Upstream news

The strategic collaboration has a global scope, with an initial focus on the North Sea.

Fugro will help OCS Services deliver on ONGC’s Protective Coating of Process Platform Project 1 (PCPP1), an infrastructure project to maintain and refurbish 32 offshore platforms in seven clusters.

The FEED award from Equinor follows the successful completion of a study phase, and the work starts immediately with planned completion in 3Q22.

Neptune will report annually on its flaring and progress towards meeting the initiative’s objective.

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.

The contract, relating to the VALARIS DS-4 drillship, is for a minimum term of 548 days.

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 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.

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 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.