Upstream news
World’s first fully automated land rig drills first well
The Nabors Industries rig reached total depth on a horizontal well for ExxonMobil in the Permian Basin.
TechnipFMC completes Magma Global acquisition
TechnipFMC originally acquired an interest in Magma, a provider of composite pipe technology, in 2018.
Maersk Drilling given contract extension to drill world record well offshore Angola
The Ondjaba-1 well will be drilled at a new world record water depth of 3628 m.
Staatsolie and Chevron sign offshore production sharing contract
The exploration period for Block 5, as set out in the PSC, will last 6 years, with Staatsolie retaining the right to a 40% participation.
Shearwater starts Angola 4D survey for TotalEnergies
The survey comprises a 2-month 4D monitor survey in the Louro-Mostarda Development areas of Block 32.
Occidental sells Ghana assets to Kosmos Energy and Ghana National Petroleum Corp.
The transaction includes Occidental’s interests in both the Jubilee and TEN fields, which combined had 2Q21 net production of 22 000 boe/d.
Wood awarded FEED contracts for Trefoil field development
The potential Trefoil Project is a subsea development at the Trefoil gas field offshore Australia, with a tie-back to the Yolla Platform.
Valaris drillship receives ABS Enhanced Electrical System Notation
Valaris upgraded the vessel’s electrical system to secure the notation, which recognises sophisticated system design to improve reliability and enhance protection.
OKEA halts further development of Vette discovery
OKEA is also likely to halt further development of the Grevling/Storskrymten discoveries.
Halliburton and VoltaGrid to deploy all-electric fracturing solution in Haynesville Shale
The solution combines Halliburton’s all-electric fracturing spread with VoltaGrid’s power generation system.