Upstream news

MAN Energy Solutions’ scope of work for the Jansz-Io project comprises the supply of five Subsea HOFIM compressor units.

Vaalco Energy has said that the new agreements with World Carrier Offshore Services Corp. to replace the existing FPSO at the Etame field with a Floating Storage and Offloading unit (FSO) will significantly reduce storage and offloading costs by almost 50%.

The project was carried out offshore Mauritania.

The award marks the first time that a foreign fully owned subsidiary has been licensed by the Abu Dhabi Global Market to conduct oil and gas activities in the UAE.

Rystad Energy’s initial assessment of Hurricane Ida’s impact on US oil production and refinery capacity estimates a peak daily supply curtailment of 1.8 million bpd in the Gulf of Mexico.

The Sapote-1 prospect is located in the south eastern section of the Canje Block, operated by ExxonMobil.

The contracts are with Rex International Holding and Duta Marine Sdn Bhd for the Rhu-Ara and Diwangsa clusters offshore peninsular Malaysia.

The Timi development features Shell's first wellhead platform in Malaysia powered by a solar and wind hybrid renewable power system.

Recoverable volumes from Troll phase 3, which will produce the Troll West gas cap, are estimated at as much as 347 billion m3 of gas.

INEOS acquires 61.5% of the Syd Arne oilfield, currently operated by Hess, which complements the 36.8% share INEOS already holds in the field. INEOS will also acquire 4.8% of the Solsort field, which is already operated by INEOS.