Upstream news
Santos begins infill drilling programme offshore Timor-Leste
The programme comprises three production wells and will develop additional natural gas and liquids reserves, extending the life of the Bayu-Undan field as well as production from the offshore facilities and the Darwin LNG plant.
Dyna-Mac to provide topside modules for Barossa FPSO
The contract is with a wholly-owned subsidiary of the BW Offshore group.
Tailwind Energy buys BP's stake in Shearwater field
BP currently holds a 27.5% non-operated interest in the Shearwater condensate and gas field, operated by Shell, in the UK Central North Sea.
80:20 Procurement awarded North Sea asset contract by Total
The contract, which started in January 2021, has been awarded for three years and extends 80:20’s coverage to all of TEPUK’s North Sea assets.
Delmar Systems acquires Vryhof
The combined company will continue as Delmar Systems and as Vryhof.
Fugro to survey Pensacola prospect ahead of scheduled 2022 drilling
The site survey is expected to commence at the end of July 2021 and be completed in 3Q21.
Neptune Energy planning £7 billion IPO, reports The Sunday Times
The company, founded in 2015, is believed to be close to appointing JP Morgan to explore a listing or sale to a rival.
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.