Upstream news
Offshore Malaysia field brought online
The East Cendor field in Block PM304, operated by Petrofac and located 140 km offshore Peninsular Malaysia, achieved its first oil production on 23 June 2021.
Xodus assessing feasibility of electrification of Harbour Energy’s Central North Sea assets
The Oil & Gas Authority’s UKCS Energy Integration Report last year calculated that electrification could abate UKCS oil and gas operational emissions by 2 – 3 Mt CO2 per year by 2030.
Kentech completes acquisition of SNC-Lavalin's oil and gas division
Kentech has also rebranded as Kent.
RotoJar becomes HydroVolve and appoints new CEO
HydroVolve, based in Aberdeen, UK, has appointed Jamie Airnes as CEO and launched a new range of technology solutions built on its patented hydraulic-powered downhole engine.
Chevron appoints president for new low carbon business unit
Jeff Gustavson has been named president of Chevron New Energies, which will intially focus on commercialisation opportunities in hydrogen, carbon capture and offsets and support of ongoing growth in biofuels.
TotalEnergies and Apache make further discovery offshore Suriname
Sapakara South in Block 58 encountered 30 m of net pay of oil, in a good quality Campano-Maastrichtian reservoir.
Ecuador defaults on debt to Perenco
A tribunal ruled in September 2019 that Ecuador owed Perenco US$391 million as a result of its takeover of Blocks 7 and 21.
Equinor and TotalEnergies complete divestment of onshore Venezuela asset
Equinor and TotalEnergies have transferred their interests in the Petrocedeño project to PdVSA.
Green light given for start-up of Duva field
Operator Neptune Energy estimates the reserves at the Duva field in the Norwegian North Sea to be approximately 11 million m3 of oil equivalent.
PETRONAS Carigali, Shell and PETROS EP awarded exploration acreage offshore Malaysia
PETRONAS Carigali, Shell and PETROS EP have been awarded Block SK437 offshore Sarawak.