Upstream news
Tailwind Energy completes development well at Evelyn field
The Evelyn field is expected to be on production, via the Triton FPSO, in 4Q22.
Baron Oil increases interest in North Sea licence
The company has increased its interest in Offshore Licence P2478 from 15% to 32%.
BW Energy awarded exploration licences offshore Gabon
The two blocks, G12-13 and H12-13, are adjacent to BW Energy's Dussafu licence offshore Southern Gabon.
Longboat Energy and Vår Energi make discovery at Rødhette exploration well
Preliminary estimates by Vår Energi place the size of the discovery between 9 and 12 million boe recoverable (gross).
Orcadian Energy to farm out Carra prospect to Carrick Resources
The Carra prospect lies to the East of the Crinan and Dandy discoveries and to the South of Fyne in the North Sea.
Gazprom and Petrofac create partnership
The companies will collaborate to drive industry standardisation and sustainable development, as Russia’s energy sector seeks to encourage industry participation by international companies in its drive to expand at home and abroad.
Lundin Energy drills dry well in North Sea
The well was drilled about 1 km west of the Solveig field in the North Sea.
Lukoil increases stake in Shah Deniz project
Following completion of the sale, Lukoil's interest in the project will increase from 10% to 25.5%.
UTEC deploys subsea positioning technology on ultra-deepwater field development project in Africa
The iXblue solution offers significant installation vessel time savings compared to conventional subsea positioning methods.
Recoverable resource estimate for Stabroek block increased
The updated resource estimate of approximately 10 billion boe includes another significant discovery on the Stabroek block at the Cataback well.