 41 million ft3/d of natural gas in 2021.

The Railroad Commission of Texas issued a total of 732 original drilling permits in April 2021 compared to 456 in April 2020.