Upstream news
Equinor to increase gas exports to supply Europe
Production permits for the Oseberg and Troll fields have each been increased by 1 billion m3 for the gas year starting 1 October.
NERA and Wood partner on AI inspection solution
The Augmented Machine Vision Solution is designed to inspect critical industrial equipment, particularly for subsea oil and gas infrastructure.
LYTT and Baker Hughes collaboration aiming to accelerate digital transformation of oil and gas operations
The joint customer offering will help accelerate the digital transformation of the oil and gas sector by applying distributed sensor networks within the wellbore, producing actionable insights that optimise production from oil and gas fields.
Shelf Drilling awarded contract by ONGC
The planned start-up of operations for the Parameswara jack-up rig in the Mumbai High is 1Q22.
Shell and Deltic Energy complete Pensacola site survey
The results of the initial phase of the survey will be interpreted and, if required, a second geotechnical phase incorporating the collection of samples from the seabed will be undertaken before the end of the year.
Gazprom Neft-Lukoil JV to develop oil and gas cluster in Yamal-Nenets region
The new production cluster will be centred around the Tazovskoye oil and gas condensate field, brought into production by Gazprom Neft in June this year.
Repsol Sinopec contracts Well-Safe Solutions for decommissioning in Buchan and Hannay fields
The contract has been welcomed by OGUK and The Oil & Gas Authority as a strong example of collaboration, campaigning and innovation.
Warwick Investment Group acquires Rosewood's Eagle Ford assets
The combined purchase price and anticipated development capital represents an incremental ~US$450 million commitment to the Eagle Ford for Warwick.
IEC makes another oil discovery offshore Indonesia
IEC now plans to conduct stimulation work and commence production from the Kruh 26 and Kruh 25 wells in October 2021.
SBM Offshore completes financing of FPSO Sepetiba
FPSO Sepetiba is to be deployed at the Mero field in the Santos Basin offshore Brazil, 180 km offshore Rio de Janeiro.