Upstream news

Wood Mackenzie’s Ed Crooks has commented on the issues facing Big Oil as investor pressure and court challenges over climate change grow.

The technology, developed by PaleBlue and used to train astronauts travelling to the International Space Station, will reduce the need for offshore travel, lower costs and associated emissions and support safe operations.

EM&I developed HullGuard specifically for FPSOs, MODUs, FSRUs and FLNG assets.

With the East African Oil Pipeline project recently getting the go-ahead, Uganda is set to produce its first oil as early as 2025 and production in the next five years is expected to jump to 230 000 bpd, from zero in 2021, according to GlobalData.

The company has said that the volumes flowed during the test are equivalent to over 10 000 boe/d.

The contract was awarded by Technip Energies as part of the Greater Tortue Ahmeyim project on the maritime border of Mauritania and Senegal.

The wildcat wells were drilled in production licence 090 in the northern North Sea.

The total estimated value of the contract extension, based on current activity level, is expected to be US$200 million.

Hipp Creek 3D will add nearly 200 km2 of seismic data tying into existing TGS 3D seismic coverage within their core area of the Montney Basin in British Columbia, Canada.

The contract covers the CI-11 offshore block, operated by state oil company Petroci.