Upstream news
Keppel and Sembcorp confirm O&M merger talks
The two companies have started exclusive negotiations with a view to combining Keppel O&M and Sembcorp Marine.
SOCAR, Petrofac JV wins work with BP in Caspian Sea
The joint venture will support the Azeri Central East project operated by BP.
APT sets up Houston office
Applied Petroleum Technology has ramped up its presence in Houston to support US operators involved with shale oil as well as companies engaged in offshore E&P in the Gulf of Mexico.
Reuters: Keppel and Sembcorp in merger talks
Sources have said boards of both companies are meeting to begin discussions that could take many months and ultimately result in Keppel Corp. hiving off its offshore and marine business and combining it with Sembcorp Marine.
TGS acquires seismic surveys covering 12 200 km2 offshore Australia
The three 3D seismic surveys were acquired from Polarcus.
Production starts at LLOG's Praline field
The Praline field is located in Mississippi Canyon Block 74.
Seven companies offered Norway exploration licences
Norske Shell, Equinor, Idemitsu Petroleum Norway, INEOS E&P Norway, Lundin, OMV (Norway) and Vår Energi have been offered stakes in four production licences.
BP begins production at Gulf of Mexico project
Two new wells tied into the Na Kika platform are expected to boost gross platform production by an estimated 20 100 boe/d.
UK OGA wants zero routine flaring and venting by 2030
Flaring is currently responsible for a fifth of UK offshore oil and gas production-related carbon dioxide emissions and 1% of total UK annual CO2 emissions.
Schlumberger commits to net zero by 2050
As part of its decarbonisation strategy, the company will use a Transition Technologies portfolio to address fugitive emissions, flaring reduction, electrification, well construction emissions, and full field development solutions.