Upstream news
BHP divests ownership of Neptune field in Gulf of Mexico
The transaction has been made with EnVen Energy Ventures, LLC.
THREE60 Energy Group secures seven-figure funding
The funding facility, provided by Arbuthnot Commercial ABL, will deliver working capital to support anticipated growth as well as potential future acquisitions.
Subsea 7 awarded Mero-3 contract
The contract scope includes engineering, fabrication, installation and pre-commissioning of 80 km of rigid risers and flowlines for the steel lazy wave production system, 60 km of flexible service lines, 50 km of umbilicals and associated infrastructure, as well as installation of FPSO mooring lines and hook-up.
Bahamas Petroleum changes name
Bahamas Petroleum has changed its name to Challenger Energy Group.
NPD awards drilling permit to Lundin Energy
The drilling programme for well 16/1-34 S concerns the drilling of an appraisal well in production licence 167. Lundin Energy Norway AS is the operator with an ownership interest of 40%.
Finder Energy acquires two North Sea licences from Azinor
Finder Energy has acquired the UK North Sea P2502 and P2524 licences from Azinor Catalyst Ltd.
Schlumberger to deploy DELFI Petrotechnical Suite on AWS
The collaboration will enable more customers to use advanced digital solutions in the DELFI Petrotechnical Suite.
Shell sells interest in Philippines gas field for US$460 million
Shell is selling its interest in the Malampaya gas field to Malampaya Energy XP Pte Ltd., a subsidiary of Udenna Corp.
Joint unitisation project to be carried out at Haltenbanken East development
The Haltenbanken East project will be developed as a unit between four different licences, and comprises six discoveries and three prospects with a combined volume in the order of 100 million boe, mostly gas.
Wintershall Dea makes discovery in Norwegian Sea
The Dvalin North discovery, estimated to hold between 33-70 million boe, is 12 km north of the company’s operated Dvalin field, and 65 km north of the operated Maria field.