Upstream news
Valaris awarded 16-well contract offshore Australia
Woodside has contracted the VALARIS DPS-1 semisubmersible for the campaign.
Petrobras sells Papa-Terra field offshore Brazil to 3R Petroleum
The field is located in the Campos Basin and began operating in 2013.
NEO Energy completes acquisition of Zennor Petroleum
The Zennor portfolio adds circa 40 million boe of reserves and more than 90 million boe of un-risked resource in the UK Continental Shelf to NEO.
AGR wins well management contract offshore Australia
The contract with Western Gas covers well construction, drilling engineering, procurement, supply chain, regulatory compliance requirements and operational supervision of the well in WA-519-P.
TechnipFMC and Halliburton subsea fibre optic technology receives OTC award
The Odassea service integrates hardware and digital systems to strengthen capabilities in subsea reservoir monitoring and production optimisation, and has been selected by ExxonMobil for its Payara development project in Guyana.
Subsea 7 and Aker Solutions land Kobra East & Gekko contracts
The Kobra East & Gekko field, located in the Alvheim area of the North Sea, is operated by Aker BP.
Petrobras and SUEZ – Water Technologies & Solutions sign membrane supply contract for 15 FPSO platforms
SUEZ will provide membranes used in seawater sulfate removal on 15 FPSO platforms operated by Petrobras offshore Brazil.
Equinor extends Maersk Intrepid's work at Martin Linge field
The added well intervention scope has a firm duration of 31 days, which means that the Maersk Intrepid rig is now contracted until February 2022.
Santos awards McDermott EPCI contract for Bayu-Undan gas field
The Bayu-Undan field is one of Timor-Leste's largest gas fields.
Decommissioning costs in UK North Sea fall again
The UK Oil and Gas Authority’s 2021 Decommissioning Cost Estimate has revealed steady progress towards a £39 billion by end-2022 target – but makes it clear that the industry must maintain the pace of cost-cutting.