Upstream news
Neptune Energy endorses World Bank's flaring reduction initiative
Neptune will report annually on its flaring and progress towards meeting the initiative’s objective.
TGS, BGP, CGG sign agreement with Staatsolie for seismic surveys offshore Suriname
The agreement allows the consortium to acquire, promote and license multi-client seismic programmes, including new 3D acquisition and legacy data reprocessing, in the shallow water acreage offshore Suriname.
Petrobras contracts Valaris drillship
The contract, relating to the VALARIS DS-4 drillship, is for a minimum term of 548 days.
BW Energy starts production from well offshore Gabon
The Gamba well DTM-7H has been successfully brought online, while the DTM-6H well in the Dentale formation is scheduled to come onstream in the coming days.
Halliburton reports 3Q21 profit
Halliburton posted net income attributable to the company of US$236 million, or 26 cents per share, in the 3 months ended 30 September, compared with a loss of US$17 million, or 2 cents per share, last year.
Clariant opens oilfield services centre in South Texas
The new technology, operations and commercial Black Hills site has more than 5000 ft2 of office and networking space, a 3500 ft2 laboratory and an 80 000 ft2 production area.
SDX Energy spuds well in West Gharib concession
SDX Energy has started a development drilling campaign in the West Gharib concession in Egypt that aims to grow production from c. 2400 bpd to c. 3500 - 4000 bpd by early 2023.
Aker BP receives drilling permit near Bøyla field
The drilling programme for well 24/12-7 relates to the drilling of a wildcat well in production licence 1041.
Shearwater contracted for 3D seismic exploration project in South Africa
The survey will acquire over 6000 km2 of 3D seismic data and be acquired by the Amazon Warrior.
Schlumberger, Subsea 7 awarded Sakarya contract
The contract is for the engineering, procurement, construction and installation (EPCI) of end-to-end production solutions for the Sakarya gas field, Turkey’s largest gas reserve.