Upstream news

The live event in Aberdeen will include an in-person socially distanced exhibition, new energy transition keynote conference content, show floor features including Energy Transition Zone and Theatre, Decommissioning Theatre, a TIDE (talent investment & diversity) programme and networking events.

The first trade of certified carbon neutrally produced oil from the Johan Sverdrup field has been completed with GS Caltex in South Korea.

The contract covers integrated waste management services for Aker BP’s Valhall Flank North and Hod B field development projects on the Norwegian Continental Shelf.

TDW completed the isolation working for a major operator through its local partner, Strides Energy & Maritime Ltd.

The contract scope covers the engineering, procurement, construction and installation (EPCI) of the subsea production systems and subsea pipelines.

The European oil majors benefited dramatically from elevated oil and gas prices in 1Q21 as income returned to near pre-pandemic levels, says GlobalData.

New Mexico's record production in March was a result of both new wells coming online for the first time and existing wells coming back online after being shut in during the cold snap.

Wood will work with Equinor to drive down costs, increase efficiency and improve sustainability across the company’s Snorre A, Snorre B, Visund, Grane and Martin Linge platforms.

The investigation will look into a possible failure by unnamed companies to maximise economic recovery from the North Sea.

The company's production guidance for 2021 has been increased to between 180 to 195 000 boe/d, from the original guidance of 170 to 190 000 boe/d.