Upstream news

The field data for the Mid North Sea High survey will be collected from approximately late April to mid-October 2021.

Oil prices rose on Wednesday as the market expects OPEC+ to keep a conservative output policy in the following day’s meeting, due to the speed lag of the oil demand recovery.

Wells 25/8-20 S, 25/8-20 A, 25/8-20 B and 25/8-20 C will be drilled from the Scarabeo 8 drilling facility after concluding the drilling of water injection wells for Vår Energi AS in production licence 229.

The MoU covers cooperation in exploration of hydrocarbon resources and gas production in Ukraine.

Two of the projects will take place in the deepwater Gulf of Mexico, and one will be carried out offshore Trinidad & Tobago.

The new location offers Dräger’s full portfolio of safety products and its offering of rental and safety services for the oil, gas and chemical industries.

The contract is for the provision of the NAGA 7 jack-up drilling rig to undertake drilling services for ConocoPhillips, which entails drilling up to three wells offshore Sarawak, Malaysia, sometime in the first half of 2021.

The survey will be acquired using an Extended Long Offset configuration, with the Ramform Tethys seismic vessel towing a wide multi-sensor GeoStreamer spread with an additional source vessel located several kilometres ahead.

The divestment includes Seabed’s ocean bottom node inventory, handling equipment, related technology and order backlog.

The Sirung-1 wildcat well in Block SK405B was drilled to a total depth of 2538 m where it encountered a significant oil and gas column of more than 100 m, in the clastic reservoirs.