Upstream news
PTTEP announces further exploration success in Malaysia
The Kulintang-1 wildcat well in Block SK438 was successfully drilled to a total depth of 2238 m in April 2021.
Eni and BP exploring combining Angolan upstream interests
The new company would be supported by Eni and BP and would be expected to be self-funded.
PGNiG acquires interest in gas exploration licence in Pakistan
The company has secured a 25% interest in the Musakhel licence block in central Pakistan.
Westwood: record number of FPSO licenses set to expire in 2022
Up to 30 FPSO units could potentially become available by the end of 2022, according to analysis by Westwood Global Energy Group.
TGS and Halliburton collaborate on seismic reservoir monitoring
The alliance will provide operators with advanced insight to determine their reservoir potential for oil and gas production or carbon storage.
TechnipFMC awarded EPCI contract for North Sea EOR project
TechnipFMC will design, manufacture, deliver and install subsea equipment for Ithaca Energy's Captain EOR project.
Chrysaor drills dry well in North Sea
The well was drilled 26 km south of the Sleipner Øst installation and 9 km south of the Grevling discovery in the North Sea, about 240 km west of Stavanger.
ADNOC reported to be in early talks with investors ahead of drilling unit IPO
Banks working on an initial public offering of ADNOC Drilling are scheduling calls with a local, regional and international institutional investors to sound out appetite for the potential sale, according to unnamed sources.
OMV Petrom completes divestment of Kazakhstan production assets
The transaction is part of OMV Petrom’s strategy to focus its regional expansion towards the Black Sea area.
Equinor and Sonatrach sign E&P MoU
The MoU also includes possible cooperation within greenhouse gas emissions and carbon management.