According to preliminary estimates the new find in the Cuenca Salina Sureste Basin may contain between 150 and 200 million boe in place.
The Liuhua 21-2 oilfield is is expected to reach its peak production of approximately 15 070 bpd in 2023.
PetroVietnam Technical Services Corp. has been contracted to provide EPCIC services for the Gallaf Batch 3 Project, the next development phase of the Al-Shaheen oilfield located offshore Qatar.
The 437 km2 survey will be acquired in the NOAKA area, between Oseberg and Alvheim in the Norwegian North Sea.
Seismic processing tenders have been issued and, following review, a contract will be awarded shortly.
The East Cendor field in Block PM304, operated by Petrofac and located 140 km offshore Peninsular Malaysia, achieved its first oil production on 23 June 2021.
The Oil & Gas Authority’s UKCS Energy Integration Report last year calculated that electrification could abate UKCS oil and gas operational emissions by 2 – 3 Mt CO2 per year by 2030.
HydroVolve, based in Aberdeen, UK, has appointed Jamie Airnes as CEO and launched a new range of technology solutions built on its patented hydraulic-powered downhole engine.
Jeff Gustavson has been named president of Chevron New Energies, which will intially focus on commercialisation opportunities in hydrogen, carbon capture and offsets and support of ongoing growth in biofuels.