Upstream news

The properties being sold include non-operated interests in over 400 producing wells (65.9 net) with recent production of greater than 4500 net boe/d (approximately 65% oil).

Over 200 000 MT of oil production equipment was carried through the Russian Inland Water System to the Tengiz field in Kazakhstan.

Four wells on Statfjord Øst will be drilled with the COSLPromoter rig from the spring of 2023.

The agreement, signed at the St. Petersburg International Gas Forum, documents the intention of both parties to work together in jointly determining applications and solutions that can benefit from the introduction of new technologies for oilfield services.

The output of the UK’s gas fields in the North Sea and Irish Sea is falling, partly because, according to OGUK, too few new fields have been developed.

The new contracts are worth a total of US$70 million.

Mammoet has carried out the load-out of the Garagol Deniz Drilling Platform A's topside.

Nexans will use its new cable-laying vessel, the Aurora, to install the cables.

The extensive modification and life extension work on the Aframax tanker will include the provision of a new hull coating, designed to make the FSO’s performance reliable for uninterrupted service for the next 20 years for offshore operation.

Ocean Geo Solutions’ current workforce, including geophysicists, cartographers and support staff will continue to operate out of its Houston office.