Oil & gas news

Shell Offshore Inc, a subsidiary of Shell plc, today announced the final investment decision (FID) for Sparta, a deep-water development in the U.S. Gulf of Mexico.

Harbour Energy has noted operator Mubadala Energy’s announcement that the Layaran-1 well has made a significant gas discovery on the South Andaman licence (Harbour 20%), offshore North Sumatra, Indonesia.

Capricorn has entered into an agreement for the full settlement of the payment terms of its sale and purchase agreement with Waldorf Production UK PLC relating to the disposal of its previously held interests in the Catcher and Kraken fields.

During the fourth quarter, Aker BP experienced unplanned downtime at the Alvheim field due to technical issues. This has been resolved, and production is now restored.

DNO ASA has announced that gross production from its operated Tawke license in the Kurdistan region of Iraq continues to climb, with the December to date average approaching 90 000 bpd.

The company has announced that it has executed a contract with Borr Drilling Limited for the hire of the Norve jack-up rig, one of Borr’s fleet of high-specification drilling units, to drill the NJOM-3 well on Tower’s Thali license in Cameroon in 2024.

The NOAKA OBN survey was acquired over two seasons in 2021 – 2022 and comprises 434 km2 of multi-client OBN data.

A total of 193 blocks were auctioned in Brazil’s December 13 oil and gas licensing round – 192 under concession and one under production sharing agreement.

Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS, have progressed the L10CCS project from the Concept Select phase into the next Define/FEED phase.

The company has entered into an agreement to acquire Shell’s equity in and operatorship of the Linnorm discovery in the Norwegian Sea.