Upstream news

Shell still plans to appeal the court ruling last month that ordered it to reduce greenhouse gas emissions by 45% by 2030 from 2019 levels.

Drilling at Longtail-3 offshore Guyana encountered 230 ft (70 m) of net pay, including newly identified, high quality hydrocarbon bearing reservoirs below the original Longtail-1 discovery intervals.

The US$2 billion contract will see the consortium provide engineering, procurement, construction and commissioning (EPCC) services for the development of an onshore oilfield that will generate up to 200 000 bpd.

The joint venture, which also includes Qatar Petroleum and CNRI, is considering an early production system for Block 11B/12B to provide first gas and condensate production from the Luiperd prospect.

The agreement has a fixed period of three years and includes an option to extend the contract for two additional years.

The contract with Chevron is for the ultra-deepwater drillship Valaris Relentless (DS-18), a GustoMSC P10,000 design.

The two companies will carry out pre-FEED for two FPSO projects for TotalEnergies in Angola and Suriname.

Worley will complete the engineering design and procurement of equipment packages to enable increased oil recovery and extend production of the Captain field in the central North Sea, operated by Ithaca Energy.

The new company is expected to produce 108 000 to 114 000 boe/d in 2022, with adjusted core earnings between US$750 million and US$800 million.

Siemens Energy’s scope of supply for the project will include pressure and temperature sensors for the subsea production system, electrical distribution equipment including flying leads, umbilical terminations, connectors for subsea modules and multi-leg harness assemblies.